Migration to Florida

The numbers are in and the number of people moving to Florida from other states is actually down 13%!

However, people moving to Florida from other counties is up by 64%!

It’s all about interest rates, according to Jeff Lichtenstein of Echo Fine Properties. And it’s still a great time to move to Florida thanks to inflation dropping. Florida will always be an attractive place thanks to the lifestyle and the weather. However the people that are coming here from overseas will definitely have an impact on the real estate industry, especially considering the new laws about home ownership by foreign investors that have recently come into effect.