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Thursday, August 27, 2009
South Florida's Housing Market, Miami Real Estate
Positive Changes in South Florida’s Housing Market, Miami Real Estate
The housing market in Florida might be just the medicine it needs to bring back Consumer confidence.
Just recently a University of Florida survey showed the Consumer confidence index climbed three points in August after a steady decline.
While the economic environment is by no means bright, the drop in July seemed unsustainable given the lack of any very bad economic news and some encouraging signs in Miami real estate and the stock market. Even though we are not yet out of a recession, things are not nearly as bad as they were a year ago.
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