You have had it with winter. So much so, in fact, that you have told your wife that you are ready to look for homes for sale in Florida. As a family, you have always loved vacationing at the beach and Florida has been one of your favorite destinations. You have stayed at homes on a golf course and at least one house in Heron Bay, so you are fairly familiar with the area. You know, for instance, that homes for sale in Florida are quite a bit different than the homes you have bought in the past in the midwest. You also know that with the right realtor you should be able to find the kind of property that will work for what you want.
For many buyers, finding a home in a place like Florida is all about location. Some buyers want to have a home near the beach, others want to have a home on a golf course. Finding the right area, in fact, requires a knowledgeable real estate agent who will be patient enough and work hard enough to make sure that you find all of the things that are on your list.
Real Estate Prices Often Dictate the Choices That Buyers Have to Make
Whether you are looking for a second home at a beach area or you are looking to retire to the warm weather and live on a golf course, Florida is a very popular destination. If you are moving to the area, however, it is important to make sure that you are working with a trustworthy and knowledgeable realtor. Consider some of these facts and figures about the vacation industry and the impact that it can have on the housing market in a place like Florida:
- Florida has the highest percentage of senior citizen residents because of the number of retirees and snowbirds who move to the area. Currently, the rate is at 17%.
- Showing the largest jump since January 1992, new home sales surged in November 2017 to the highest level in a decade.
- The national homeownership rate was 64.2% at the end of 2017, according to the U.S. Census Bureau.
- With more than half of them coming from the state of New York, 1,000 new residents arrive in Florida every day, making it one of the fastest growing states in the U.S.
- The Millennial generation is a powerful force in modern real estate, as shown by the fact that half of all home buyers are now under age 36.
- Florida is now the third most populous state after California and Texas thanks to decades of migration by residents of northern states. This is in spite of the that fact that Florida is only the 22nd largest in land size in the nation.
If you are someone who wants to turn one of your favorite vacation destinations into a permanent home, it is important to give yourself time to find the right property and to work with the right realtor. Looking at homes for sale in Florida, for instance, means that you will want to work with someone who understands the local housing market.