Florida’s real estate market: Stats and trends for 2022

Homeinc will email you an offer soon!

iStock-1147016023

 

Several cities in Florida – including Spring Hill near Tampa, Lehigh Acres near Fort Myers, and Palm Bay in Brevard County – are listed as some of the best cities to invest in real estate in 2022, according to Policygenius. The website analyzed key real estate investment data points including home value index, home price growth, rent index, and gross rent multiplier.

The market was exceptionally good for investors in 2021, but is the Florida housing market still a smart investment for 2022?

Based on the most recent reports from Florida Realtors, the answer is a resounding “Yes!” with tight inventory keeping housing prices high in the state high.

It’s true that Florida has one of the hottest real estate markets in the country, and for good reason. The state is bordered by the Gulf of Mexico, the Atlantic Ocean, Alabama, and Georgia.

Florida is an international tourist destination with year-round sunshine (earning the state its nickname “The Sunshine State”) with world-class theme parks. The economy is dynamic and diverse, with dozens of global business headquarters and a government that is both pro-business and pro-development.

Credit: Written by Jeff Rohde