Media

 

Florida Economy's Bounce-Back is Real, report says

 

ORLANDO - An economic forecast from Wells Fargo released Wednesday says Florida's economic recovery is for real.

The report says the state's convalescence is moving along two separate – but ultimately connected – paths. One is being driven by Federal Reserve policies that have kept interest rates at historically low levels for the past few years.

That has allowed homeowners to refinance – freeing up more spending money – and encouraged investors to swoop in, buy homes and fix them up for rentals or sales.

The Fed's policies have also lowered the value of the dollar abroad, boosting international tourism.

More than 3.5 million Canadians and 1.6 Brazilians visited Florida last year, "up solidly from the prior year," the forecast says.

Comment

    Post has no comments.

Leave Comments

Captcha Image
Trackback Link
http://phfla.worldsecuresystems.com/BlogRetrieve.aspx?BlogID=11089&PostID=685966&A=Trackback
Trackbacks
Post has no trackbacks.

| |

Our Communities

The Highlands in Hudson

Single Family Homes in Gated Community with Grand Fountain Entry and Walking Trails

Parkbrook in Citrus Park

Maintenance-Free Single Family Homes convenient to entire Tampa area

The Preservation in Lutz

Single Family Homes with Large Private Home Sites and Custom Pool Options

Ozona Village in Palm Harbor

Huge Maintenance-Free Luxury Townhomes with Pool and Cabana along the Famous Pinellas Trail


Contact Us