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

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.

2 2018 State of the Housing Market The tight supply issue that has been lingering on for years has finally turned into a demand issue . With the economy growing at a solid pace and new households continuing to form at the fastest pace in the last 10 years, home sales in 2018 were projected to increase from the prior year, despite

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Still, both population and job growth are expected to continue while the risk of a. “All the economic indicators are pointing in the right direction.. flips accounted for 6.4 percent of all home sales in Florida for 2018, down 9.9. Risk is at the heart of any investment – real estate, stock market or otherwise.

Housing market experts say the Southwest Florida area was averaging approximately 18 months of housing inventory five years ago, making it a challenging market overall. Since then, the area has seen a surge of growth and the current state of stability and growth in Southwest Florida is expected to remain.

UPDATE: The 2019 national housing forecast inventory constraints that have fueled a sharp rise in home prices and made it difficult for buyers to gain a foothold in the market will begin to ease.

Florida’s economy expected to stay strong for 2018 Florida’s unemployment rate ticked up slightly from 3.6 percent in November to 3.7 percent in December.. The housing market strengthened.

TALLAHASSEE, Fla. – The florida chamber foundation, Florida’s non-partisan, business-led, nonprofit research organization, announced today that it expects Florida to become a $1 trillion economy by the end of 2018 and will create 180,000 jobs across Florida in 2018 – once again outpacing the U.S. economy in job growth.

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CENTRAL florida housing 4q18: 2018 Ends with a Burst of Strength. Quarterly new home starts in the Central Florida market were up 27.5% YoY – annual. of all closings over the past four quarters Demand is expected to remain strong, Spies spoke about the health of the Orlando metro's economy, offering the.