The housing market is in flux, with home prices at record highs amid a demand and supply imbalance. Elevated mortgage rates – seen as a function of interest rates at a 22-year high and inflation, which is eating away into disposable income – are constraining purchases. In the wake of all this,NextEra Energy, Inc.(NYSE:NEE) CEOJohn Ketchumrecently lauded Florida as a thriving market for housing as well as commercial and industrial construction.

The Florida Housing Market: The Sunshine State has the distinction of being the biggest housing market in the country. Despite California having the twice as many...