One of the questions we hear nearly every day is, when will the economy improve and housing prices start to increase? This is one of those questions that is almost impossible to answer. I believe that the answer is tied to job growth, which continues to be an area of concern here in Southwest Florida.
University of Florida Economist David Denslow recently spoke on the topic of Florida’s Economic Recovery and the Sunshine State News reports on his speech. Denslow pegs recovery to demographics and the graying of America with a significant increase in baby-boomers looking to move to Florida. The report about Denslow’s speech is a must read for anyone considering an investment in Southwest Florida real estate.
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