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Waterfront Luxury Home Specialist

239.821.7926
Cathy.Rogers@Sothebysrealty.com

Selling A Home In Florida, The Freest State In The United States

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Are you considering selling a home in Marco, Island Florida? Worried about the news of a slower market? Luckily, our area of the country is doing better than most. Is it a coincidence that our state also happens to have been awarded the title of “The Freest State In The Nation” by a Cato Institute study? It seems like these two factors are feeding off of eachother. Actually, hundreds of people each day are migrating to Florida. The Cato Institute research indicates that the freedom factor is a large reason why people are choosing to buy a home in Florida.

The Research

The Cato Institute study ranked each U.S. state by “how its public policies promote freedom in the fiscal, regulatory, and personal freedom spheres.” We earned the number one overall title. And when broken down into categories, we won number one spots in four of them, plus seven Top-10 rankings in other categories.

We have less-restrictive policies. Other states more restrictive policies are said by the researchers to have harmed their economic growth. Our state offers more opportunity than others, and that’s encouraged the migration of people to Florida. Plus, more than $156 billion in annual income has also moved to Florida for our states tax benefits. This income has moved here from high tax states like New York. Florida’s state taxes are greater than a standard deviation and a half below the national average.

The authors wrote:

“Florida is one of the top states for educational freedom, although homeschool regulations remain substantial.”

“Florida does especially well on economic freedom, especially on fiscal policy,” the authors also wrote. “Regulatory policy is improved but mediocre in comparison to the fiscal side. Florida’s personal freedom has lagged in the past; however, it has improved a lot over the past two years.”

The study looked at taxes, government employment, spending, fiscal decentralization, and other factors.

Are You Buying a Home on Marco Island?

Considering buying a home on Marco Island? We’d love to help you find one that’s just right for your needs.

First, check out available Marco Island area properties using this helpful search tool. If it’s easier, you can just call us at 239-821-7926 or get in touch with us online to let us know what you’re looking for. We’re happy to contact you however you prefer. Then, we’ll start searching our databases right away using criteria you specify!

In the meantime, you can also easily explore Marco Island real estate by price:

Also, to stay current on the latest listing and community events, connect with your Marco Island area expert on Facebook or Twitter!

 

Selling A Marco Island Home To Millenials

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Millennials now make up the largest group of homebuyers. Here’s the thing you need to know if you’re considering selling your Marco Island home. Millennials don’t want the same thing that older generations wanted. They also shop differently from homebuyers in older generations. So, here’s what we’ve come to realize about the millennial homebuyer market.

ISO an Instagrammable Home

Millennials aren’t as impressed with traditional features. They are looking for rich accents that add beauty to their home. They’re often naturals of design, so they want a home that reflects this hunger for aesthetics. Think swapping out a standard kitchen counter top for one made of casted concrete or a rich quartz will likely impress this market. Millennials often enjoy high-end finishes. Around the home, stone detailing or cut timber is a unique addition depending on the home’s style. Choose hardwood or vinyl plank flooring. As a general rule, they prefer light-colored paints with black detailing. In the kitchen, choose stainless steel appliances if you’re replacing appliances to appeal to homebuyers.

Marketing Difference

Millennials are going to conduct almost all of their home search online. They are less likely to drive around and look for signs or check printed media. They want lots of high definition photos or virtual tours. They do not want to waste their time checking out a home just to see if they’ll like it. We need to grab their attention with the online listing photos. As we move into the future, we even expect millennials will begin requesting virtual reality tours. Sincerely, almost 75 percent of millennials surveyed recently are impressed by VR technology.

Are You Buying a Home on Marco Island?

Considering buying a home on Marco Island? We’d love to help you find one that’s just right for your needs.

First, check out available Marco Island area properties using this helpful search tool. If it’s easier, you can just call us at 239-821-7926 or get in touch with us online to let us know what you’re looking for. We’re happy to contact you however you prefer. Then, we’ll start searching our databases right away using criteria you specify!

In the meantime, you can also easily explore Marco Island real estate by price:

Also, to stay current on the latest listing and community events, connect with your Marco Island area expert on Facebook or Twitter!

 

Contact Cathy


239.821.7926
Cathy.Rogers@Sothebysrealty.com