Gainesville Real Estate News
Gainesville
Up to 700,000 Florida Homes at Risk of Storm Surge Damage from Hurricane Milton
According to new data from CoreLogic, an estimated 500,000 residential properties in the greater Tampa Bay and Sarasota metro areas are at risk of storm surge flooding due to Hurricane Milton.
Southwest Florida Housing Markets Hit by Hurricane Ian Bouncing Back
According to national property broker Redfin, listings of homes for sale in the several Southwest Florida cities like the Cape Coral-Fort Myers metropolitan area have recovered after plunging in the wake of Hurricane Ian last fall, and sales have begun to bounce back.
America's Industrial Market Experiences Sharp User Demand Declines in Early 2023
According to new research by national commercial property broker Lee and Associates, there was a sharp first-quarter decline in U.S. tenant demand for industrial space as wholesalers and retailers reconsider their inventory levels out of caution over the economic outlook.
$8.1 Billion of Florida Mortgage Transactions at Risk Post Hurricane Ian
Based on new research by CoreLogic, more than 22,282 pending mortgage transactions currently in progress in Florida's 20 affected counties are in jeopardy from storm surge and flooding caused by the recent hurricane, Ian. Nearly 14,000 are purchase transactions where the state's average home sales price is $452,000 (as of June 2022).
Gainesville Property News
U.S. Tenants Gravitating to Higher Quality Offices in Response to Hybrid Work
Posted on July 27, 2022
