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Florida Real Estate

Florida real estate

"Florida is where the sun shines"- you must have heard this several times. Moderate/warm climate, famous beaches and entertainment venues really make Florida real estate very attractive. So that means Florida real estate or buying a house in Florida is really good for someone who wants to escape the vagaries of weather elsewhere in America and also add to his/her enjoyment through the Miami beach and Orlando theme parks.

However, Florida real estate is also attractive for real estate investors I.e. people who would like to treat Florida real estate as an investment avenue for making profits. With the property prices rising as much as 25%, Florida real estate makes investment sense too. That is one reason why Florida real estate is so sought after. If you wanted to look for a really good deal in Florida real estate, you should start with looking for places that are still in their development phase I.e. places where the real estate prices are not so high but are expected to go up in the years to come. This is generally a good option for people who are looking to pick up Florida real estate as an investment option. This is also good for people who are looking for Florida real estate or a house in Florida to live in by themselves but don't mind a bit of inconvenience that is generally associated with a newly developed (rather developing) area. As far as looking for Florida real estate listings is concerned, you first need to decide on what location in Florida is suitable for you. Again, this will depend on your reason behind going for Florida real estate. If you are going for Florida real estate purely for investment purposes (I.e. you don't actually want to live in there), then you should really be looking for places where the prices are significantly low but are rising or expected to rise in near future. One indication for expected price rise is the influx of a lot of businesses in the area. Industry/business generally propels development in the area and hence causes the real estate prices to go up (and that would be true for Florida real estate too). Of course, distress sales, public auctions, bank foreclosures are like evergreen opportunities that are available in any place at any time and you should always explore them. If you are going for Florida real estate for personal use, then you would be looking at a number of different factors which would basically be related to your convenience and quality of life.

So Florida is where the sun shines and that is also making Florida real estate shine.

Estate Real Florida

Disappearing Coastline

It's some of the most desirable real estate in Florida, worth billions of dollars, and the ocean is washing it away. The effects of beach erosion are felt more acutely this week as the waves churned by oncoming tropical storm Noel tear down protective seawalls. At least one beachfront condominium is under threat of falling into the sea. ABC's Laura Marquez reports.
Ref. ABC Nightline

Florida Real Estate History & Civil Business Politics

Foreclosures' coming wave: Commercial properties:

As home foreclosures continue to mount throughout Central Florida, code-enforcement officers say apartments, condominiums and other commercial buildings are being abandoned by their owners and repossessed by banks in growing numbers. Ref. Source 3

Estate Real Florida

Jacksonville council tentatively approves another property tax hike

Jacksonville's budget, balanced with a property tax rate increase, received tentative City Council approval Tuesday night. The council voted 13-5 to boost the millage rate to a maximum of 10.12, a 9 percent increase from the current year to pay for the roughly $1 billion general fund budget. Ref. Source 7

Estate Real Florida

Commercial real estate leasing falls in 3Q, but vacancies are getting filled

Office leasing activity in Jacksonville fell by nearly 10 percent in the third quarter as compared to 2009, but overall office vacancies dropped by three and a half percentage points since the second quarter, Cushman & Wakefield reported today. Ref. Source 6

Florida Real Estate

Gulf Breeze, FL Real Estate Auction

Saturday, February 12, 2011 at 11:11 AM CST
Location :Hickory Shores Blvd, Gulf Breeze, FL 32561

Northwest Florida Waterfront Estate Pre-Auction Offers will be Presented!
9,449 +/- sq ft home overlooking the bay in Gulf Breeze Florida. 5 bedrooms & 7 bathrooms with screened in bayside pool. Located on a very private lot providing the ultimate secluded waterfront retreat...
More Information Link: www.AndersonRealtyUSA.com

* 9,449 +/- sq ft.
* 5 bedrooms & 7 bathrooms.
* 3 separate living areas.
* Large masterbedroom with 2 walk in closets.
* 18x20 private study with wet bar.
* Kitchen includes 5 burner range stove & double ovens.
* Recreational & game room with direct access to the pool.
* Screen in pool & patio area.
* 2nd kitchen & living area on the first level perfect for a mother -n- law suite.
* 2 master suites.
* Multiple living rooms.
* Security system.
* Large laundry room.
* Dock & boatslip with boatlift.
* Santa Rosa County Taxes: $11,317.04 (2010)

Ref. AndersonRealtyUSA.com.

Florida Real Estate

Nearly 20% of Florida homes are vacant:

On Thursday, the Census Bureau revealed that 18% -- or 1.6 million -- of the Sunshine State's homes are sitting vacant. That's a rise of more than 63% over the past 10 years. Ref. Source 3

Florida Real Estate Politics Business Civil & History

Foreclosure mills in the clear; Florida closes cases with no findings:

The probes, opened by former attorney general Bill McCollum in 2010, ended not with the swiftness of a gavel falling, but in a slow fizzle of court judgments, law firm implosions and the firing of two top state investigators by Attorney General Pam Bondi. Ref. Source 9