APRIL 2, 2013 by ge.admin
Florida’s Rising Consumer Confidence
A recent study at the University of Florida has shown that Florida’s consumer confidence is among the highest in the nation, rising from 73 points to 76 in March. This rise in confidence was uncanny and somewhat unexpected, according to Chris McCarty, UF’s director of Survey Survey Research in the Bureau of Economic and Business Research, since the confidence level for the rest of the United States fell by about six points due to the recent federal budget cuts.
Overall, Floridian consumers are more confident almost entirely across the board, as four out of five components represented in the survey went up from February. This confidence comes with good reason, as the state’s unemployment rate is significantly lower than that of the rest of the United States. This important factor has led many consumers to believe that now is the time to purchase such “big-ticket” items as automobiles and homes. The entirety of the survey can be found here, at the UF website: http://www.bebr.ufl.edu/cci.
The Effects on the Real Estate Market
With this increase in confidence, the Brevard County real estate market continues to expand and grow. One of the most important tools assisting homebuyers as they search for new real estate endeavors is the Brevard MLS. This extremely helpful tool enables the public to search for properties and discover a good deal of important, verified information. It also helps to distribute information amongst brokers and real estate agents, allowing them to assist their clients in finding their dream homes.
So, Florida’s rising confidence is a great step forward for Brevard County’s real estate market, making now a great time to look for a home. Brevard MLS is a great tool for connecting buyers with their dream homes.