Are you looking for a place to buy a home? The real estate market in Florida is booming and growing. Homeownership can be a great thing, but it’s not for everyone. There are many reasons why people choose to rent rather than buy, like affordability and location. But no matter what your situation may be, there is always a home in Florida that you can purchase.
Florida is a popular vacation destination, and it’s no wonder. With all of its sunshine, beaches and beautiful weather, Florida has become one of the top places to live in the United States. But if you’re looking to purchase your first home in Florida, there are many factors to consider.
Read on: How To Turn Your Florida Home Into a Vacation Rental
Florida is also one of the most affordable places in the United States to purchase a home. According to Trulia, the state has an average home value of $179,800. This means that homeownership is within reach for nearly every American family who wants to live in Florida.
When it comes to getting a home in Florida, you have a lot of options. This can be a bit overwhelming. With so many options available, it can be challenging to decide where to buy your next house or condo in Florida.
So, let’s look at the top five places to buy a home in Florida:
Florida is famous for its high-efficiency schools, and Melbourne is the most famous city; it is surveyed by World Report and the U.S. news that the students of Melbourne’s High School were ranked 2nd for college readiness. In addition, as Zillow, the home value of a house in Melbourne in 2019 was $192,000, and it is expected that it will incline by 1.5 per cent or more in the upcoming years.
Pensacola in Florida is one of the great cities, and if you are looking to buy a house in Pensacola, you are on the right path. It is a great place to buy a home as it offers the best combination of value and quality. Furthermore, you can buy your dream house in Pensacola at affordable rates. Additionally, the city has so many amenities, and the weather is fantastic.
Lakeland’s housing market has recently gotten hotter, expanding in 2018 by 5.6%. The median home worth as of 2019 is $162,900, as well as it’s anticipated to rise by an additional 2.1% in the upcoming year. Lakeland is a lovely suburban community with many parks and top-notch public schools.
Retired people love Sarasota. The median resident age in this area is approximately 51 years old, which reveals the relatively high cost of housing when compared to the other states. Individuals living here are more established in their occupations and have more stable financial situations. Sarasota has a typical house value of $261,900, which is roughly $25,000 higher than the other state average.
Tampa, a great city, located in West Florida, is famous for its baseball, Busch Gardens, and museums. Due to its vibrant nightlife, plenty of clubs, restaurants, as well as cafes, it’s a marvelous city for young professionals. In 2019, the median home value was $218,900, and it is projected to drop by 0.6%. Moreover, if you are attracted to Tampa but don’t want to reside in the epicenter of it all, then St. Petersburg is a great option. It is a smaller but pretty city located in the west area of Tampa.
The Bottom Line
Florida has a lot to offer buyers in terms of desirable housing opportunities. Whether you want to live near the beach or near the mountains, you will likely be able to find what you are looking for in this unique region of the U.S. Before you start looking for a home, however, make sure to do plenty of research on different areas and housing options so that you’re prepared to negotiate when buying your new home.
You’ll need to consider various things, like employment options, proximity to family or a vacation spot, and other variables that are important to you. And remember: there is no such thing as a wrong purchase as long as it’s a decision that you made yourself! Moreover, doing some research on Florida real estate can help you figure out what’s the best place for you.
Bio: Zach Perry is the Marketing Manager at Levin Rinke Realty- leading independent real estate company loved by more than $3 billion people. He brings unparalleled expertise in digital marketing & content writing through his years of experience in the real estate field; especially when in the area of brand building, targeting a large audience and building strong connections with them.