But it looks like Florida is making a remarkable recovery.
Let’s take a look at recent rankings that may ease your worries about the state’s financial health.
Florida in the Top 5 for Fiscal Performance
Florida ranks #5 in the nation for best financial strength, according to USA Today, based on the state government’s strategy to pay off debts, budget for the year, fund pensions, and plan for the financial future.
Strong State Economy
Sunny Florida is known for its tourism and agricultural climate, and the state made the top 10 in economic rankings in the nation. Business Insider listed Florida as #7, citing its revenue surplus and recovering housing market.
Rising Home Values
Now that Florida is recovering from the Great Recession, perhaps you may have noticed rising home values across the state. You may even find that your own Florida property values have changed dramatically.
Have a Real Estate Question? Ask Us!
Let us know if you’d like to learn more about how Florida’s strong financial rankings can impact your property.