Homebuyers the past several years have flocked to Florida. According to Redfin, here are the top 5 destinations for homebuyers.
- Las Vegas
- Phoenix
- Tampa
- Orlando
- Sacramento
The majority of people moving to Orlando are coming from New York City. Homebuyers are still taking advantage of remote work opportunities to move to more affordable areas with better housing options. According to a recent Redfin survey, only 4% of homebuyers who moved to a new metro area in the last year did so because they were concerned about the impact of climate change. The most common reasons for moving were a lower overall cost of living (20%), a better deal on a home (15%), and not being able to afford a home or the cost of living in their previous area (13%).
New construction has fantastic incentives right now. Some builders are offering as low as 5.5% interest rates and money back at closing. The development happening in Orlando is occurring at a rapid pace. Look at all these options: Zillow New Construction Orlando
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Thanks for reading,
Chris