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This is a selection made from among articles on Norfolk Real Estate. For a permanent link to this article, or to bookmark it for future reading, click here.

The Sun Always Shines on Florida Real Estate

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When it comes to the booming Florida real estate market, thoughts generally tend to rest on the Orlando or Miami areas. While these locations do have a corner on the statewide market, many forget that this peninsular state and its nearly 8000 miles of coastline host a vast number of other breathtaking geographical locations. From scenic coastlines to the Florida Uplands, one can find a number of settings in which to purchase property. One can choose to live in the finest of urban settings or opt for the wide open spaces of country living. Geographical variety is one of the things that have kept the Florida real estate market viable.

The Sunshine State has proven to be quite resilient, surviving many misfortunes including the Florida real estate market boom and crash of the mid 1920's. The rush for land was one that could be somewhat compared to that of the present day Las Vegas market. Despite the crash caused by the naiveté of the times, the state has since consistently proven to be a favorite for real estate developers. The beautiful settings and warm weather have attracted individuals from all walks of life, from every part of the globe. Whether opting for a single family home, townhome or a vacation home, young families and retirees alike have found what they are looking for in just about every area of the state.

Because of the popularity and development of certain areas, the Florida real estate market is known to be one of the most expensive markets in the nation. While this can be true for major cities and their outlying areas, it is certainly not the case for all of Florida. With the number of established businesses and a high profile tourist economy that attracts visitors from around the world, business properties in the Florida real estate market can run in the millions, driving up prices in local vicinities. However, the willingness of residents to commute has allowed many affordable housing editions in the surrounding area to go up.

As with other locations, Florida real estate has its ups and downs but continues to remain one of the most vital markets in the United States. While many of Florida's strongest property investments have much to do with the focus on tourism, the retirement industry and golfing industry have also managed to play their part in bolstering the real estate industry. It is a solid market where, with a little research, the average citizen as well as the seasoned investor can do well for themselves. The state continues to develop more and more opportunities on local and national levels, making it a haven for all who are looking to improve their standings through property ownership.

 


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Norfolk Real Estate News

Supertel Hospitality, Inc. Announces Appointment of New Board Member - MarketWatch (press release)


Supertel Hospitality, Inc. Announces Appointment of New Board Member
MarketWatch (press release)
Richard Frandeen has over 40 years of banking and real estate experience. His experience includes financing a wide variety of commercial real estate ...

and more »

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In Norfolk, Again, It's Hannafin - Litchfield County Times (blog)


In Norfolk, Again, It's Hannafin
Litchfield County Times (blog)
Mr. Hannafin, who owns a real estate consulting business and was executive director of the Connecticut Real Estate Commission before retiring in the early ...

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Norfolk Southern to Cut Carbon Footprint 10% by 2014 - Environmental Leader


Environmental Leader

Norfolk Southern to Cut Carbon Footprint 10% by 2014
Environmental Leader
Blair Wimbush, vice president real estate and corporate sustainability officer for Norfolk Southern says the company's emissions reduction strategy will ...
Norfolk Southern Targets Carbon Emissions-Reduction GoalPR Newswire (press release)

all 36 news articles »

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Commonwealth Bankshares, Inc., Norfolk, VA, Announces Sale of Non-Performing ... - MarketWatch (press release)


Commonwealth Bankshares, Inc., Norfolk, VA, Announces Sale of Non-Performing ...
MarketWatch (press release)
... deposit flows, loan demand and asset quality, including real estate and other collateral values; the impact of future levels of loan charge-offs; ...

and more »

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SBA: Deadline for Physical Damage Disaster Loan Applications is Set - Trading Markets (press release)


SBA: Deadline for Physical Damage Disaster Loan Applications is Set
Trading Markets (press release)
Loans to businesses of all sizes and non-profit organizations are available up to $2 million to repair damage to real estate, machinery, inventory and ...

and more »

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