Navigating the Booming Florida Housing Market

Florida has seen drastic changes in the past decade, changing the culture of work, improving quality of life, and bettering the housing market across the state. Especially in the wake of the pandemic, the availability of remote work has skyrocketed. In combination with the year-round temperate weather and a general lower cost of living, it is no surprise that movers and many first-time homeowners are flocking to the sunshine state. 

The housing market in Florida is an important component to the popularity of the state in recent years. In fact, Florida has just surpassed New York in the race to be the hottest housing market in the United States, surpassing $3.8 billion. In 2023, new building applications reached 134,377, which is more than California and New York combined. Also, 67% of Floridian homeowners are first-time homeowners, making the state a hotbed for new residents and those looking to start a life.

Experts agree that it is important to consider wants and needs before making a decision about moving to Florida. Luckily, there are several companies dedicated to supporting those in their journey to purchasing a home in Florida. Across all areas of expertise, first-time homeowners or movers can receive guidance as they navigate this new chapter.

Why Are So Many People Moving to Florida?