Attention Investors: Why Should You Love Florida?

21 Apr 2021 by Jaclyn Salhaney

Florida is a HOT state, not only temperature wise, but also it’s Real Estate market. People more then ever want to move to “The Sunshine State” for its warm weather year around, job market, to get an education at the many colleges, things to do, and our sports teams! Tampa Bay had 3 teams playing for championships within 5 months. Another thing people love about living here is we are 1 of 7 states who have no personal income tax. Florida is an ideal business location. It got voted #5 best state for doing business, according to Forbes.

We have over 21 million people living here. It is said that 906 new residents flock to Florida every DAY! Just imagine, in 2 years, that is over 700,000 new people living in our wonderful state. Think about how many new homes we will need to keep up with the growing population. Whether renting or buying, everyone will need a place to live.

The median home value in Florida is $267,296. In the last 5 years, home values have increased by 38%. According to a recent analysis by Zillow, the average rent one pays here for a 1300sqft place with 2 bedrooms is $1,790. That is 8.5% higher than the US average. 34% of housing units in Florida are occupied by renters. With all of these statistics, Florida is indeed a place to check out if you are looking to invest.

https://www.moneycrashers.com/best-cities-buy-rental-property-investment/

https://www.forbes.com/places/fl/?sh=1dfbf18258bc

https://www.enterpriseflorida.com/

https://www.zillow.com/fl/home-values/

https://www.homesnacks.com/cities/average-rent-in-florida/

Jaclyn Salhaney

I have lived in the Tampa Bay Area for over 10 years, fell in love with Pinellas County and currently reside in Dunedin, Fl. I have 2 dogs who are brother and sister. We love to go exploring downtown. I specialize in Pinellas, Hillsborough and Pasco counties. My first priority is always a happy client. In a business where referrals and repeat customers are a goal, I go above and beyond for my clients, always being flexible, listening to what they want in their sale or purchase, being patient, easily and readily available and always engage with my buyers and/or sellers. Communication is #1. I love what I do, so Real Estate isn’t just a career for me, it’s a passion! Creating memories is very important to me, I like to make the experience enjoyable and not feel like work for you, after all, that’s why you hired me!

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