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Commercial Real Estate
While many Fla. homes sport solar panels, fewer commercial buildings do. But as installation costs drop and electric costs rise, the savings start to balance out.
Given a mild drop in some metro’s home prices, more investors are taking a wait-and-see attitude. And flippers who use short-term loans are dealing with higher costs.
In Fla., though, rents outpaced the national average. Jacksonville saw the highest year-to-year change with a 7.5% increase, and a low of 3.5% in Miami and Tampa.
When buyers needed a bidding edge, new companies offered to operate as a cash-offer middleman. But now some are stuck with hundreds of homes.
Expect disruption. AI-powered systems can instantly analyze large amounts of data – property prices, rental rates, market trends – to help predict future real estate values.