Florida’s migration has slowed from its pandemic peak as affordability reshapes who moves in and out, especially younger workers, families and retirees.
Migration to Florida has slowed from its peak but is still greater than pre-2020 levels. Higher costs are changing who can afford to move here and what they're looking for.
Higher-priced, flexible homes are drawing more attention as families combine households. The shift is opening new opportunities for agents to match evolving buyer needs.
Florida lawmakers return to Tallahassee to finish the state budget, with decisions ahead on taxes, spending and programs tied to housing, growth and the environment.
While most homeowners with low mortgage rates say they plan to stay put, surveys suggest lifestyle shifts and affordability concerns may eventually drive more listings.
The generation coming up make look different on paper than their predecessors.
Florida also ranked first 10th for future economic outlook. The rankings were fueled by strong domestic migration, job growth and gains in economic output, while the state’s tax and regulatory environment also helped boost its standing.
As more Gen Z workers choose trades and apprenticeships over four-year degrees, Florida’s entry-level housing market could see a new wave of buyers with less student debt, earlier earning power and different homebuying priorities.
Buyers turned to new builds in March as existing-home inventory stayed limited and mortgage rates eased slightly.
Rates on 30-year mortgages increased to 6.37% from 6.3% last week, returning to levels seen a month ago. Rates on 15-year mortgages rose to 5.72%.
