- Florida’s real estate market is considered very healthy especially for single family homes. Single-family home sales in the Florida housing market had a YoY increase of 4.6 percent.
- Florida is the third fastest-growing state in the country, with its population increasing 1.63 percent this year and an overall 11 percent increase since 2010.
- The Florida housing market predictions of 2020 are that the highest population growth will happen in Sweetwater, Groveland, Palm Springs, and Parkland.
- With housing and tourism being the driving industries of the Florida economy, it’s predicted to reach over $1 trillion in 2020.
- According to Zillow.com, the median home value in Florida is $238,600
- Florida home values have gone up 4.1% over the past year
- Zillow predicts they will rise 3.6% within the next year.
- The median rent price in Florida is $1,800.
- Florida has 1.4% rate of delinquencies on mortgage (1.1% US Avg
