Port Orange Real Estate : Population increase in Florida !!

          Florida has long been known for Population Growth. This was not so the past few years. After the Real Estate Collapse, Florida was in a state of Contraction. As our economy has started to return to normal, so has our Population Growth. It may not be as dramatic as before, but growth is beneficial.

          Last Thursday , the Census Bureau reported that the Miami-Fort Lauderdale-Pompano Beach area was the 6th largest increase in the Country with almost 92K residents (1.7% increase) moving into the area. Tampa-St. Pete was second in the State with an increase of almost 37K residents.
          Retirees seem to be returning as well with an increase of 4.6% in the Population of The Villages.

What does this mean for us? It means Home Prices start to increase. Gradually!! Rental Prices start to go up. Gradually!! New Construction, Jobs, Wages, and anything tied to our local economy starts to go up. Gradually!! A Controlled growth will be much more beneficial because our whole economy will grow together rather than one sector.

Parts of this were refernced from Florida Cities Rebounding .

If you would like to keep track of what other houses in your neighborhood are doing, Searching by Subdivision might help. For assistance, please contact us .

 Source: News Service of Florida, Michael Peltier