Florida Economy and Real Estate

real estate activityDid you know that if Florida were an independent country, it would rank as the world’s 15th largest economy?  The gross state product reached an unprecedented $594 billion in 2005 and real estate activity accounted for 44% of that total ($263 billion).  Real property… building it and buying it… directly provides jobs for 769,000 Floridians.  That impact outpaces the contributions of other Florida industries — including tourism, which contributed an estimated $62 billion to Florida’s economy in 2005.

Source: ©Florida Association of Realtors®

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Florida State Facts – a Bit of Trivia

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  • FloridaFlorida Capital: Tallahassee
  • Number of Counties in Florida: 67
  • Florida became the 27th state of the U.S. in 1845.
  • The estimated population of Florida as of 2006 is just over 18 million
    and approximately 1,000 people move to Florida every day!
  • Florida is the 4th most populated state in the U.S.
  • Florida’s Major Industries: tourism is first, followed by agriculture,
    then banking, electronics, plastics, construction, and real estate.
  • Florida has 1197 miles of coastline and 663 miles of beaches.
  • The highest point in Florida is Britton Hill which is located in Lakewood, FL 
    (Walton County) and is Florida’s highest elevation at 345 feet above sea level.
  • Florida’s geographic center is 12 miles NW of Brooksville, FL (Hernando County).
  • The St. Johns River (the longest river in Florida) measures 273 miles.
  • Lake Okeechobee (the largest lake in Florida) is 700 square miles.
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    South Florida Real Estate Blog

    Anyone who has been living in South Florida over the past few years has undoubtedly been aware of all the changes associated with our real estate market.  From the prices (home values) to the property taxes, to the rising cost of property insurance, it’s been impossible to ignore the changes.  I’ve started this blog to share my South Florida real estate voice with readers about anything and everything real estate and real estate related.  Please stay tuned as this blog is a work in progress but will eventually be chock-full of information for just about anyone living in South Florida.  In the meantime, thanks for stopping by!