United States › Buying, Moving, Owning & Living Overseas › Is buying property in Florida a good investment?
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- 12/07/2022 at 5:54 PM #121199Idrees
A cousin many years ago invested in a property in Florida, quite close to the theme parks. Not sure why, but he had mixed feelings about whether was a good investment for him.
I’ve seen loads of adverts about good returns on Florida properties. Is buying property in Florida really a good investment?
Ide
21/09/2022 at 5:57 PM #122233Bryson77Hi Idrees,
Buying a house in Florida, I would say is a great investment, but maybe in 2023.
Florida has a stable economy, a strong housing market, good universities and world renowned family attractions. While house prices are expected to rise by 5% in 2022, home owners could come under pressure from rising inflation and interest rates in 2023 and prices potentially stalling in 2023…creating a buyers market!
Best of luck!
Bryson
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