Over the past two years, homebuyers have been leaving busy cities that are cramped and where the standard of living, including taxes, is very high. With more flexible work and education arrangements due to the pandemic, people are not geographically bound to their offices and schools.
Looking forward, Florida remains among the top choices in the real estate market. The bottom line is balance and freedom. Buyers are looking for homes with the flexibility to reclaim the boundaries between work and life.
While larger homes were in demand, 2021 saw a shift in demand towards the low-maintenance lifestyle that condominiums offer.
– Cyndee Woolley, APR, C2 Communications