Despite the threat of Hurricanes, Florida Relocation is Hot
Released on = May 21, 2007, 12:54 pm
Press Release Author = Karen Carter
Industry = Real Estate
Press Release Summary = The threat of Hurricanes haven't stopped people from moving to Florida
Press Release Body = Key West Florida May 22nd, 2007 - The threat of Hurricanes haven't stopped people from moving to Florida.
According to Stephen Rayer, (A demographer with UF's Bureau of Economic and Business Research) the state's population, estimated at about 18 million people in April 2005, is forecast to reach about 20 million in 2010.
Key West, REALTOR, Karen Carter remarked, "There are 5 major reasons for the increased migration here, including:\"
1. Florida is a unique state that a majority of people grew up dreaming about. As the population ages, they're grabbing a piece of that dream
2. People are starting to take hurricanes as a fact of life. Much as Californian's take earthquakes and fire as a fact of life, and Midwesterners live with the threat of blizzards and tornadoes.
3. The Baby boomer influx. With large incomes and equity growth, they're buying 2nd home as investments here and making lifestyle changes.
4. In 2005, (per Florida's Economic conference) Florida led the nation in the highest number of new jobs created at 252,600 plus we were the leading state in job creation (3.4%)
5. The high heating costs in the North. When the snow flies, people definitely watch the weather channel and dreams of beaches and palm trees come to mind.
Karen Carter also remarked, "Due to potential hurricanes our Real Estate transactions have changed however. We're seeing more concern about home location as it relates to flood zones, insurance costs, code restrictions and proximity to water. There is also new emphasis by buyers as to home age and construction. Items such as metal roofs vs shingle, concrete block versus frame, hurricane shutters and which type. In short-more attention to detail through inspections and disclosures.. In conclusion, the Florida dream is definitely alive and well. And the forecast for 2007 is strong both in Job growth and overall population increase Karen Carte has an in-depth Key West website at www.bestkwagent.com
Web Site = http://www.bestkwagent.com
Contact Details = Karen Carter REALTORŪ Key West Coldwell Banker Schmitt 305-292-7444 Cell: 305-797- 4553