Florida is experiencing growth in many metro areas despite bad real estate news in some areas. A broker in Sarasota FL shared data that shows townhome prices up there in 2007 over 2006. US census data shows population growth in many metro areas of Florida. Here are some of the larger growth numbers:
Palm Coast, FL 31% from 2007-2012
Naples, FL 13.3% from 2007-2012
Other areas of Florida are experiencing job and income growth. People have to live somewhere, so expect the real estate market to pick up in many areas of Florida. Add to these facts the interest from europeans in US real estate. Engel & Volkers, a large real estate firm based out of Hamburg Germany, has an office in sarasota FL.
