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Local legislation is sometimes introduced to preclude these corporate acquisitions, framing the discussion around “safe zones” for homeowners. However, the practicality and implications of such measures remain uncertain, as resistance from both local governments and investor entities could lead to complications that further limit homeownership opportunities.
The Future of Florida's Housing Market
The overarching question for prospective buyers in Florida is whether they can purchase a home at a sustainable rate moving forward. A significant portion of real estate agents—71% according to some reports—have not made a single real estate transaction, further indicating that the market is saturated with agents lacking the necessary experience to assist buyers adequately.