High home-buying prices and the ever-so-draining bank account cost of living, may be driving people out of the most expensive cities to live in. When the wealthy have trouble affording a home living in their state, where do the rest of us go? The answer may surprise you!
According to LendingTree Analysts, after reviewing more than 1 million mortgage requests submitted in the past year, potential home buyers have their eyes set on the South! Why the South?
The South offers a lower cost of living, lower loan amounts, and lower mortgage payments. Plenty of new jobs are continuously added as more companies are opening, adding branches, and relocating to the South due to its lower taxes and labor costs. Besides, warmer weather is particularly appealing as Winter weather approaches.
We know the South is the sweet spot when it comes to living. But of all Southern states, which is most desirable? Well, the Sunshine State of course! Many out-of-state buyers come to Florida not only because it’s sunny and warm, but because the state is very friendly to retirees. Florida offers no state income tax, great hospitals, beautiful white sand beaches, amazing woodland spaces and plenty of golf courses that appeal to what most people are looking for.
Most of the people who hail from the freezing snowy weather of the Midwest and Northeast and head South are welcomed with open arms! Florida has a lot to offer anyone who chooses to make it their home.
Florida claims to have the “Most Southern Point” in the continental US and with just under 21 million people residing in the state in 2017 it is one of the most popular in the nation. Having the option to live on the beautiful blue waters of the Gulf of Mexico or among the beauty of our interior woodlands, what else could you want? Chris Stapleton Realty has been serving the area for over 12 years with quality service and satisfaction for all, whether you are looking for a residential or commercial property in Navarre, FL and the surrounding areas. With plenty of water-front properties and woodland acreage to choose from, let us assist you in finding your perfect Florida home. Call us today at (850) 939-1099 to get started.
