Florida has passed New York as the second-hottest housing market in the United States. This comes as no surprise, with a population boom of over 3 million people in the past decade, the real estate market in the state is thriving. In fact, the residential housing market just reached $3.81 billion in value, explaining why so many homeowners are moving to Florida.
There have been many recent changes in Florida, including changes in work culture and the overall quality of life for residents. However, the main reason for the state’s popularity is the changes in the housing market. New constructions are at an all time high, while home prices are hitting incredible lows. More people have increased accessibility to homes as well, with 67% of residents being first-time homeowners.
There are many programs in Florida whose mission is to help others in their move to the Sunshine State. These services can help educate movers with news and resources in order to streamline the home-buying experience.
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