Today, we visited 14 of our homes under construction in North Port, FL.We love to see the progress of each home after every visit.

Purchase price: $400,000 Sale price: $449,000 Contributors: Peter Vekselman Partner Driven, alongside Matt & Penny Winfrey, bought a property on SE Blockton Ave in Port Saint Lucie, FL, on 8/29/2024 for $400,000.

During our monthly market study, Marion Oaks (Ocala) consistently stands out as the area with the highest demand for new construction housing.Below are some of the markets we analyze, along with their average months of housing supply: - Palm Bay: 3.4 months - North Port: 4 months - Port Charlotte: 5.4 months - Marion Oaks: 2.2 months - Silver Springs: 2.8 monthsStudy Criteria: Single-Family Homes Built in 2022 or later, 1400-2400 sqft.

It seems like businesses are still hiring in Marinette and Menominee, I heard Menominee was awarded $20 billion to build a better port area for shipping, do you know anything about this? 

.- Diverse Property Portfolio: The area seems to have a mix of both residential and commercial properties, which could allow for diversification in your investment strategy.Strategic Location: Shelby's proximity to global markets via nearby airports, rail, and port facilities could make it attractive for businesses, potentially driving demand for both commercial and residential real estate.Potential Challenges- Economic Concerns: The unemployment rate of 13.0% is relatively high, which could impact the overall economic stability of the area and potentially affect real estate values and rental demand.- Price Discrepancy: There's a notable difference between the median listing price ($295,000) and the average home value ($201,945).

These markets are ideal for investors seeking properties with good cash flow and future appreciation potential.Don't overlook Southwest Florida, including Cape Coral, Port Charlotte, and the surrounding areas.

I live in Rockville, MD and invest in Montgonety, Frederick, Prince Georges Counties as well as DC

And reality is, EVERYONE sells only question is when, ya never see a u-haul follow a hurst..... 

Quote from @Zac Prince: Hi everyone,I recently moved to Ann Arbor from NYC - very excited to be here!  

I've been doing some research on buying first rental property in Port St Lucie Area.