Florida estates 2025

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The 12,400-square-foot mansion, located at 37 Star Island Drive, caught Rosss eye last year.
Florida attorney L. Reed Bloodworth said that an estate can be defined in legal terms and in several other different ways. An estate is the property and the financial assets owned by a person. In other words, whatever you own and whatever its worth is your estate.
Experts predict that housing prices in several Florida markets will decline in 2025 due to the high number of new homes built in the state, similar to Texas. Nick Gerli, CEO of Reventure App, previously told Newsweek that prices could drop by up to 10 percent in cities like Tampa.
Versailles is a 90,000-square-foot (8,400 m2) house belonging to Westgate Resorts founder David Siegel and his wife Jackie. It is under construction at 6121 Kirkstone Lane, Windermere, Florida, in the gated community of Lake Butler Sound in Orange County, Florida, United States.
A majority of experts expect price growth to soften at the state level in Florida throughout 2025 while declining in some markets, without leading to a crash. Evangelou told Newsweek that she does not see home prices declining in Florida, but she does expect a slowdown in price growth to more sustainable levels.
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Is it a buyers or sellers market in Florida? It is considered a balanced market right now. Housing inventory is up since last year, which means supply is less constrained. Mortgage rates are 6.6%, making the average house payment $3,012, which is $332 higher than a year before.

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