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Florida gets a little Sunny News...

Today, was the first day in many moons that I've started to notice "Good" news in the media....Read on and Have a Great Day!

Better days ahead for housing market, financial analysts say!

1. It can only get better from here.

At least that’s what Michael Timmerman believes about today’s housing market.

“We’ve finally gotten to the point where we’ve reached a bottom as far as housing starts, existing home sales and new home sales. We’re kind of bouncing along the bottom. I don’t think we’re going to see any reduction in volume again,” said Timmerman, a senior associate with economic and financial consulting firm Fishkind & Associates.

Timmerman said he expects the upcoming presidential election to be a positive turning point for the housing market.

“I think it’s psychological,” he said. “Once we get past the election, that’ll get people to the point of ‘OK, now we know what our leadership is.’ And depending on where they are, who they are, they will begin to move forward.”

“We’re nearing the bottom of the cycle, which is the most painful, but we also recognize that the future is brighter,” he said.

Florida Ranks 4th for Best Business Climate

2. Florida's business climate is the fourth-best in the nation, according to a study by marketing company Development Counsellors International.

Florida was tied for fourth with Tennessee, and trailed only Texas, North Carolina and Georgia.

Executives usually cited three factors for their choices: a strong labor market, low operating costs and a pro-business climate.

DCI President Andrew T. Levine said in a statement. "Whether accurate or misguided, perceptions about a location's business climate often play a crucial role in site selection decisions and where companies invest money and create jobs."

Name: Paige Rausch

Email: Contact Paige Rausch

Office Phone:(239) 443-2500

Cell Phone:(239) 691-4321

Fax: (239) 425-8653

Gulf Gateway Realty Inc. 1326 S.E. 47th St, Cape Coral, FL 33904
Tel: 239.425.8652 Fax: 239.425.8653

Posted Tuesday Jul 29