All Forum Posts by: Raul Leyte

@Nate Anglin @Account Closed

For more information visit http://www.pwc.com/us/en/asset-management/real-estate/emerging-trends-in-real-estate-2016.html

@Nate Anglin @Account Closed

Here's a more detailed study I found performed by the Urban Land Institute and PWC. The study takes into account the overall Real Estate Prospects including commercial, economic growth, residential development in the entire US. This is based on interviews performed to more than 150 REIT and Investment firms. They are close to my original list with the exception of Jacksonville.

# 19 - Miami

# 29 - Tampa/St.Petersburg

# 40 - Orlando

# 41 - FortLauderdale

# 44 - Palm Beach

# 46 - Cape Coral/FortMyers/Naples

# 53 - Jacksonville

# 75 - Deltona/Daytona

@Hersh M.

For clash flow look surrounding areas, where the high appreciation has not reach its peak. In florida you can still find 9%-15% cap rates across the state. I found areas like Clermont Florida for example with great Class B SFH areas given the moderate commute to parks and some of the biggest orange producers in the state. Clermont is just 30 minutes from Orlando. In the surrounding area of Tampa for example, I've found Class B SHF with 13% cap rates. BTW, both of these areas are exploding in terms of appreciation as well. A good thing if you are holding, but not so much if you are looking.

@James Syed Thank you.

@David Greene

Hi David,

Actually, a recent study published by the Urban Land Institute and PWC show Palm Beach the No.44 real estate market in terms of prospects for Investment, Development, and Homebuilding. Behind all of the above cities I mentioned in the original post and over cities like Cape Coral/Fort Myers/Naples, ranked together at No.46 in the US.

@Agi Anderson

The best cities were determined by looking at local economy strengths and real estate fundamentals published by multiple sources I’ve researched. Also taking into account locations where future and realistic market tailwinds (e.i retiring baby boomers and foreign investors) lead. Unfortunately, Melbourne was not mentioned in any of my research.

@Account Closed

Thanks Greg for the new information. I agree that Tampa is really hot now with a lot of new construction, specially in South Tampa area.

@Gino Barbaro

Hi Gino,

I absolutely agree with your comments. Good luck in your move!

Raul

Thank you @Andrew Davis

The goal of every real estate investor is to buy prime real estate where money gains will be easier and rental returns almost guaranteed. But, as with any investment, the danger of loss is real and timing is everything. Florida housing prices, which hit a peak in December 2006, are slowly and gradually recovering after the Great Recession nosedive — the state’s fall was among the harshest in the nation — but lately, the trend is positive, stoking renewed interest in real estate.

According to the S & P / Case-Shiller index, considered one of the most reliable indicators of market trends of local real estate, real estate prices in the Miami area have been in uninterrupted march upward from November 2011. Recently, in Lauderdale-by-the-sea, a community north of Fort Lauderdale, buyers camped out overnight for the chance to seize new condos selling for $ 500,000 to $ 1 million.

Investors will find real estate prices vary greatly across Florida. In NerdWallet’s study of 227 areas, the cheapest median sale price used to be $37.36 per square foot in Kenneth metropolis in Pinellas County. The most expensive was Key Biscayne at $546.77 per square foot, a variance of above $500.

So which cities in Florida offer the best for real estate investment?

#1 Miami, Florida

With regards to world-class amenities and delicate feature draws, there are couple of urban communities in the U.S. that can contend with Miami. The bigger Dade County territory all in all speaks to everything that is pleasant Florida, from the unequaled sunny shorelines to the year round warm climate. Be that as it may, Miami itself packs on significantly more than characteristic excellence, with an unimaginably vibrant art and music scene, and world-class sports groups.

Notwithstanding all these delicate elements that make Miami a profoundly alluring real estate market, its nearness to Latin America has made the city a particularly blasting business sector for international investors. Considered the "entryway to the Caribbean," Miami has a cosmopolitan character formed by its extensive Latin American populace that pulls in investors to the area, and draws investors from Western Europe and other foreign markets.

#2 Jacksonville, Florida

Contrasted with a considerable lot of Florida's other huge urban areas, Jacksonville is a lot calmer and does not have the gigantic herds of tourist guests. Yet, there are a lot of different reasons why Jacksonville is still a top global real estate investment destination. For one thing there's the warm winters and gentle atmosphere that make all of Florida an alluring spot to claim property, however Jacksonville's charms go past that.

As the biggest city in the Sunshine State, Jacksonville has an exceptionally diverse economy, driven partially by the way that it is home to the second biggest port on the East Coast. Jacksonville is a rail and interstate point of convergence too, making it a clamoring shipping center point for an assortment of commercial ventures. From finance, to manufacturing, to transport, Jacksonville has an energetic and expanded economy, making its real estate investment more steady than some of Florida's greater vacationer markets.

#3 Orlando, Florida

Known as the "Theme Park Capitol of the World", Orlando metro city is home to the biggest amusement park, Walt Disney World. General Orlando Resort, Universal Studios Florida, Sea World, Gatorland, and Wet n' Wild call Orlando home too, however there's something else to the city than simply amusement parks. Orlando is one of the top conventional destinations in the U.S., and conference goers help make Orlando's airplane terminal one of the country's most travelled.

#4 Tampa, Florida

Tampa has all the pure splendor of Miami, with a number of the most wonderful white sand beaches on this planet. It has the diversified and vivid economic climate of Jacksonville, evidenced by the fact that it had been just lately named the third best place in the state to find work. And even though it might not be as popular as international tourist hub, Orlando, it is still a hot place for regional tourists.

#5 Fort Lauderdale, Florida

More affordable, Fort Lauderdale real estate offers yields of up to 9%, driven by solid rental demand from Broward College students. Although tourism comes and goes with economic cycles, it is likely that the rental demand will continue to keep the college town a solid bet.