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Wednesday, December 12, 2012

A better real estate market in 2013

Where will Florida be in 2013? Assuming that the national fiscal problems are not resolved but are “postponed,” Dr. John Tuccillo (chief economist of Florida Realtors) said he expects employment in the state to grow by 10 percent in 2013; residential sales to increase by 10 percent; prices (same sales index) to rise by 5 percent; commercial activity to revive; and inventory to grow as the market improves.

“I think the improvement in the market and rising prices will bring more potential sellers back into the market,” he said. “Signs point to a better year in 2013.”

from an article: http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=1&id=284687

Kelly Borza Accredited Buyer's Representative
Licensed REALTOR in the State of Florida
Gasparilla Properties, Inc., Boca Grande
www.waterfrontkelly.com

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