The Florida Association of REALTORS is currently running a campaign focusing on the market positives of living in and moving to Florida. It's A Great Time to Buy in Florida and here's the reasons why:
1. Florida is expected to increase in population by 75% by 2030. It is one of the 10 fastest growing states in the US.
2. People keep moving to Florida, 900 a day.
3. Thirteen of Florida's cities are on the Milken Institute's 2007 50 "Best Performing Cities" survey.
4. Florida unemployment rate is low, at around 4%.
5. There are plenty of jobs available in Florida.
6. Florida has great weather.
7. Grant Thrail, a professer of Economic Geography believes that the 2004-05 hurricanes were a fluke.
8. Gov. Charlie Christ continues to stay committed to finding solutions for higher insurance costs.
9. Interest rates are still low.
10. Homeownership provides value to a community, as well as to an individual.
11. Home equity is still the #1 single source of household wealth.
12. Studies indicate that people who own their homes show higher levels of personal satisfaction.
13. Studies indicate that children raised in owned homes are move likely to graduate high school.
14. People who own homes become involved in the well being of their community.
15. Homeowners join up to 41% more civic organizations than renters.
16. REALTORS know that buying a home is an investment in a family's future.
17. In Florida the statewide median home price range has increased by 52.5% from Nov 2002 to Nov 2007.
18. Florida has one the nation's strongest tourism industries.
19. Dr. Lawrence Yun, chief economist with NAR believes that 2008 will bring a stronger housing market and we will be booming again by 2010.
20. People are attracted to Florida because of the great weather, beautiful beaches, friendliness and no state income tax.
To read the full article visit the Florida Association of REALTORS website.
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