Across the forecasting spectrum, from academics to some government watchers to industry groups, there’s a cautious optimism about Florida’s economy in the new year, reports David Royse of the News Service of Florida.
From a recent gathering of economists at a Realtors conference, where the consensus was that the state has already started a bit of a recovery, to employment agencies, to the governor of the state, there’s a sense that finally, the state has turned the corner.
In Florida, where the economic heights of the middle of the last decade were propped up on a booming housing industry, it is in the real estate market that many economists are looking to gauge whether the crash has reached its low point.
And Florida Realtors Chief Economist John Tuccillo said at a recent real estate industry conference that indicators in that industry are good.
“Sales are trending up, listing inventories are falling