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The first real estate bubble in Florida was primarily caused by the economic prosperity of the 1920s coupled with a lack of knowledge about storm frequency and poor building standards. This pioneering era of Florida land speculation lasted from 1924 to 1926 and attracted investors from all over the nation. [ 1 ]
Swampland in Florida is a figure of speech referring to real estate scams in which a seller misrepresents unusable swampland as developable property. These types of unseen property scams became widely known in the United States in the 20th century, and the phrase is often used metaphorically for any scam that misrepresents what is being sold.
As the land from Lake Okeechobee slopes gradually to Florida Bay, water flows at a rate of half a mile (0.8 km) a day. Before human activity in the Everglades, the system comprised the lower third of the Florida peninsula. The first attempt to drain the region was made by real estate developer Hamilton Disston in 1881.
Florida's real estate prices are not known to be the most stable. In fact, a number of factors conspire to make Florida's real estate market sometimes as mercurial as the state's weather. Learn ...
The Sunshine State provides a wealth of opportunities for real estate investors wanting to grow their financial portfolios. However, as with any acquisition, maximizing the return on your real ...
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here's how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger
The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street Crash of 1929 forcing little development in the state and a land bust. [6] The Vinoy Park Hotel in St. Petersburg, Florida is an example of Mediterranean Revival architecture in the state.
Being well-informed and strategic will help you spot the true gems in the market!” Although the luxury real estate agent is located in Los Angeles, his significant crossover client base between ...