Sarasota Real Estate Market News

(Florida) Housing Forecast 2014: Sun and clouds

ORLANDO – At the tail end of the healthiest year for residential real estate since the Great Recession, housing economists are predicting a continued upswing in 2014.

A panel of market analysts on Tuesday told an Orlando banquet room packed with Realtors from Panama City to South Florida that they expect the industry to maintain its brisk pace well into the coming year.

Their general consensus was that home sales would climb another 10 percent next year, with appraised values rising by 5 percent and median sale prices increasing 12 percent. That would be another significant step forward for an industry now among the key drivers of the Sunshine State’s economic recovery.

Read more here:

http://www.heraldtribune.com/article/20131211/ARCHIVES/312111020/-1/todayspaper?p=all&tc=pgall

December 11, 2013 - Posted by | News related to Buyers, News related to Financing, News related to Investors, News related to Sellers, News related to the Market

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