Since the pandemic, Florida’s housing market has seen a major boom in both increasing supply and skyrocketing demand. Many new aspects of life such as remote work and post-pandemic job openings can be part of the reason. The temperate climate and no state income tax is certainly a selling point as well. However, Florida’s growth might be a competitive advantage it has over other major states.
Cheaper cost of living, lower house prices, and more houses being built make Florida a better place to live than other major states like New York and California. Florida has also seen commercial success. Many of the new buildings built serve to enable Florida to see the highest percentage of small businesses in the nation. However, before you decide to pack up and move to Florida, it’s important to be very smart about your move.
Things such as fluctuating interest rates and a variety of mortgage loan types can lead prospective homeowners to take a misstep when purchasing a home. Fortunately, mortgage companies such as Next Wage mortgage make it easy. They allow you to get educated on loan types, while also connecting you to qualifying credits and rebates. If you decide to make the move to the Sunshine State, make sure to make it smart with mortgage companies like Next Wave. Learn more about how moving to Florida can be the right move for you below: