After years of volatile swings in real estate activity during and after the pandemic, U.S. property investors appear to be returning to more measured behavior. According to new data released by Redfin, investors purchased 46,726 homes in the first quarter of 2025--a modest 2% increase from a year ago--signaling a stabilization of investor activity in the residential market.
For decades, Florida has served as a haven from high-tax, high-cost states -- attracting retirees, snowbirds, hourly workers, and increasingly, younger professionals priced out of other housing markets.
Florida Gov. Ron DeSantis recently voiced his support for eliminating property taxes in his state, a move that would make Florida the first state in the nation to do so if successful. However, critics argue that property taxes are a crucial funding source for local governments.
Hotels and cruise ships across America are going to be very busy in late 2024 as AAA predicts that 119.3 million people will travel 50 miles or more from home during the year-end holiday period, spanning Saturday, December 21, 2024 to Wednesday, January 1, 2025.
Posted on September 26, 2024