Florida’s 2018 Economy and Housing Market Projected To Remain Strong

Florida’s 2018 Economy and Housing Market Projected To Remain Strong February 16, 2018 By Mary Catchur Florida’s economy is expected to be strong through 2018, according to a new report from Malena Carollo at The Tampa Bay Times. The report focuses on the state unemployment rate to forecast the health of the economy.

The region’s economic strength is based on robust activity in tourism, agriculture, international trade, transportation health sectors. 3 With a strong economy, Miami’s housing market is expected to remain strong, cementing its ranking as the third most active market in Florida.

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The Florida economy saw a strong rebound in economic activity as job growth came roaring back in 2017Q4. We expect the state economy to keep this momentum headlining into 2018, supported by positive demographics, sustained gains in the labor market and an improving housing sector.

Housing led the way into the last recession, now Freddie Mac’s economists are suggesting it might help stave off the next one or at least modify its severity. In its August Forecast, the company says.

business Florida’s Economy Projected To Hit $1 Trillion In 2018 The University of central florida anticipates Florida’s economy will grow faster than the national average over the next few years.

Jacksonville Trends & Statistics 2018-2019. In this section, you’ll learn about the top factors that make Jacksonville one of the strongest real estate markets of 2017, including: affordability, rental income and cash flow, and equity growth potential.

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Powered by economic. real estate market, is roughly flat on the year. As we’ll discuss below, the SFR sector dipped following mixed 2Q18 results that saw expense growth rise faster than expected.

The focus is on building. With over 800 people a day choosing to move to Florida the home real estate market is sure to stay busy for months to come. Florida forecast isn’t just sunny days. Continued strong economics, job growth, population growth and a low unemployment rate are in store as well.

Florida Housing forecast. Update from Florida Realtors and Zillow. Home prices reached an average of $225,000 across the state of Florida in November. A coolish market offers opportunities for buyers in the Sunshine State. See more on Florida’s housing outlook for 2019.

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