Florida Is the Nation’s Housing Market – Housing – The Atlantic Cities
Article discusses how Florida is the center of the national housing market and a predictor for the national market. It was the hardest hit state with some property losing up to 40% in value and the highest percentage of homes in foreclosure. The good news is that the market in south Florida seems to be turning around, with much of the interest in Miami real estate coming from over 500 miles away. Another trend for the housing market exhibited in South Florida is the transition from an owner to a renters home market. See article by Richard Florida here.