5 Reasons why Florida Real Estate is growing strong:

1. Florida has sustained long term economic and demographic growth. We are in the top 10 fastest growing states in the nation, and have maintained that designation for 70 years, often in the top 5. Population growth feeds economic growth, such as new jobs and growing incomes. More people, more money, more economic influx, all mean more Real Estate bought and sold.
2. Five of the top fifteen cities in the nation for sustaining economic growth are in Florida according to Milken Institute’s “Best Performing Cities” survey. Ocala tops out at number one, but is strongly followed by 13 other Florida cities in the top 50.
3. Florida has maintained one of the lowest unemployment rates in the U.S. for a long time. It has been hovering around 4% for a while now, which is well below the national average, and the lowest in all of the top ten most populous states. Between August 2006 and August 2007 120,000 jobs were created. More jobs, more income, more people able to buy and sell Real Estate. 7 of the nations hottest 15 job markets are in Florida.
4. Owning a home leads to increased personal well-being. Research has shown, time and again, that people who own their own homes tend to show higher levels of personal esteem and life satisfaction. They are generally more productive members of society- active in their communities and committed to the overall well being of the area.
5. And let us not forget why everyone wants to move to Florida in the first place- beautiful weather, beautiful beaches and a friendly business climate, with no state income tax.