Thursday, November 08, 2007

People Are Still Moving To Florida

Recently I attended my high school's 40th reunion. Yes, I'm that old, and all things considered I'm lucky to be that old.

It was great seeing all my old classmates. We talked about all kinds of things, but one subject kept coming up again and again -- leaving Florida and retiring to, well, just about anyplace that was not in Florida.

Everybody had their own reason for wanting to leave Florida, but mostly it seemed to focus on the high cost of living in this state, and how difficult retiring will be in Florida due to those costs. I suspect a lot of this was just cocktail talk, but some of these people are probably quite serious about leaving and others have already purchased retirement homes outside Florida. North Carolina and the northern parts of Georgia seem to be the most popular destinations for my old classmates. Who knows, our 50th reunion may have to be in Atlanta or perhaps someplace in North Carolina, like Bat Cave. I've always wanted to go to Bat Cave. Neat name.

The University of Florida has just released data indicating that Florida is still a big draw and that the population continues to grow, albiet not as fast as in the past. According to the University of Florida, Florida grew by 331,000 people between 2006 and 2007. That's less than the 431,000 who moved here between '05 and '06, but it's still a lot of new faces, thus proving that Florida is still a big draw for jobs, retirement and immigrants seeking a new life in the USA.

The University said that the slowdown in growth in Florida can be traced to slumping housing sales up north. That makes sense if you think about it. Most people can't buy a new home here until they sell the old house up north, so Florida's growth is slowing a little.

For more informaton on real estate in the Tampa Bay area, visit my website at http://www.thestpeterealestatesite.com/.

-30-

2 Comments:

Blogger TedN said...

Interesting. What is the other 50% of the equation, i.e., how many people left. The three largest moving companies track this and I thought reported recently that more people were leaving than arriving....

6:36 AM  
Blogger TedN said...

Interesting. What is the other 50% of the equation, i.e., how many people left. The three largest moving companies track this and I thought reported recently that more people were leaving than arriving....

6:38 AM  

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