Florida’s Migration Boom: Is the Sunshine Fading?

Florida’s Migration Boom: Is the Sunshine Fading?
We dive deep into the latest Florida real estate market trends as home inventory spikes across the state. With recent hurricane impacts, soaring insurance costs, and even a slight dip in interest rates, Florida's housing market is seeing some major shifts. From the aftermath of hurricanes like Helene and Milton to high insurance premiums—up 400% in some areas—buyers are gaining leverage, and sellers are re-evaluating. We’ll break down what this means for those thinking of buying or selling in South Florida and how best to navigate the current market conditions. Don’t miss this essential update on all things Florida real estate!

🗒️ Articles used:

⏰ Video Chapters with Timestamps:
00:00 - Intro - Good News and Bad News
02:12 - The Great Florida Migration Coming Undone?
03:48 - Soaring Insurance Costs and Hurricane Damage
04:58 - Why Now Might Be the Best Time to Buy
06:10 - Buyers Gaining More Leverage
07:02 - What's Holding Buyer's Back?
08:00 - What Sellers Should Know
09:04 - Single-Family Homes Near Balance, Condos in Buyers Market
11:08 - Buyers Can Negotiate, Sellers Must Price Realistically

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Looking to move to South Florida? Jonathan Alexander and the team at LIV South Florida are here to assist with all your real estate needs. Feel free to reach out via text, call, or Instagram DM @mr_jalexander. Whether you’re buying or selling, let’s talk strategy!

Discover the J Alexander Group website and LIV South Florida YouTube channel, offering expert real estate insights on homes for sale in Boynton Beach, Fort Lauderdale, Parkland, Coral Springs, Wellington, Coconut Creek, Boca Raton, Delray Beach, Pompano Beach, and West Palm—explore the best places to live and stay updated on the latest real estate market trends in South Florida.

#floridarealestate #livinginflorida #floridahousingcrisis

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#movingtoflorida

[robf]

Best analogy I can think of for the past 30 years in FL, is someone stepped in a huge pile of dog crap and tracked it everywhere. The quality of the transplant residents is bottom of the barrel.

[jameswaters]

The thunder storms are most every day from May 1st to November 1st. Florida is always in the top 3 of thunderstorms. Yes, they last about 2 hours, usually from 3-8 pm in that timeframe. They begin to form around noon and you know if it's going to be a big one or the usual around then. You have to be ready to go inside. There are days where there is just large cumulo-nimbus build-up but the rain doesn't come and sometimes, there is no rain at all with cloudy sunshine ... about 1/3rd of the time between May and November. These storms can be depressing and scary and dangerous. Grew up there, and then left to Arizona, where there are virtually no thunderstorms. The air conditioning is another huge expense living in Florida.

[marshallj]

Live and work in Florida. Been here 30 years. Until the State properly deals with the insurance companies, I would firmly expect home sales to plummet for the next few years. If you need a mortgage? Good luck!

Furthermore, with the recent political changes, especially concerning immigration and it's lack of enforcement in Florida, I expect Trump policies to dramatically affect the construction industry in Florida. Round them up is the call!

I don't expect much to happen in Florida, especially for the old and unemployable, but heat and misery.

I remember the roads cleared up big time for a few years after the housing crash. Everybody took off and I had a hard time finding employees.

Thats what's on the way. Florida is an extremely unique and influenceable market. Climate change is NOT on Florida's side or any investor thereof.

[quartytypo]

How to move to Florida: Sell your pad in the North. Take the cash and buy a single-family house in Florida. Stay away from HOA properties, Skip homeowner insurance and then harden the place against hurricanes and flooding.

[flybirds]

I am not one to move out of the state, bought a new home in The Villages, the entire area has a top notch flood plan using ponds and golf courses which all sit lower than the houses. The insurance is not that expensive here because of the inland decrease of hurricane damage which is usually just a few shingles.

[richierich]

Excellent update, analysis and information on the latest in Real Estate trends in South Florida. Keep it up Jonathan, love your work and exemplary leadership to say the absolute least 🥇🏆

[careyfreeman]

Please! Please! Please! . . . Leave! Leave! Leave!!!

[chadwilken]

GoodBye people please leave, we didn’t want you to begin with.

[gfg]

Floridaa hot expensive
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