Baldwin
Real Estate
Florida a national leader in cash-only home sales
Cash is king in the housing market, and Florida wears the crown.New data from Redfin shows that over one-third of home purchases in the U.S. are made in cash — which is much more common here than in other states.Why it matters: Rich people can adapt to this pricey market more easily than typical buyers needing a loan.By the numbers: Five of the 10 metro areas with the highest percentage of cash home purchases are in Florida, with Jacksonville ranked first at 54.4%.West Palm Beach, Fort Lauderdale and Miami ranked second, fourth, and fifth, respectively.Tampa Bay ranked eighth at 42.8%...
Related Group's 25-story apartment tower might get $59 million in city incentives
Taxpayers would put up nearly $59 million in cash grants and tax rebates in order to close the deal on the Related Group building a 25-story luxury apartment tower on the Southbank riverfront where the old River City Brewing Co. restaurant was demolished, according to the latest potential incentive package. The proposed development...
Developer: 'Regenerative placemaking' is key to Jacksonville's Phoenix Arts District
Placemaking is a buzz word in the real estate and development world these days. It is a concept focused on building with the intention to revitalize and reinvigorate communities that have suffered from lack of resources or underinvestment. But what if we took this concept a step further? What if developers first took...
NEFAR signs deal strengthening Northeast Florida's real estate relationship with India
The Northeast Florida Association of Realtors announced a memorandum of understanding with India in March. Currently, India has restrictions so only people who were born in the country can buy land or property in India, but NAR India is working to lift those restrictions. With the amount of population growth Northeast Florida has been experiencing over the last few years and the increased numbers of home sales and realtors, this could be the beginning of a...
It’s essential to note our commitment to transparency:
Our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. As a platform hosting over 100,000 pieces of content published daily, we cannot pre-vet content, but we strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation.