Good news is expected for the Sunshine State according to a news report from the University of Central Florida's economist today.
Sean Snaith, director of UCF’s Institute for Economic Competitiveness predicted that the State's population and job market will increase by more than 50% over the next 3 decades.
His comments concerning the real estate market includes:
Florida's housing construction sector bottoms out in the fourth quarter of this year. Housing starts will climb at a very slow pace. In 2010, housing starts will have recovered but at levels that will be 100,000 starts fewer than the peak level reached in 2005.
Read the full news report
Related Florida real estate views:
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Orlando population projected to increase.
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- Greg Staker Watson Realty Corp. 407-304-0255
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