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August 11, 2010
The Florida real estate market has been on a roller coaster ride for several years. Just a few years ago, Florida was considered one of the premium home buying states. In addition to being a fun-loving place to reside, Florida makes for numerous real estate investment properties to accommodate the millions of tourists who flock to the area annually.
Florida real estate was a goldmine for investors. Many made most of their money by offering short-term vacation rentals or providing furnished condos and beach cottages to snowbirds who reside in the Sunshine State during winter months.
May 19, 2008
Florida real estate is making headline news. With a reported 198-percent increase in foreclosure rates during the first quarter of 2008, this once hot real estate market is in a hurricane-strength downward spiral. South Florida residents have taken a hard hit, with nearly 1,300 foreclosure filings last month. Default Research, Inc., provider of nationwide foreclosure statistics is reporting an average of 220 foreclosure filings per day across the Sunshine State.
Experts suggest investing in Florida real estate now could result in massive profits when the real estate market bounces back. And, bounce back it will. Real estate is a necessary commodity. People need a place to live. Private investors, who purchase distressed Florida real estate properties now, can make a fortune in rental income over the long-term.
February 20, 2008
Florida real estate is some of the most highly sought-after real estate on the market. It's no wonder. Known as the Sunshine State, Florida offers more than 1100 miles of coastline, 660 miles of beaches and an abundance of outdoor recreation opportunities; particularly golf.
Much of the real estate available in Florida is situated in exclusive gated golf communities. North Florida boasts nine exquisite golf communities including Amelia Island Plantation located on Amelia Island; Augustine Island of Palencia, Legacy Trail and World Golf Village located in historic St. Augustine; and five golf communities in Palm Coast.