John Tuccillo, PhD Prices have stopped declining, and in many areas are now steadily increasing.

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Presentation transcript:

John Tuccillo, PhD

Prices have stopped declining, and in many areas are now steadily increasing

Monthly sales have been trending upward since early 2011

Prices have stopped declining, and in many areas are now steadily increasing Monthly sales have been trending upward since early 2011 The number of new listings has been falling

Prices have stopped declining, and in many areas are now steadily increasing Monthly sales have been trending upward since early 2011 The number of new listings has been falling Inventories are down sharply

Prices have stopped declining, and in many areas are now steadily increasing Monthly sales have been trending upward since early 2011 The number of new listings has been falling Inventories are down sharply The supply of lender-mediated properties has stabilized

Prices have stopped declining, and in many areas are now steadily increasing Monthly sales have been trending upward since early 2011 The number of new listings has been falling Inventories are down sharply The supply of lender-mediated properties has stabilized Multiple offers and market tightness in some areas

Employment is starting to rise again

Renewed population growth

Employment is starting to rise again Renewed population growth Lenders have climbed up the learning curve

Employment is starting to rise again Renewed population growth Lenders have climbed up the learning curve (Some) household wealth has been restored

Employment is starting to rise again Renewed population growth Lenders have climbed up the learning curve (Some) household wealth has been restored Prices have fallen to a point where investors are back in the market Have cash Rents are high

Floridas residential real estate market is experiencing a very slow, but steady recovery Builders feeling more confident Recently relaxed land use regulations around the state may have positive effect on both housing and land markets