The Florida real estate market has been improving for the past few years, but it’s not necessarily where you’d think. According to real estate agent Heath Miller, “the Florida real estate market has been stuck in neutral.” While this is a complicated issue, Miller explains that the state’s economy as a whole has been sluggish. Due to this, most of the large-scale developments that would impact the market are taking longer than expected to complete. This has created a backlog of projects that may take longer to get completed than buyers and sellers hope for. That said, there have been many positive signs as well. Palm Coast, a small, coastal community in northwestern Florida, has been one of the fastest-growing areas in the state. In fact, it has been so successful that the city passed an ordinance to encourage affordable housing growth. The region has also benefited from a limited number of new projects. For example, the city of Ocala is investing more than $250 million in infrastructure, green spaces, and other amenities. This will go a long way in improving the area and keeping it as a viable location for future business investments.
Southwest Florida is a wonderful place to live, and there are many great towns to choose from. Of the many small towns in the region, here are some of the best ones you should consider living in: Cape Coral, Sanibel Island, Lehigh Acres, Sarasota, Fort Myers Beach, and Naples. These towns all provide a variety of perks such as beautiful beaches, low crime rates, and low cost of living.
The Southwest Florida real estate market is always ever-changing and unpredictable. It can be hard to predict what will happen in the next five years, but we know for sure that there are certain trends that will remain consistent. South Fort Myers and Cape Coral homes are expected to see an increase in values over the next five years. The newest trend we expect to take hold is that homes within 20 minutes of schools, parks, or libraries will be more desirable with prospective buyers. We hope this article has given you a glimpse into the future of Southwest Florida real estate!
A Guide To Waterfront Living in Fort Myers Beach, Florida. Fort Myers Beach is a beautiful and diverse waterfront community. Many people just passing through the city don’t realize that many houses here overlook the Gulf of Mexico and have access to some of the world’s best fishing. The town
The Southwest Florida Gulf Coast real estate market is hot! It is well ahead of the rest of the country as people flock to Florida. Florida has always been a destination for all walks of life. The great weather, fun things, no income tax to do and the freedom Florida residents have to live the life they want has all been fueling demand that is crushing the supply available for home buyers.