Latest news with #AmericansfortheArts
Yahoo
19-05-2025
- Business
- Yahoo
5 Best US Coastal Towns To Buy Property in the Next 5 Years, According to Real Estate Agents
Mark Twain famously quipped, 'Buy land, they're not making it anymore.' Nowhere is that more true than waterfront towns in the U.S. It's gotten harder to find good bargains in coastal towns over the last two decades. But charming, overlooked oceanside living still exists — if you look closely enough. Explore More: Check Out: A few even offer more affordable homes than the national average of $367,711, according to Zillow. Here are five U.S. coastal towns you should keep your eye on, according to real estate agents, if you plan on buying property within the next five years. Median home price: $280,631 Coastal towns in South Florida have exploded in popularity over the last 60 years. Jeff Lichtenstein, real estate broker at Echo Fine Properties, has seen that explosion firsthand. 'Much of South Florida is now developed, as growth has shot up from Miami to Boca Raton to Jupiter, and now into the Treasure Coast,' he noted. 'But Fort Pierce has a lot of room for growth and plenty of undeveloped land still available.' In fact, Florida saw so much price growth since the pandemic that it overshot the local fundamentals. Prices in much of Florida have corrected over the last year, and Fort Pierce properties have dipped 3.4%, making this coastal town especially affordable. Try This: Median home price: $318,094 Another low-cost coastal gem, Rockport brags about its ranking in 'The 100 Best Small Art Towns in America' by magazine Americans for the Arts. As a Texas realtor, Levi Rodgers urges buyers to look for up-and-coming beach towns like Rockport. 'Search for operating waterfronts with financed upgrades to infrastructure, changing zoning or proximity to deepwater ports and ferry terminals — these tend to ignite development before the market realizes it,' Rodgers said. He also notes that many waterfront towns start tightening up on Airbnb regulations as they become more popular with tourists. 'When short-term rentals are restricted, long-term values rise as inventory constrains,' Rodgers added. Median home price: $392,721 Lichtenstein also likes Stuart, nestled between Jupiter Island and Port Saint Lucie. 'It's a charming town with a true middle-of-the-country USA feel to it,' he described. 'It retains plenty of mom-and-pop stores and establishments. Right off the Intracoastal and the ocean, there is boating and more reasonable housing compared to some of the southern towns on the east and west coast.' Stuart enjoys a great location, less than an hour from both the bustle of Palm Beach and the quiet of Lake Okeechobee. Median home price: $419,694 Ranked sixth on Vacasa's list of the Best Places to Buy a Vacation Home in 2025, Navarre has a lot to offer. 'It's quiet, it's gorgeous and it hasn't been hit with the same price spikes as other Gulf Coast towns,' explained Jessica Robinson at Family Nest North Central Florida. 'Plus, the rental demand is steady and growing.' Sure enough, short-term rental research platform Rabbu shows an average of $56,324 in annual rental revenue for homes in Navarre. Median home price: $456,027 It looks as though Americans are already starting to discover Port Angeles, where home prices rose by 3.6% over the last year — nearly triple the nationwide average. 'The smartest coastal investments in the next five years won't be in the most obvious locations,' added Rodgers. 'They'll be in places like Port Angeles, Washington.' Beyond the waterfront, the town sits just outside Olympic National Park. Visitors and residents enjoy near-endless hiking and biking trails, glacial lakes like Lake Crescent, and waterfalls such as Marymere Falls. Editor's note: All median home prices are sourced from Zillow. More From GOBankingRates 5 Luxury Cars That Will Have Massive Price Drops in Spring 2025 8 Items To Stock Up on Now in Case of Tariff-Induced Product Shortages Are You Rich or Middle Class? 8 Ways To Tell That Go Beyond Your Paycheck 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth Sources Zillow, 'United States Housing Market.' Echo Fine Properties, 'John Lichtenstein.' Americans for the Arts, 'The 100 Best Small Art Towns in America.' The Levi Rodgers Real Estate Group, 'COMPANY LEADERSHIP TEAM.' Vacasa, '2025: Top 25 Best Places to Buy a Vacation Home.' Family Nest North Central Florida, 'Estate Planning Services.' Rabbu, 'Navarre, FL Airbnb Market Data.' This article originally appeared on 5 Best US Coastal Towns To Buy Property in the Next 5 Years, According to Real Estate Agents Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-04-2025
- Entertainment
- Yahoo
Arts industry generates $33.5 million in economic activity for Odessa
Mar. 31—Randy Cohen, Vice President of Research for Americans for the Arts, will be the featured speaker at the upcoming Arts Leaders Luncheon, hosted by Odessa Arts on Friday, April 4, from 11:30 a.m. to 1 p.m. at the Wagner Noël Performing Arts Center, Rea-Greathouse Recital Hall. This special luncheon invites arts leaders, supporters, and the public to hear firsthand the results of a major economic impact study conducted in 2024 by Odessa Arts in conjunction with Americans for the Arts. Cohen will present findings from the Arts & Economic Prosperity 6 (AEP6) study, which reveals that in 2024, the nonprofit arts and culture sector in Odessa generated $33.5 million in total economic activity. This includes $15.7 million in spending by arts and culture organizations and $17.8 million in event-related spending by audiences. The study also shows that the arts supported 397 local jobs, generated $13.2 million in personal income, and provided $4.5 million in tax revenue to local, state, and federal governments. "This is just one of the many insights Randy Cohen will share," Randy Ham, Executive Director of Odessa Arts, said in a news release. "His presentation will highlight how deeply the arts impact our local economy, workforce, and quality of life." Randy Cohen will also be a featured speaker at Odessa Arts' Spectacular! Spectacular! Black & White Ball on Saturday, April 5, at the Odessa Marriott Hotel & Conference Center. Event Details — Event: Arts Leaders Luncheon featuring Randy Cohen. — Date: Friday, April 4. — Time: 11:30 a.m. — 1 p.m. — Location: Wagner Noël Performing Arts Center, Rea-Greathouse Recital Hall. — Tickets: This event is open to the public, and arts leaders are encouraged to attend to learn how arts investment is fueling Odessa's growth and prosperity.
