W
hen a Florida home changes hands, a ripple spreads through the state. The title firm receives its fee, a plumber repairs a leak, a family picks out new furniture, an agent collects a commission, and the buyer lays a foundation for future security. That small transaction fuels local jobs and injects $129,000 into the economy while creating two new positions. Multiply by the thousands of monthly sales and the impact becomes clear.
Florida ranks 16th worldwide in GDP, and real‑estate accounts for roughly 20 % of that output, making it a key engine of prosperity. A thriving market expands opportunities for families, fuels business growth, and strengthens community resilience.
Policy that supports upward mobility and long‑term stability is essential. This year’s legislature removed the business‑rent tax—Florida’s only state levying a charge on commercial leases—relieving small storefronts and large employers alike. Lower overhead translates into more hiring, investment, and affordable goods, a relief that matters in a high‑cost environment.
Storm resilience also received a boost. The My Safe Florida Home program secured $280 million, and each dollar spent on mitigation saves $6 in recovery costs. The funds help residents fortify homes against hurricanes, protecting lives, preserving property, and easing taxpayer burdens even when a house isn’t directly hit.
Affordability initiatives continued with the Hometown Heroes Housing Program, which allocated $50 million to help teachers, nurses, veterans, and other public servants cover upfront costs. Because the assistance is repaid upon sale, the program is self‑sustaining and expands access to homeownership.
Looking forward, diversifying housing options—such as accessory dwelling units—will give more Floridians pathways to save and eventually own homes. Protecting ownership is equally vital. New property‑protection rules now cover commercial and short‑term leases, building on reforms that curb unlawful occupancy. Condo transparency laws will grant buyers easier access to essential documents, reducing surprises and building trust in the market.
Florida Realtors, with 238,000 members, champions these reforms and advocates for the rights, access, and resilience that keep the state attractive for future builders. As the 2026 session approaches, the partnership between Realtors and lawmakers will keep Florida’s economy competitive and real estate a cornerstone of opportunity for all residents.
Together, we can keep Florida moving forward. Tim Weisheyer, 2025 Florida Realtors president.
