Even as the market begins to adjust to post-pandemic life, Investor Junkie does attempt to take a reasonable and good faith approach to maintaining objectivity towards providing referrals that are in the best interest of readers. An imbalance between demand and supply has fueled rapid home appreciation across the state. The event was part of this years Florida Realtors Mid-Winter Business Meetings at the Renaissance SeaWorld Orlando. Baby Steps. Housing Market Predictions 2023: Will Home Prices Drop in 2023? This can lead to strong returns on investment and can make it easier for investors to purchase multiple properties. They can also indicate whether homes are lingering on the market or being sold faster than sellers are listing them. Are there enough homes for sale to meet buyer demand? Jennifer Warner, Florida Realtors economist and director of economic development, served as the moderator. ORLANDO, Fla. What should consumers, Realtorsand policymakers expect when it comes to Florida real estate over the next year? It might simply accept the fact that it will continue to play a disproportionate role in the housing market and have a larger balance sheet than it would prefer. The median home price is $243,145 and the average rent is $1,490 per month giving a rent multiplier of 0.73. It also included a panel of Realtors who use Florida Realtors SunStats resource regularly, sharing how it helps them in their business.