Shifts in buyer behavior reshaping Florida real estate market

Whether you’re buying, selling, investing, or waiting – eyes are glued on the real estate market. In Florida, people are keeping an even closer watch on out-of-state buyers as they continue to flock down to the Sunshine State. We know that the pandemic and its impact on both home and work life fueled people to reconsider where and what they want to call home – coupled with low mortgage rates and no state income tax, Florida’s real estate market has rocketed. [Source: Sarasota Herald-Tribune]

Rising home insurance costs causing some Florida residents to move

Skyrocketing insurance rates and cancellations have frustrated Florida residents this year as the industry tries to deal with recent hurricane losses and rising litigation costs. “It’s not uncommon for people to move or consider moving because of insurance and taxes,” said Deidre Newton of The…

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