Florida Regional Intelligence

Here you will find all of our articles with topics that cover Florida.

The Villages: Fun, Fun, Fun

Demographics tell us that eight million more people should retire in the next decade than in the last decade. You had better pay attention to the retirement housing market! While the active adult (55+ age-restricted, amenity-rich) home market was brisk …

Don’t Stop Believing (or Building)

Nocatee is a case study of going against conventional wisdom during a downturn—and reaping big rewards afterward. The master-planned community was the fifth best-selling community in the country in 2013, with 838 net sales, up 65% over 2012. Confidence in …

Affluent Second-Home Buyers Are Back in Droves

The Naples housing market is firing on all cylinders this year, with strong demand from retirees, second-home buyers, and snowbirds. Here are some indicators: Prices continue to rise approximately 0.5% per month, according to our Burns Home Value Index™. Incentives/discounts …

The Florida Opportunity

As a native Floridian and consultant to the real estate industry for over 18 years  (eight of them on Wall Street and the rest here in Florida), I am keenly aware of the unique qualities of the state’s distinct metropolitan areas. In recent months, I have …

Florida Is On Fire

The Florida housing market is booming. Home buyer traffic and sales are climbing rapidly throughout the state, leading to increasing home and land prices. In the last two weeks, I had 14 meetings and visited over 20 communities throughout the …

Florida’s Housing Market is Booming, but Will it Last?

  Many areas of Florida are showing signs of renewed housing demand. Builders are buying lots and land in order to position themselves for future growth. In our most recent Residential Land Survey, 78% of Florida builders noted that finished …

Really? More High Rises in Southern Florida?

Condos in High Demand For investors, current market conditions in the southern part of the Sunshine State couldn’t be better. Depressed pricing, low interest rates, a strong rental market and favorable foreign currency exchange rates are pumping up the housing …

Foreign Buyers Show New Interest in Orlando Vacation Homes

This summer, the John Burns consulting team has been active in the Orlando resort and vacation home market assisting in the planning process of future resort-oriented communities. Our conversations with local professionals and field research suggest the reemergence of foreign …

Florida’s Construction Industry is on Life Support

Florida’s construction market has virtually shut down. We have been valuing properties throughout the state all year and, while we are seeing some modest improvement in sales velocity, there is virtually no new construction. Year-to-date through May, the state has …

Florida and California are Night and Day

California’s excess resale supply (homes for sale) is starting to come back in balance, while Florida’s supply is completely out of whack. At 10.2 months of supply, the U.S. still has 42% more inventory than normal, but supply is nearing …