The news that Sarasota has no less than 24 construction projects in the pipeline confirms that the Florida housing market is once again surging ahead. It’s nearly ten years since Sarasota experienced construction potential on this scale and the news was warmly received by the city’s business community.
The U.S job market looks set to swing into action in 2014. Forecasts for Florida in particular show a positive trend in 2014, with estimates of adding around 176,000 new jobs to the state’s economy, with a particular concentration in the construction sector. Such job creation should help stimulate Florida’s economy through increased wages and confidence in the local market.
Florida breathed a sigh of relief in early March when the U.S House of Representatives passed a bill allowing sellers to pass their below market insurance rates on to new buyers. This development has relieved the real estate market in Florida
Investors are having a ball in Florida at the moment as property sales and prices continue to skyrocket. Real estate values in Florida are rising faster than the national average, attracting investors and buyers from all over the USA and abroad.