The future of Florida’s economy looks good.
According to a recent forecast produced by top economist at UCF, “Florida’s economy is expected to continue to grow at a faster pace than the national forecast for the next for years.” Contributing factors include rising job growth and increased home reconstruction.
“Labor-force growth will average 2 percent from 2016 to 2019 thanks to consistently robust job creation … payroll job growth in Florida continues to out perform national job growth with year-over-year growth.”
Florida real estate numbers are increasing too. Median home prices are almost double what they were during the housing crisis, $213,000 compared to $122,000.
To read more, see the article from FloridaRealtors.
If you’re interested in Sanibel real estate–whether you’re buying, selling, or just looking–contact one of our knowledgable Sanibel realtors, search our MLS for available properties, or get in touch with our office at 239-272-2411 for general inquiries. We’re also more than happy to help you find the Sanibel realtor that’s the right fit for you.
Source: Forecast: Fla.'s economy will outpace U.S.
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This article is provided by John R Wood Properties, a full service Sanibel Island real estate agency made of people who love where they live as much as what they do. With local knowledge and decades of combined experience, our Sanibel and Captiva Island realtors are passionate and dedicated to exceeding your real estate needs.
About the author: Nina Rogers is a writer, designer, and illustrator who grew up on Sanibel Island. As a Communications Content Manager for John R Wood Properties, Nina enjoys keeping people updated with the latest in local news and Sanibel real estate.
