Blog

Jul
24
Florida GDP Hits $1 Trillion Mark

Florida becomes more and more of an economic powerhouse every year, being one of the ripest and most in-demand markets in the country, so it comes as no surprise that Friday, July 13th, Florida’s gross domestic product finally reached the $1 trillion mark. According to the state chamber, if Florida were an independent country, that amount of economic output would make the Sunshine State the world’s 17th largest economy, growing larger than Saudi Arabia, Switzerland, and Argentina’s. Although the number is high, this was to be expected, University of Central Florida economic analyst Sean Snaith said the state has been strong in all areas of employment.



This is really being d...


Jul
16
Jul
16
Waterfront Home Prices

According to a recent analysis, home buyers purchasing waterfront property in the United States are paying less of a price premium than they were six years ago. In the second quarter of 2012 waterfront homes were selling for a 54% premium, that number jumps down to 36% in the first quarter of 2018, an 18% decrease in just six years, according to research from real estate firm Zillow. This shows that the extra cost for waterfront living is on the decline, it’s at the lowest price point since the second quarter of 2002, and below the average premium since 1996 of 41%.



It is well-known in the real estate world the common phrase “it’s all about location” – and waterf...


Jul
09
Europe’s Real Estate Resurgence Continues

As Europe continues to be the peak of the global residential price growth, China, the world’s prime market for the past couple of years, takes the lead for its runaway home prices. According to the Knight Frank Global Residential Cities Index, in the first quarter of 2018 alone, 15 out of the 24 global cities that posted a double-digit price increase for residential homes were in Europe. Further solidifying Europe’s position as a leading home market. In the front of the group was Berlin, with an annual growth rate of 14.9%, next Rotterdam, Netherlands, coming in second at 14.8% and Budapest, Hungary, coming third at 14.4%.



The recovery in European cities is largely attributable to...


Jul
02
Florida- Top 5 Beach Towns

There’s very little in this world that is more appealing than the quaint and relaxing feel of a beach town. Nothing can quite compare to the salty charms of coastal living. With wind in your hair, the warmth of the sun on your skin, and the crashing of blue waves onto sandy shores, what more could anyone possibly want? With warm weather year-round and a booming housing market, Florida coastal cities have become one of the most coveted and popular moving destinations. But between all the bountiful beach towns in the United States, which ones take the coastal crown?

A 2018 WalletHub study of 58 metrics ranging from housing costs to the share of waterfront homes and water quality has com...


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 Keller Williams Island Life Real Estate       The Coffey Group Fine Homes International        Coffey & Divald Property Management 

 206 Harbor Drive S,                                    1491 2nd St Suite B, Sarasota FL 34236

Venice, Florida 

34285

United States