From skyrocketing construction costs to South Florida’s new buyer’s market status and even the rise of build-to-rent communities, here’s what you need to know if you’re buying, selling, or investing in the Sunshine State.
Florida Builders Hammered by Rising Construction Costs
A new report from Florida TaxWatch highlights just how expensive it’s become to build in the Sunshine State. The construction sector, which contributed a massive $97 billion to Florida’s GDP in 2024, is now facing surging material prices and volatile supply chains.
For buyers, this means new builds are getting pricier, and timelines may stretch longer than expected. For investors, the rising costs could slow down development and tighten future supply — a factor that could support home values long-term.
South Florida: America’s Top Buyer’s Market
In a dramatic shift, South Florida now ranks as the No. 1 buyer’s market in the U.S., according to Realtor.com. With nearly 10 months of housing inventory, Miami and surrounding metros like Orlando, Tampa, and Jacksonville are seeing sellers slash prices and homes linger on the market.
For buyers, this is the moment you’ve been waiting for: more options, better negotiating power, and the potential for discounts in a region once known for fierce bidding wars.
Build-to-Rent Communities on the Rise
As affordability continues to squeeze Florida families, the build-to-rent trend is taking off. Developers are constructing entire neighborhoods of single-family homes specifically for rental, offering residents the feel of homeownership without the financial burden of buying.
This growing niche could reshape Florida’s housing landscape — and for investors, it signals new opportunities in long-term rental demand.
Ocala Tops List of Florida’s Most Affordable Cities
Looking for value? Head to Ocala. Known for its equestrian roots and small-town charm, Ocala boasts the lowest real estate costs in Florida at just $183 per square foot.
- Median list price: $303,575
- Average home size: 1,656 sq. ft.
For first-time buyers or retirees, Ocala offers a blend of affordability and lifestyle that’s tough to beat.
The Lighter Side: Comedy Meets Real Estate
Not all the news is serious — meet Breanna Banaciski, the Florida agent turning heads by selling million-dollar homes with a dose of sharp sarcasm. Proof that even in a cooling market, personality (and humor) can still close deals.
Lendworth USA: Your Mortgage Partner in a Shifting Market
Whether you’re buying in Miami’s buyer-friendly market, investing in Ocala’s affordable housing, or financing a build-to-rent project, Lendworth USA is here to help.
We offer:
- FHA, USDA, and VA loans for U.S. buyers
- Foreign national mortgages for Canadians and international investors
- Equity-based lending for investors and developers
- Refinancing solutions to save money as rates shift
📞 Contact Lendworth USA today to secure financing that fits your needs and take advantage of Florida’s evolving real estate landscape.