While housing prices decreased slightly in 2024, overall the Florida Housing Market is just like the sun: hot, hot, hot. However, not all of his cities and suburbs are at the same level of “fire” – in fact, some are frosty and you will be smart to kick before packing your flip flops and planning your move.
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To get the full spoon, Gobankingrates talks to real estate agents to find out where not to buy when it comes to Florida’s suburbs. Here are the three toughest suburbs of Florida for buying property over the next five years, according to real estate agents.
Chelsea Werner, the global 4 residential markets that have fallen worth over the last 5 years advisor to a Sotheby’s, there were some wise words to share about some of the risks of Florida’s flooding. “I would avoid internal suburbs that have low height and are susceptible to floods like Miami Gardens and Miami Lakes,” she said.
These neighboring suburbs may be far from the beach, but their low-spaced areas can still be underwater when the rains hit-they hit the Florida during the rains season. When they do, there may be serious damage to the property and high insurance costs for the sky.
Werner added: “More and more people will want to buy land in Florida’s suburbs as you will get more bangs for your dollar. Also, many suburbs are not in such uncertain flood areas as some of the cities that are closer to the water, which helps with insurance. “But she quickly pointed out that not all suburbs were created equal when it was a risk of flooding.
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Although the idea of a quiet, spacious property may sound tempting, Werner does not think that you have to divert too far from the crossed path – Russian is an excellent example. “I would avoid suburbs that are too distant and rural so that you are unable to enjoy any of the benefits that live in a big city,” she said. “You lose personal benefits and the value of resale will never be so high.”
Yes, you may have acres of land, but if you are far from the closest grocery store or hospital, it will become old. Not to mention when it comes time to sell, you can find that not everyone has the desire of this lifestyle “the middle of nothingness”. The key is to find this sweet place between space and convenience.
Omer Rainer, a forged Florida 7 tax door, the rich to pay less and to build more wealth investor and president of FL Cash housing buyers, LLC, caught our attention to Largo, a suburb near Tampa. At first glance, Largo may look like a slice of paradise, but Rainer pointed out some storm clouds on the horizon – literally.