Housing markets are notoriously affected by population growth and decline. Florida, in particular, has a high inflow and outflow of people due to its reputation as a retirement friendly state, tourism hotspot, and a fantastic vacation scene. This means that the Florida housing market is always in transition with multi-variable cycles that can alternatively be beneficial to buyers or sellers at any given time. Here are several unique aspects of the Florida housing market.
What’s Unique About the Florida Housing Market: The Build-to-Rent Market
The build to rent housing market has been especially strong in Florida in recent years with many investors wanting to jump in to capitalize on the opportunity. While renting has traditionally been a small single home business, the Florida housing market is heading into it large scale. Large size, luxurious residential community developments are already underway. A build-to-rent landlord is responsible for the entire community – from maintenance issues to customer service to organizing community events. This means that a rental resident can share in on the social scene such as fitness centers, community pool, or game room. This consumer-focused orientation fits in well with the luxury tourist scene at Florida.
What’s Unique About the Florida Housing Market: Summer Rain
The Florida environment can provide a humid and subtropical experience to visitors and people relocating. With lots of moisture in the air and a rainy season that can last for up to five months, building developers are looking at many months that houses need to stand in the rain. This is why housing and roofing materials are extremely important in Florida housing projects. While sleet and hail are quite uncommon this far south, neither are completely unprecedented, and both can damage less-resilient roofing materials. Just like homes in the far northern states or in the hot desert states, Florida homes also need to be built to prepare for its share of cyclic weather trends.
What’s Unique About the Florida Housing Market: Luxury Housing Market
The luxury housing market represents a significant proportion of the overall value of the housing market in Florida. With many properties on the beach coastline or in higher middle-class neighborhoods valued at over $1 million, the luxury housing market tends to be buyer-focused in its market cycle. Investors interested in Florida’s luxury housing market should consider attending courses to boost their ability to sell in Florida’s unique luxury housing market.
Florida is a state that has been getting a lot of press attention as a great relocation spot for career opportunities, and its real estate market has similarly jumped because of the growth of population. If you are interested in real estate investment in Florida, a familiarity of its many unique trends would greatly benefit you.
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The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more.
Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects.
To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career.
The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet.
We meet twice a month.
One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences.
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