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Florida Housing Market Trends & Projections 2024

As we progress further into 2024, the Florida housing market continues to evolve from developments of years past. From economic trends to demographic and housing inventory shifts and beyond, the market is influenced by many different factors. Florida is known as a year-round destination for investors and those looking to visit, live seasonally, or live full-time, which has not changed. However, the year 2024 promises changes to the housing market that are imperative to understand before buying a home in the state.

So, what can you expect from the Florida housing market in 2024? Let’s delve deeper into the trends and projections that will shape the state’s real estate landscape in the upcoming months.

2024 Florida Housing Market Trends to Watch for

Understanding the factors influencing the housing market, from interest rates to housing inventory, is key to making the right buying or selling decision for your home and family. The following are some of the top trends to look out for when it comes to the 2024 housing market.

  • Population Growth

Florida’s population has experienced steady growth for a number of years, which will continue throughout 2024. This growth is driven by inbound moves from other states, international immigration, and natural population growth from those already living in the state. Projections indicate that this growth will continue in 2024 and beyond as the state continues to attract those looking for better job opportunities, housing, and weather. This will drive demand for housing, particularly in cities and coastal towns.

  • Rising Home Prices

With continued increased demand for housing with a limited inventory, housing prices in Florida have risen in the last few years. Though experts expert this to continue, but indicate that prices won’t continue to rise as quickly as they have in recent years. Instead, they’ll keep a more sustainable pace and may moderate slightly throughout 2024.

  • Increase in Suburban Living

Back in 2020, the COVID-19 pandemic caused a surge in moves to more suburban areas as people left packed cities for more space and bang for their buck while working remotely. The effects of the pandemic continue into 2024, where permanent remote work and many’s greater appreciation for space and outdoor pursuits continue to drive homebuyers from cities and towards the suburbs. In Florida, suburban communities have continued to experience increased demand for single-family homes and properties with more land. As a result, suburban markets are expected to outperform urban ones in both price appreciation and home sales in 2024.

  • Affordability

It’s well known that many areas of Florida offer many opportunities for luxury living, but more and more potential homebuyers are looking for housing in the coming year that balances space and amenities with affordability. Developers and policymakers have responded to this demand by shifting focus toward affordable housing options throughout the state. These efforts to address the rising cost of housing come in the form of workforce housing initiatives and mixed-income developments, which puts the concept of homeownership in reach for more segments of the population.

  • Sustainability

Especially in Florida, which is particularly affected by the ever-present concerns associated with climate change, sustainability and resiliency have become huge considerations in the state’s housing market. Its vulnerabilities to hurricanes and rising sea levels have prompted the state to be proactive in establishing green building standards and flood mitigation strategies, among other ways of being more environmentally friendly and protective of housing. This is designed to give prospective homebuyers more security in their investments and the long-term costs of buying a home in Florida.

Looking to Make Your Florida Move in 2024?

The Florida housing market continues to experience steady growth and a shifting landscape of buyer priorities and preferences. That said, the state continues to offer some of the best opportunities for quality homeownership and investment in the country.

If buying a home in Florida is in your future this year, it’s important to work with the right Florida movers for your relocation. When it comes time for your move, look no further than AAA Flat Rate Moving & Storage as your go-to Sarasota movers. From residential to commercial moving to packing and storage, we can do it all! For your best moving experience after navigating the Florida housing market in 2024, AAA Flat Rate has you covered. Give us a call today or request a free quote to learn more about our services.

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Packing Tips from the Best Professional Movers

Packing: one word that can evoke dread in the hearts of many. Even the task of packing for a vacation is frequently pushed until the very last minute in an effort to avoid its challenges. For moves, this process can feel nearly impossible. However, this cloud does have a silver lining! Packing isn’t doomed to forever be terrible. In fact, it can become quite simple with the right knowledge. By employing the proper steps, you can pack like an expert in no time. Ready to pack for your move like a professional? Keep reading for our nine expert steps!

 

  • Create a Game Plan

Every good packing process needs a game plan. Working haphazardly simply won’t get the job done right. Create a plan of attack to understand the best way to go about packing your home. Which rooms should you take care of first? What will need to wait until the end? Which items need special protection to avoid damage? Asking yourself these questions can be a helpful way to guide your decisions and formulate a plan that allows for the best packing outcomes possible.

Ideally, you should start with the rooms that can be packed as much as possible. These are the rooms that contain the least essential items—so probably not your bathroom or kitchen. Understanding what areas of the house can be packed first and determining an order of operations will structure the process more, a helpful step to take.

 

  • Declutter First

You might not realize it at first, but a necessary part of packing is getting rid of things. Prior to even a single item being packed, it’s in your best interest to sort through your items and declutter. Why? Decluttering allows you to determine what’s no longer wanted or needed in your home, allowing you to eliminate items before you go through the trouble of packing (and unpacking!) them.

Sort through your items and decide what can be donated, sold, thrown away, and kept. Try to keep an objective outlook as you go through your belongings, as emotional attachments can often make this process difficult. If you need additional help, reach out to a trusted loved one to assist you through the task.

 

  • Get the Necessary Supplies

Before it’s time to pack, you will need an ample amount of supplies to sufficiently pack and protect your belongings. Having the right supplies is a crucial part of the process, so be sure to assess exactly what you require for your belongings. Here are some of the most common items most people need as they pack for a move:

  • Sturdy cardboard boxes
  • Resealable plastic bags
  • Packing tape
  • Permanent markers
  • Bubble wrap
  • Packing paper
  • Packing peanuts
  • Moving blankets

 

  • Work Room to Room

Moving experts agree — packing one room at a time is the way to go. This strategy is helpful for a few reasons. First, this methodical approach makes it a lot easier to handle the task in chunks, ultimately making the process a lot less stressful. But perhaps even more importantly, working room by room prevents any items from different rooms going in the same box.

Keeping these items separated is an effective way to stay organized and to improve the unpacking process. It will be much easier to find items in their boxes when you arrive at your new home if they are with items from the same room.

 

  • Pack Strategically

Strategy is the name of the game as you pack for a relocation. There are plenty of important elements to remember as you pack to optimize your results. First, be sure to pack your belongings snugly to prevent movement as much as possible while in transit.

Next, pay attention to the weight of the items you’re packing. Anything heavy should be towards the bottom of the box, while lighter items can sit on top. Additionally, don’t overload your boxes. If it starts to get too heavy when the box still has space left in it, fill the empty air with something lightweight and protective such as bubble wrap. This will minimize jostling without adding extra weight.

 

  • Organize and Label

Organize, organize, and organize some more! You can never be too organized as you pack for a relocation. Prioritize a high level of organization by being diligent and thorough when labeling your boxes. Each label should be written in large, bold letters on at least two sides of the box. It should list not only the room it corresponds to, but also details about the items inside. 

If you want to know every item in each box, an inventory is the perfect tool for you. Create an inventory by assigning a number to each box. Then, on a spreadsheet or document, you can list exactly what items are in what box number. This is the most comprehensive way to organize your packing.

 

  • Protect Your Items

Protection is a critical part of packing, especially for fragile items. As previously mentioned, take the proper measures to limit movement inside your boxes. In addition, you should use sufficient padding on all of your more sensitive belongings.

Wrap items in bubble wrap or other cushiony materials before placing in the boxes, as this will absorb any shock. Keeping your items protected will reduce the risk of damage in transit, ultimately minimizing any stress when it’s time to unpack.

 

  • Secure Important Documents

For important documents such as birth certificates, marriage licenses, social security cards, and other necessary papers, be sure to secure them when you pack. These items should either be kept in a safe, private spot that you will remember or kept directly with you as you travel. Keeping track of these documents is incredibly important, so be mindful of how you handle them.

 

  • Keep Essentials With You

On moving day, it’s best to keep an essentials kit with you throughout the entire process. Especially for long-distance moves, this will serve as your go-to, necessary items during the time it takes to arrive at your new home. In addition to items you will need in the interim, it should also contain any basic items you will need for the first day or so in your new location, preventing you from searching through boxes after a long day of moving.  

 

Pack Like The Pros!

Although packing isn’t a process you can just rush through, it also isn’t a process that you need to dread either. All it takes is the right knowledge for you to become a packing expert.

Looking for a team of movers to accompany your pro packing? Trust AAA Flat Rate Moving & Storage, the Florida Gulf Coast’s premier moving company! We have provided Sarasota and beyond with high quality services at competitive prices for over 40 years. Our team is here to help you through every step of your move so you can experience a smooth, straightforward relocation.

Request a free quote online today, and find out how AAA Flat Rate can transform your move!