Category Archives: Florida Market Data

Florida Population to Boom Again:

Posted on April 2, 2012 by Ryan Hinricher

According to a recent study by Woods & Poole Economics show Florida population poised for substantial increases again.  Many counties … Continue reading →

Florida Unemployment Hits Three-Year Low

Posted on March 30, 2012 by Ryan Hinricher

Despite remaining higher than the national average in unemployment, the State of Florida’s unemployment rate has dropped to 9.4% vs. the national average of 8.7%.  In the last 12 months the state as added 72,300 new jobs ranking 4th in overall job growth. Approximately 50% of those jobs have been … Continue reading →

FL Gov. Sign Billion Dollar Business Incentive Deal

Posted on March 29, 2012 by Ryan Hinricher

Former CEO, Gov. Rick Scott of Florida officially signed an economic deal that offers businesses $1 billion in tax cuts over the next 3 years.  Included are cuts in the unemployment tax and corporate tax rates aimed to encourage businesses to hire as well as make the state more competitive … Continue reading →

Orlando Inventory Continues to Drop – 40% in Last Year

Posted on March 21, 2012 by Ryan Hinricher

The Orlando MSA saw a continued drop in homes on the market over the last few months.  Inventory now stands at just over 9,000 homes representing roughly a 5-month supply.  However homes in the $100,000-200,000 range exist in less than a 3-month supply.  Bidding wars in this price range are … Continue reading →

Orlando MSA Logs 12% Rise in Median Price in December

Posted on February 1, 2012 by Ryan Hinricher

According to the Orlando Realtors Association, the median price of homes rose 12% in December 2012 over December 2011.  Excluding distressed sales, the median price in was $159,000.  The cumulative median price for all of 2011 was $109,900 which is higher than 2010′s $108,500. Other numbers to note from the … Continue reading →

Investor Nation Expands Footprint to Florida

Posted on January 6, 2012 by Ryan Hinricher

Over the last 18 months we’ve been investigating the housing market in Florida.  It of course is one of the poster children of the housing crisis.  Home prices have now dropped as much as 50% in some of the sub-markets of the state.  A year ago we started acquiring homes … Continue reading →