University of Florida reports that consumer confidence in Florida rose for the third straight month in September. The increase is credited in part to the belief that housing sales are stabilizing.
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University of Florida predicts Florida residents will keep their money in their wallet
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Showing posts with label consumer confidence. Show all posts
Showing posts with label consumer confidence. Show all posts
Oct 7, 2008
Jun 24, 2008
University of Florida predicts Florida residents will keep their money in their wallet
According to a University of Florida study, consumer confidence in Florida is at an all time low.
“…I would have to predict consumer spending in Florida to pull back dramatically in the coming months.” said Chris McCarty, director of UF’s Survey Research Center.
The housing market is playing a huge role as one might expect. “The current economic decline began with housing and in many ways it will end with housing,” he said. “Housing prices have continued to decline and have yet to stabilize, although there are some signs that prices in some areas are getting near the bottom” McCarty said.
Here is the complete news release.
Related Florida real estate views:
More people sharing living arrangements suggest University of Florida
University of Florida offers a Master of Laws in Environmental and Land Use Law
Stetson University's blog receives makover
- Greg Staker Watson Realty Corp. 407-304-0255
“…I would have to predict consumer spending in Florida to pull back dramatically in the coming months.” said Chris McCarty, director of UF’s Survey Research Center.
The housing market is playing a huge role as one might expect. “The current economic decline began with housing and in many ways it will end with housing,” he said. “Housing prices have continued to decline and have yet to stabilize, although there are some signs that prices in some areas are getting near the bottom” McCarty said.
Here is the complete news release.
Related Florida real estate views:
More people sharing living arrangements suggest University of Florida
University of Florida offers a Master of Laws in Environmental and Land Use Law
Stetson University's blog receives makover
- Greg Staker Watson Realty Corp. 407-304-0255
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