Real estate

What are the characteristics of the Florida real estate market?

Since 1991, the state has developed a special building code – all buildings are very reliable, strong and stable and are built from concrete block, monolith with bulletproof glass due to the risk of hurricanes in the season from August to September.

Thus, all objects built in Florida since 1991 meet the highest safety requirements and are very valuable on the market. If you buy a property built before 1991, you need to pay attention to its engineering, as it may not comply with the new code.

An important feature is also the climate. Here, the humidity is very high in the summer, so much attention is paid to engineering solutions in the construction of buildings that ensure the maintenance of a comfortable microclimate in the premises, minimizing energy costs.

Another feature is that all professions in the state are licensed. There is a portal where you can check the license of your construction company, agent, and so on. Also, Florida has formed a huge purchasing power. Due to the large population growth, the issuance of loans for the purchase of real estate under favorable conditions works well.

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