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Florida's California Moment: Skyrocketing Housing, HOA and Insurance Costs Take Center Stage in 2025

Florida's California Moment: Skyrocketing Housing, HOA and Insurance Costs Take Center Stage in 2025

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.

Older Americans More Likely to Buy Disaster-Prone Homes

According to a new Redfin report, older Americans are more likely to buy homes in areas with significant climate risk compared to younger Americans.

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.

25,000 Florida Homes at Risk of Storm Surge Damage from Hurricane Helene

As Hurricane Helene nears Florida's Gulf Coast, property data firm CoreLogic estimates approximately 25,000 homes are at risk of flooding due to storm surge.

Florida, Texas Condo Supply is Piling Up as Sales Slow

According to Redfin, condo prices are falling in major Florida and Texas metros as inventory piles up and buyers back off. This comes as high HOA fees and insurance costs make condos a tough sell.

Developer Spotlight

Sarasota Property News

Florida, Texas Condo Supply is Piling Up as Sales Slow

Posted on September 04, 2024

Florida Condo Prices Falling as Insurance and HOA Fees Skyrocket

Posted on February 27, 2024

One-Third of U.S. Home Sellers Give Concessions to Buyers

Posted on November 16, 2023

Hurricane Idalia Threatens 800,000 Homes Along Florida's Gulf Coast

Posted on August 30, 2023

U.S. Migration to Most Flood-Prone Areas Has Doubled Since the Pandemic

Posted on July 25, 2023

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Southwest Florida Housing Markets Hit by Hurricane Ian Bouncing Back

Posted on July 10, 2023

Record Setting 50.7 Million Americans to Travel This July Fourth Holiday

Posted on June 30, 2023

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Mortgage Rates in U.S. Slightly Dip in Mid-June

Posted on June 16, 2023

33 Million U.S. Homes at Risk in 2023 Atlantic Hurricane Season

Posted on June 02, 2023

Pending Home Sales in U.S. Drop 5.2 Percent in March

Posted on April 28, 2023

Housing Choice Vouchers Not Keeping Up Rising U.S. Rents

Posted on April 26, 2023

U.S. Mortgage Applications Increase in Late March

Posted on March 30, 2023

U.S. Builders Continue to Grapple with Increased Housing Market Uncertainty in 2023

Posted on March 21, 2023

New Home Mortgage Applications Uptick 1.2 Percent in February

Posted on March 17, 2023

U.S. Luxury Home Sales Implode a Record 45 Percent in Early 2023

Posted on March 14, 2023

U.S. Mortgage Rates Begin to Rise, Again

Posted on February 16, 2023

Architecture Demand, Billings Continue to Decline in U.S.

Posted on January 31, 2023

U.S. Tech Industry Office Leasing Pace Slowed in 2022 to Lowest Share in 5 Years

Posted on January 20, 2023

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