Florida’s Economy

I like sharing how what’s happening in our country affects Florida’s economy. After all, I’m a realtor who is also a resident here.

Additionally, serving my clients with integrity means that when the complex process of buying a home comes to a successful close (pun intended!), I want them to feel confident about their investment.

Therefore, I pride myself in studying the “big” picture of what’s happening in our country, as well as knowing what’s going on in Florida and in Flagler County, specifically, since that’s where I live and sell homes.

My passion is to help you find the PERFECT home that meets your needs and desires!

With that, here’s some info I thought you might want to know…

One Trillion Dollars!

Did I get your attention? Just to clarify…that’s a “T” and not a “B!”

Florida’s economic performance in 2017 was, again, outstanding. As reported in TampaBay.com, Florida’s economy will reach $1 trillion this year and $1.074 in 2019.

No wonder we’re attracting so many new residents and home buyers!

From National to Local: What are the Effects?

Sales of luxury homes may slow because loan interest is no longer tax deductible. Therefore, if you’re in the market for a luxury home, prices aren’t likely to rise as much as the price growth in the overall house sales market. This may be a plus for those who are serious about purchasing a luxury home.

Furthermore, income tax cuts for all U.S. residents means people have more money to buy real estate and pay mortgages.

The state of Florida also has no state tax. Along with the reduced federal tax cuts, this continues to make Florida one of the top places to call home!

If you’re in the market to purchase a home in Florida, contact me! Also, read my blog article, “How to Choose a Good Realtor,” to help you begin your home buying process.

Dana Davis
Dana Davis Properties/DHR (Distinguished Homes Realty)
Phone: (386) 569-4998