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This market stability is the incentive that many prospective homebuyers may have been looking for heading into 2025.
With all of these new people moving to the state, they will need a place to live.
Reichek added that you always want to see a growing population if youre going to invest in real estate.
More Inventory
According to Morgado, new home construction will continue to ramp up and give buyers more options.
An increase in inventory means more opportunities for prospective buyers looking to purchase their first property.
You could also venture to secure a pre-construction deal on a property in the state.
Competitive Interest Rates
While mortgage rates are still high, experts predict they should stabilize in 2025.
Morgado pointed out that lower rates should make housing more affordable and thus more appealing to buyers.
This diversity allows opportunities for every investor to tailor their investment to their objectives.
The options range from a rental income in cities like Miami to capital appreciation in developing areas like Tallahassee.
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