Florida rent prices have increased drastically since 2020, analysis shows
Rent prices have hiked across numerous states in the last few years and in Florida especially, according to analysis from experts at RubyHome Luxury Real Estate who reached their consensus after calculating percentage increases in average rental costs since 2020.
State of Seminole County 2022 address looks back at cost of Ian, historic flooding
Seminole County Commission Chairman Amy Lockhart started the annual āState of the Countyā address by looking back at the past year, and the relationships and resources that brought hundreds of people to Lake Mary for the luncheon and event Monday.
Tiny homes may be solution for Orange County housing crisis
Orange County planners outlined a variety of strategies Tuesday for county commissioners to consider as the board searches for answers to boost lagging home construction, considered to be at the root of the regionās deepening housing crisis.
Cities with the most expensive homes in Orlando metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. Given the current state of the real estate market,Ā housing affordabilityĀ plays a determining role for buyers. As of June 17, 2022, theĀ 30-year fixed mortgage rateĀ sits at 6.25%. As a result of higher mortgage rates across the board, home prices have risen significantly. The typical home value in the United States increased over the last year by +20.9% to $334,141.
Orlando sets real estate records in May for home prices, inventory increases, report shows
Homes hit the Orlando real estate market in May faster than they ever have before, and what they sold for rose the median home price by almost 3% in the area, according to data compiled by the Orlando Regional REALTOR Association.
DeLand to change housing regulations amid affordable housing ācrisisā
City commissioners in DeLand have been searching for ways to help residents get affordable housing. During their next meeting, they will vote on a proposed ordinance to loosen developing regulations to hopefully bring in more housing options.