ORLANDO, Fla. – June 11, 2019 – A new report from Wells Fargo Securities indicates economic growth in Florida has continued to outpace the nation so far this year and has evolved to enhance long-run competitiveness. “Florida is poised to remain one of the nation’s fastest-growing states, however, and growth remains remarkably broad-based across industries and geographies.”
No one knows the local real estate market like a Realtor. Our team has closely monitored market trends, news and forecasts that impact the Florida’s real estate industry and Florida’s economy.
“Real property – building it, buying it, leasing it, selling it – generates revenue, creates jobs and contributes billions to the state’s economy.” Florida REALTORS Chief Economist Dr. Brad O’Connor
If you want to invest in real estate in the Central Florida region and are waiting for prices to drop significantly, that’s unlikely to happen. All the indicators are positive for the market in Central Florida. Other regions in the US may have changing markets that will affect the market long term, but the Florida market is poised for a great long-term outlook.
From the Florida REALTORS – Fla. economy poised for long, positive run
For more information on the Florida economy as it relates to the real estate market, contact the Cuervo Team Today.