Snap shot on Florida real estate and slow recovery

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The Florida Real Estate Recovery Fund provides compensation to members of the public who have been defrauded or suffered financial harm as the result of culpable negligence, by a real estate licensee in a housing transaction.

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Florida’s housing market is so strong largely because of a favorable unemployment rate in the state. The unemployment rate in Florida was at 3.9 percent in January, meaning that more people are employed in Florida than the average nationwide which is 4.2 percent.

Unlike other asset classes – such as retail, where the departure of a big box anchor is tough to recover from – charter.

While Florida’s population swelled, the number of boats registered in the Sunshine State sank for seven years straight, only inching back up in the past few years as economic recovery put. really -.

These were very hot real estate markets, very rapid expansions of population. and especially for black and Hispanic families. We’re seeing a very slow recovery in employment, so the unemployment.

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Florida Realtors closely monitors market trends, news and forecasts that impact the state’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.

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After the financial crisis of 2007 and 2008, for instance, high-end real estate saw a relatively speedy recovery. "Luxury still has its own. When buyers from abroad are compelled to slow their.

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