April 29, 2024

Florida Has the Hottest Neighborhoods of 2022, New Study Says

2 min read
Sunshine graphic

Photo via Canva.com

Florida, literally, can be a hot place to live. Now, the Sunshine State has bragging rights of being the state with the hottest neighborhoods in the country.

Full-service real estate brokerage company Redfin has released its list of the 10 hottest neighborhoods in 2022, and eight of them are in Florida. The No. 1 city is South Sarasota, and the top eight are in the Sarasota area.

Redfin’s analysis ranked U.S. zip codes by year-over-year growth in listing views on the site and the Redfin Compete Score, a measure of how tough it is to buy a home based on a range of factors. The data represents September 2021.

“The Sarasota area has changed radically over the past year,” local Redfin real estate agent Eric Auciello said in a statement. “Many of the towns surrounding Sarasota are exploding in popularity because so many people are getting priced out of Sarasota proper or moving in from out of state to work remotely and take advantage of the sunshine, low taxes and relative affordability.”

He added, “A lot of the neighborhoods house hunters are flocking to have historically been retirement communities, but are becoming younger with all of the first-time buyers and early retirees moving in.”

Some of the movement is because more Americans are retiring- and retiring earlier. More than half (50.3%) of U.S adults aged 55 and older retired as of the third quarter, according to Redfin, up from 48.1% two years ago. Another reason is that people have been able to work remotely and live wherever they choose.

Here are the 10 Hottest Neighborhoods in the U.S. in 2022, according to Redwin:

South Sarasota, FL
East Venice, FL
Eaglewood, FL
Venice, FL
Nokomis, FL
The Meadows, FL
Chatham, Cape Cod, MA
Weston, FL
Lake Lure, NC
Downtown Fort Myers, FL

View Redfin’s full list here.

Copyright © All rights reserved. | Newsphere by AF themes.