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

Housing Market Synopsis: The US real estate market continues to grow with rising prices, new construction, supported by a strengthening domestic economy. President Trump as plenty of options to boost the economic forecast and city housing markets from California to Texas to Florida .

Yet the Aspen-Snowmass real estate market seems on track for another strong year. percent from 2017 to 2018 and is expected to decline further in 2019. The reasons most stated are the increasing.

Accordingly, while examining Florida’s real estate market in 2016, 2017, and 2018, real estate investors can evaluate the accumulative unemployment rate and overall population in order to make the best real estate investment decision that they possibly could. Of course, the strong economic system differs between each local real estate market.

U.S. GDP growth will slow to 2.1% in 2019 from 3% in 2018.It will be 2% in 2020 and 1.8% in 2021. That’s according to the most recent forecast released at the Federal Open Market Committee meeting on June 19, 2019. The projected slowdown in 2019 and beyond is a side effect of the trade war, a key component of Trump’s economic policies.

TAMPA, FLORIDA, December 1, 2017 – WC Equity Group’s managing partner, Kurt Westfield, weighs in on 2018 housing market predictions, along with other industry experts. See excerpt of article published by Erik Martin, below. Housing market forecast calls for strong opinions With the year quickly coming to an end, it’s natural to look ahead to.

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Q) Is Now the Time to Buy Real Estate in Florida? A) No, In My Opinion It is Not a Good Time to Buy a Home in Florida. Why? It’s still a seller’s market, so buyers are paying more than they need to.; Prices won’t be going much higher, much longer, so if you can wait you will be better off.

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.

And the job market is robust, with the September unemployment rate of 3.7 percent the lowest in nearly 50 years. In short, there’s no longer a need for borrowing costs to stay at depressed, emergency.

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Florida’s economy expected to stay strong for 2018. The housing market strengthened over the year, too, coming into line with pre-recession price trajectory.. "I’d expect to see strong.

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