Florida Real Estate

Sometimes called the Peninsula State, Florida consists of a large low-lying peninsula and a strip of land known as the panhandle. It is a region of low, rolling hills, vast swamps and marshes, numerous lakes, and extensive forests. Apart from these varied pattern of physical features are lush farmlands, urban areas as well as culture rich features that have transformed Florida into the real estate hotbed that it has become. It is one of the fastest-growing states in the United States today, ranking 4th among all the states. Since its statehood in 1845, Florida’s real estate market has grown consistently. In fact, from about 1950 to 1970, Florida’s population has increased to a high of 145% and has grown steadily over the years with continuous highs of 43.4% in 1980, and 32.7% between 1980 and 1990. The increase in population as well as in real estate values can be attributed to the large influx of people who come from elsewhere, particularly among the retirement-age demographic.

Although not as typographically diverse as some of the other states, Florida makes up for it with its lush foliage and almost year-round flower cultivation. As a matter of fact, the state gets its name from the Spanish explorer Juan Ponce de Leon, who called the region La Florida, which is roughly translated as Land of the Flowers.

Florida Real Estate Information

The state’s official nickname, “the Sunshine State”, shows the economic importance of its warm climate, which has been instrumental in the growth of its economy as evidenced by the high-real estate prices and high population growth. Florida prides its warm climate as its most valuable resource. Because most of the state has a humid and subtropical type of climate, it increases the state’s viability as a permanent residential dwelling by people who seek sunshine and warmth all year round.

The climate has provided for a very successful farming sector within the state, and farming has been important to Florida’s economy since the middle of the 18th century, when the Spanish introduced citrus fruit, sugarcane, and cattle into the state. In fact the sale of crops accounts for over 80% of the State’s farm income in the past years.

Another vital component to Florida’s steady economic growth is tourism. With its warm temperatures and countless beaches, the state earns over $54 billion a year from tourism alone.

Florida MLS

Florida Real Estate Agents

Real estate is a unique business, where an agent with one day's experience and no home sales gets paid the same as real estate agents with several years experience and hundreds of successful sales.

Florida Mortgage

Lending Tree, ONC Bank, Bank of Florida

Florida Resources

Florida Appraisals

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