Real Estate Blogging

Typically Florida is home to many new retirees each year, leaving their jobs and cold weather behind for the warm weather and ocean breezes. This year has been a little different though. In the midst of one of the worst hurricane seasons on record, many older Floridians are giving up and packing up. Age and financial reasons are the most common cited for the growing number of people leaving their retirement homes and heading West. The aging Florida population is growing tired of dealing with adjusters, insurance companies and repair men - and the tons of money that is spent each year to rebuild a home after it is ripped apart by a hurricane.

Are the realtors hurting from the growing number of Floridians packing up and leaving town - not really. For every senior that leaves a water-front home in Southern Florida, there are many new comers lined up for the property. Hurricane territory or not, people moving in from the Midwest can't turn down a chance to live right on the water.

It seems that the hurricanes have gradually gotten stronger and more severe over the last couple of years. If this trend continues, what will happen to the housing market in Southern Florida and other areas that are repeatedly hit hard by hurricanes? Will prices drop as more people leave town? Will only those who can afford to re-build their home each year be able to stay?