As a Florida real estate lawyer and business owner for nearly 20 years, I have seen and experienced an unusual amount of economic turbulence over the last twenty five years – we all have. We have seen “Black Monday” in October of 1988, the recession of the early nineties, the dot.com boom and bust period from around 1995 – 2000, the short recession and September 11th attacks in 2001, the period of the real estate bubble and crash from around 2000 – 2005, the period of the recent financial crisis and long recession lasting from around 2007 – 2010.
Well, things seem to be looking up again and a sense of positivity is filling the air. Breathe it in; it is good for you. Here are some recent trends and interesting data pertaining to the Florida economy and wonderful lifestyle that I would like to share with you:
1. Prices have stabilized and even begun to increase in many areas and inventory is falling substantially.
2. Builders are actually building new homes and offering them for sale at attractive prices so people once again have the option of buying a new home in a nice new subdivision development.
3. Interest rates have gotten even lower over the past few months and are at historical lows. This means you can get more house for your money!
4. Florida was ranked in the top 10 best States in which to seek shelter from taxes – http://today.msnbc.msn.com/id/47281457/ns/today-money/t/states-take-shelter-storm-taxes/
5. Florida ranks as having the 5th best tax climate for businesses – http://taxfoundation.org/sites/taxfoundation.org/files/docs/2012_tax_foundation_index_bp62.pdf
6. And I am sure this comes as no surprise but Florida cities always pepper the top places to retire list year after year – http://www.topretirements.com/blog/great-towns/our-2011-best-places-to-retire-list-the-sunbelt-rules.html/
Now if these things aren’t reason to feel good about buying property in Florida, I don’t know what is. At Gold Key Title, LC, we have had the pleasure of providing real estate closing services from the contract to the closing for many years. As a Florida native and attorney owner, operator, it is my pleasure to give you the benefit of my knowledge, education and experience when assisting you with all of the service that are needed to safely sell, purchase and finance Florida real estate. We offer the full line of real estate settlement services including negotiating and preparing a contract for sale and purchase, providing escrow and settlement services, preparing and coordinating the execution of all documents appropriate to accomplish the closing, collecting and disbursing all monies, performing a title search, examining all instruments of title, issuing title insurance and much more.
Please call us today at 941-795-5775 to find out how we can help you. We look forward to talking with you.
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