Florida Template for Recovering Housing Market

We’re beginning to hear positive reports from the news media about the housing market. Especially here in Florida.  Jim Cramer from The Street in a recent video was comparing real estate to stocks, he positions Florida as the “template” for how the housing market will unfold for rest of the nation.  Florida was one of the first and worst states hit hard by the housing market.  Now rebounding, Cramer credits the low housing inventory for its turnaround.  Building ceased two years ago and purchases continued to help dry up the inventory.

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Filed under Economy, Florida, Real Estate

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