My Florida Property Store Says Florida Real Estate Market Likely to Grow Due to Increase in Job Creation

The Florida real estate experts at My Florida Property Store (MFPS) estimate the Florida housing market will experience substantial growth in 2014 due to spike in jobs.

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Orlando, FL (PRWEB) January 17, 2014

Leading central Florida real estate group specializing in sales to foreign nationals, My Florida Property Store (MFPS), estimates growth in Florida job market could benefit Florida’s real estate buyers and sellers.

The prediction was spurred by a recent study by PEW Charitable Trusts, an independent, non-partisan research and public policy organization. PEW projected expected employment growth for each U.S. state, and overall, Florida ranked fifth in expected job growth in 2014 with an estimated 2.34 percent growth rate. Since jobs and home sales go hand in hand, the growth has the potential to catapult the real estate market throughout the state of Florida.

To compare states with different populations, the study compared the anticipated percentage of job growth. In Florida, Pew estimates that the state will see 176,423 new jobs for a 2.34 percent increase.

The top state for jobs? North Dakota with an expected growth rate of 3.56 percent, though that translates into only 15,902 jobs due to the state’s smaller population. At the bottom of the list, Washington, D.C., is expected to grow jobs by only 0.75 percent in 2014.

Through hundreds of home purchases, My Florida Property Store has seen the above factors influence buyers heavily. For those looking into the possibility of owning a property in the World's Number One Vacation Destination and wanting to work with a professional, ethical and trusted company My Florida Property Store is the ideal brokerage. To learn more about the many services My Florida Property Store provides please contact us at +1 (407) 923-2134 or visit MyFloridaPropertyStore.com.

About My Florida Property Store:
My Florida Property Store (MFPS) specializes in the representation of foreign national and out-of-state clients in the buying and selling of investment properties, for short-term or long-term rental. MFPS boasts an extensive database of Villa Style Homes, Condos and Town Homes in Central Florida with a focus in Celebration, Davenport, Dr. Phillips, Kissimmee, Reunion, Windermere, the Metro Disney area and Lake Nona – “Medical City” corridor. The MFPS team is fully familiar with local customs in multiple countries around the world which is essential in order to communicate detailed local purchase information in an easily understood, simplified and explainable fashion. My Florida Property Store is a member of the Osceola County Association of REALTORS® and the National Association of REALTORS®.


Contact

  • Garry Walmsley
    My Florida Property Store
    +1 (407) 566-2029
    Email