Monday, July 30, 2007

Florida Real Estate Market

Economist Hank Fishkind last week indicated that he believes the worst is over for most areas of the Florida Real Estate market. Mr Fishkind said the bottom has been hit and the market will slowly return to normal activity over the coming months. One exception he noted was the Miami Condo market which will continue to see lower prices due to the overbuilding that has occurred. This is good news in the wake of recent reports that the housing market will not begin to recover until 2009. Let's hope Mr Fishkind is correct and the others are out to lunch. Ocean View Condominium Rental Group, Inc. 1350 Ocean Shore Blvd. Suite A Ormond Beach, FL 32176 http://www.ovrealty.com/ 1-800-356-3409 Toll free USA & Canada 1-386-441-8245 Local Phone 1-386-441-2407 Fax

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