April 15, 2024

Thrive Insider

Exclusive stories of successful entrepreneurs

Making the Sunshine State Your Forever Home

In the past decade, the population of Florida has skyrocketed, increasing by over 3 million and leading to growth in every corner of the state. From the largest cities to the smallest towns, new residents are flocking to the area, seemingly as a result of many new changes that have developed in recent years.

The Florida boom is being fueled by changes in work culture, housing, and overall quality of life for residents. First, the flexibility of remote work and the availability of employment is at an all-time high. The temperate climate in Florida allows for picture perfect temperatures year-round, making the state an ideal destination for many different people. Finally, the housing situation is perhaps the most significant aspect of Florida that is causing so many to move to Florida

In 2023, new building applications for housing reached nearly 135,000, surpassing applications for both California and New York combined. Average home prices are lower than competing states, and first-time homeowners access to housing has never been more available.

With all of these benefits, it is important for hopeful new residents to carefully consider their wants and needs as they search for the perfect forever home. Luckily, there are several services available now in Florida to guide movers in the right direction. From mortgage help to loan guidance, one is never alone in this often stressful and confusing process. Now, the home-buying process can be streamlined to ensure that the Sunshine State continues to thrive for years to come.

Why Are So Many People Moving to Florida?