Local Market Monitor recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy.
“New data suggest that home prices will be lower in many local markets during the next year. Most suggestive is that prices were lower in Florida in the last two quarters. Florida is often a leader in home price trends because of the steady number of homes that come on the market as the large retirement population turns over.”
Click here to read more at Local Market Monitor.
