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The Florida Economy Takes a Positive Turn

There are many signs based off the growth of the housing market that Florida’s economy is improving.

 

The inventory of homes for sale has fallen to levels not seen for years. This means the lower the supply of homes the stronger the market. Realtors are noticing more people wanting to put their homes on the market and not because they have to but because they want to. These homeowners are not in distress which means their home are not neglected and will sell faster. "It's opening a whole new category of buyers," Chadwick said. "These people have been on the sidelines for four years waiting to sell. This is exciting." To read more on this upward trend visit www.Tampa Bay.com .

 

In addition to lower inventory and qualified buyers, interest rates are at an all time low. When it’s time to sell it’s time to buy! All signs point to a positive year for Florida’s economy. "It's a clear indication that we have felt the bottom of the market," said Kevin Chadwick, a 30-year Realtor and owner of six Keller Williams offices with more than 400 agents in Tampa Bay. "The market is in the process of turning. We're right at the change point," he said. "There's a lot of positive signs that we're pushing further away from the bottom." ; Tampa Bay Times .

 

There’s only one place to go from here and that’s up! The worst may be over for Tampa Bay's housing market.

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