ORLANDO, Fla. – Jan. 28, 2016 – What will Florida's real estate markets look like in the coming year? That was the question on the minds of a standing-room-only crowd of about 400 Realtors®at the 2016 Florida Real Estate Trends event held Thursday during Florida Realtors®Mid-Winter Business Meetings, which continue through Jan. 31, 2016.
"Florida is positioned to become one of the hottest spots in the country with rising demand, positive gains in recovery, really good fundamentals and positive momentum," said Jonathan Smoke, chief economist of realtor.com®. He said 2015 was a good year and 2016 looks to be similar. Smoke discussed the national housing outlook for the coming year, saying, "Home sales have pretty much recovered to their normal levels."
"Fundamentally, we are experiencing a market with not enough to sell," he said. "We are forecasting sliRead More