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Projected Future Trends in the Florida Real Estate Market

By February 19, 2013No Comments

2013 is the beginning of the next major real estate growth period. Driving growth will be new employment and MIGRATION REGAINING MOMENTUM. Here are highlights from a January 5, 2013 article published in the Herald Tribune.

• In 2013, more people will be moving to Florida than 2008, 2009, and 2010 combined.

• In 2008 only 34,000 people moved to the state of Florida.

• Florida’s migration in 2013 is forecast at over 171,000.

• The new migration wave is a result of baby boomers and retirees.

• The increase in net migration is expected to reignite Florida’s “Growth Machine” and generate more employment opportunities.

read the full article here

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