Realistic and Rosy

Real Estate was hot in Florida over the last several years, and then the unsustainable price increases finally became just that, unsustainable. The result is that the last year has seen a reduction in values all over South Florida. This hurts. But there does seem to be a silver lining in this very dark cloud. You see as the values and prices erode, more people will be able to afford to come to Florida.

This state is still a great place to live! The sun and the beaches have never changed, and that's what is going to create another baby boomer migration.

"The first of the Baby Boomers are just over 60 now, so over the next 10 to 15 years you'll see a real increase in that group" says Stan Smith, director of the University of Florida's Bureau of Economic and Business Research.

So you see that the lower prices are going to have a good effect on the real estate business over the next decade.
As Florida's population increases, the economy becomes that much more robust; service industries, hospitality industry, and of course real estate services all become more viable.
It is indeed realistic and rosy!