Saturday, March 3, 2012

University of Florida Study: Outlook for Florida Real Estate Market Not Entirely Negative.

Byline: University of Florida

GAINESVILLE, Fla., Dec. 5 (AScribe Newswire) -- While the outlook for sales of homes and condos in Florida is bleak, the real estate prognosis for business properties is much better as it rides on a still-strong state economy, according to a University of Florida study released today.

Nearly half of Florida real estate experts say it's a poor time to build single-family housing and more than two-thirds say so about condos, but they are more optimistic about all other types of properties, said Wayne Archer, director of UF's Bergstrom Center for Real Estate Studies. The results are from the center's fourth quarterly survey of Florida real estate trends that was completed …

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