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What’s Driving the Rise of Prefabricated Housing in Florida? – South Florida Reporter

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When Category 5 Hurricane Andrew damaged or destroyed more than 125,000 Florida homes and left about 250,000 people homeless in south Miami-Dade County, the.

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 · As a result, some consumers are stepping back from the market, which is slowing the rise in home prices and increasing the number of days homes are on the market. “That higher cost (from interest) is really driving some of the weakness you’re seeing in the housing market,” says Tian Liu, chief economist for Genworth Mortgage Insurance.

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The Florida Housing Market is not necessarily busting at the seams, but statewide housing data indicates that the market is growing along normal trend lines. This means that the pace of sales, median sale price increases, and other significant data tell of moderate and sustainable growth. Florida continues to be one of the most desirable places to live in the country and this is evident, as.

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