# Don't Move to Florida in 2024 Until You Watch This Video
# Don't Move to Florida in 2024 Until You Watch This Video Moving to Florida in 2024? Before you pack your bags and head to the Sunshine State, there are a few important things you need to know. Here are eight crucial factors to consider to ensure you have an accurate picture of what to expect. ## 1. Average Home Prices: Florida's Housing Market in 2024 Florida has long been a popular destination for those seeking affordable housing. However, the influx of out-of-state transplants has driven up housing prices, leaving many local Floridians struggling to find affordable homes. Despite an increase in inventory, with a 60% rise from a year ago, prices are still on the rise, albeit slowly. In May 2024, the median sales price for all property types across Florida was $426,581. Here's a breakdown of median prices in major areas: - Orlando: $450,000- Deltona-Ormond Beach-Daytona: $365,000- Ocala: $289,900- Miami-Fort Lauderdale-West Palm Beach: $640,000- Gainesville: $353,000- Pensacola: $335,000- Tampa-St. Pete-Clearwater: $424,000- Jacksonville: $405,000 ## 2. Homeowners Insurance Crisis Florida is currently facing a homeowners insurance crisis. Securing insurance isn't as simple as calling up a provider. For most homes, you need a 4-point inspection report (covering AC, wiring, plumbing, and roof) and a Wind Mitigation report (assessing roof durability against water intrusion and high winds). Coastal homes, those in flood zones, and older properties without updates face the highest insurance costs. New construction homes tend to have more reasonable insurance rates. This situation is evolving, with new insurance providers entering the market, potentially offering relief. ## 3. Builder Incentives for New Homes Builders in Florida are eager to sell newly constructed homes, especially completed ones. They offer attractive incentives like 4.5% interest rates, covering nearly all closing costs, and occasionally reducing prices. These incentives are strategic, allowing builders to entice buyers without affecting future appraisals. The best deals are often found on homes that need to be sold quickly, such as those where previous buyers couldn't secure financing. However, be cautious if you plan to sell your home within a few years, as competing with builders can be challenging. ## 4. High Car Insurance Costs Car insurance in Florida is among the highest in the country, averaging $3,945 annually for full coverage as of June 2024. Contributing factors include a high number of uninsured drivers, frequent litigation, extreme weather, and varied driver profiles. Bundling car insurance with homeowners insurance can sometimes offer discounts. ## 5. Property Taxes: What You Need to Know Understanding property taxes in Florida is crucial. The taxes paid by the current owner have no bearing on what you'll pay as a new owner. The Save Our Homes Act limits annual increases in assessed value for long-time homeowners, but this resets when the property changes hands. Use property tax calculators to estimate your taxes based on your purchase price. Keep in mind that the millage rate can change, though it's also limited in how much it can increase each year. ## 6. Condo Market Changes If you're considering moving into a condo, especially an oceanfront high-rise, be aware of significant changes due to new legislation. Many condo owners are trying to sell quickly, leading to potential firesale prices. Watch my in-depth video on the condo situation in Florida to understand the risks and what you need to investigate before buying. ## 7. No State Income Tax: A Financial Advantage One of Florida's major draws is its lack of state income tax. This can save you a substantial amount of money, especially if you're moving from a state with high income taxes. Florida also exempts retirement benefits from state taxes, including income from part-time work, social security, pensions, 401(k), and IRA distributions. Additionally, there is no inheritance tax in Florida, providing significant savings for residents and their heirs. By considering these factors, you can make a more informed decision about moving to Florida in 2024. Be sure to watch the video linked above for a deeper dive into these topics and more.
Read MoreDiscover Sanford, FL: Your Affordable Gateway to Central Florida Living
Are you considering a move to the Orlando area but don't have a million-dollar budget? Allow me to introduce you to Sanford, FL, particularly the thriving east side, which is experiencing remarkable growth. In this video, we'll delve into why Sanford could be the perfect location for your new home. **Watch the video version of this blog post [here].** Before we dive in, don't forget to subscribe to our channel and give this video a thumbs up – your support helps us reach a broader audience. I'm Krista Taurins, a local top realtor in Central Florida, guiding individuals and families in their move to this vibrant region since 2009. Sanford, located in Seminole County, boasts one of the top school districts in the state, a crucial consideration for parents. Even if you don't have school-aged kids, the quality of schools can positively impact your property values. With a variety of educational options, including magnet and charter schools, Sanford caters to diverse needs. Plus, proximity to the University of Central Florida makes it an excellent choice for families with college-aged children. Exciting developments are underway, including the arrival of a Publix, a significant relief for locals who no longer want to drive 25 minutes for their favorite pub sub. Embracing the local culture, such as enjoying a Publix sub, is a sign that you're truly becoming a part of Florida. Despite Sanford's explosive growth, some concerns have emerged, particularly related to drainage issues affecting existing homes. Florida's intense but brief rainstorms have led to challenges in managing stormwater. However, the new construction is thriving, with renowned builders like Toll Brothers, Landsea, DR Horton, Ryan Homes, Starlight, and Pulte contributing to the community's development. Looking ahead, Pulte's townhome community, Skylar Crest, and Toll Brothers' Skyway Landing are poised to bring more housing options to the area. Keep an eye out for updates on prices and availability. In the single-family home category, Starlight is unveiling a community off Celery Ave in March 2024, with specifics still under wraps. DR Horton has three ongoing communities – Eastgrove, Cove at Riverbend, and Concorde – each offering unique features and starting prices. Take advantage of attractive incentives, including up to $20,000 toward closing costs and competitive interest rates when using DR Horton's lender. For any inquiries or to learn more about these communities, feel free to reach out to me at krista.taurins@gmail.com. Sanford, FL, is not just a location; it's a community on the rise, offering affordable living with proximity to Orlando's attractions. Stay tuned for more updates as Sanford continues to flourish as Central Florida's hidden gem.
Read MoreEscape to Tranquility: A Stunning 4-Bedroom Estate in Longwood, FL
Welcome to 2112 Blue Iris Place, a hidden oasis nestled within the prestigious Markham Woods enclave in Longwood, Florida. This exquisite 4-bedroom estate offers the ultimate privacy on a sprawling 1-acre lot, surrounded by lush greenery and tranquility.As you approach the property, a grand circular driveway welcomes you and effortlessly accommodates all your guests. Step inside, and you'll find a meticulously maintained residence that has been thoughtfully updated to meet the needs of modern homeowners. With a new roof installed in December 2022, new electrical panels, and an approximately 5-year-old A/C and water heater, this home is move-in ready.The interior of the home is designed for both family comfort and sophisticated entertaining. The efficiently appointed kitchen boasts ample storage space, including a huge walk-in pantry. Adjacent to the kitchen, two distinct sitting areas invite relaxation, featuring a fireplace and a wet bar. The layout effortlessly flows towards the outdoors, where a leisure oasis awaits.Step onto the sprawling pavered screen enclosure, which houses a large, heated, saltwater pool complete with an enchanting rock water feature. Beyond the enclosure, an outdoor fire pit beckons you to enjoy upscale outdoor living. An expansive covered patio area provides the perfect setting for al fresco dining and relaxation, making it an ideal spot to entertain friends and family year-round.Inside the home, a thoughtfully designed split plan ensures privacy and tranquility. The master suite, situated on its own, features an adjoining room with sliding doors that offer versatility. Whether you choose to use it as a spacious additional closet, a home office, or a nursery, the possibilities are endless. Two of the secondary bedrooms are connected by a jack-and-jill bathroom, while the fourth bedroom offers a secluded haven with its own dedicated bathroom and poolside access.In addition to its stunning features, this home is zoned for excellent Seminole County schools, consistently ranking among the top in the state. Its prime location near I-4, malls, restaurants, and grocery stores ensures that everything you need is just a short drive away.Escape the hustle and bustle of city life and indulge in the tranquility offered by 2112 Blue Iris Place. With its elegant design, impeccable maintenance, and an abundance of amenities, this stunning 4-bedroom estate is the epitome of luxurious living in Longwood, Florida. Don't miss the opportunity to make this dream home yours and experience the ultimate in comfort, privacy, and sophistication.
Read MoreDel Webb Oasis: Active Adult Community Minutes to Disney
Del Webb Oasis: Your 55+ Active Retirement Community Near Disney Del Webb Oasis is your premier 55+ active retirement community nestled in the charming city of Winter Garden, Florida, conveniently located just 2 miles away from the enchanting world of Disney. If you're in search of the perfect place to call home during your golden years, look no further. Del Webb Oasis offers a wide range of new homes and the renowned Del Webb lifestyle, ensuring your retirement is everything you've dreamed of. If you can't wait to get a sneak peek of Del Webb Oasis, feel free to watch our video tour. In the video, we'll take you through two stunning model homes that could soon be yours. Exciting Amenities Await You The future of Del Webb Oasis holds a 12,000 square foot amenity center, soon to be completed and ready to enhance your retirement experience. This amenity center will feature a resort-style pool with inviting cabanas and cozy fire pits, a state-of-the-art fitness center, and a spacious event lawn for gatherings and leisure. These amenities will provide you with a range of activities to enjoy right at your doorstep. In the meantime, residents are welcome to utilize the facilities at a nearby property. HOA Fees and Benefits At Del Webb Oasis, your HOA fees serve a vital role in maintaining and enhancing your community. These fees cover the upkeep and repair of all common areas, amenities, lot landscape maintenance, and villa maintenance. What's more, your HOA fee includes a bulk internet package offering a blazing fast 1 gigabit internet service and access to a selection of streaming national, local, and music channels. Please note that the bulk internet package may be subject to a 4% annual increase, ensuring you stay connected with the latest technology. Age-Restricted Community Del Webb Oasis operates in full compliance with all applicable state and federal laws. This age-restricted community is designed to provide housing for individuals aged 55 years or older, with each residential home being occupied by at least one person meeting this age requirement. As a unique feature, your grandkids can stay with you for the summer, unlike most 55+ communities which limit such stays to 30 days. Here, you have the flexibility you desire. In Conclusion Del Webb Oasis is the ultimate choice for those seeking an active retirement community in close proximity to the magical world of Disney. With an upcoming amenity center and a variety of new homes to choose from, this community seamlessly combines comfort and luxury for its residents. The reasonable HOA fees cover all common area maintenance and internet services, making it an even more attractive option. If you're looking to retire in style, Del Webb Oasis deserves your serious consideration.
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