The Real Deal Miami

Florida home prices expected to dip 10%

January 19, 2011 02:59PM

Despite Miami’s 12-percent jump in median home prices late last year, Florida’s residential market still hasn’t hit bottom, according to a forecast from TD Bank Financial Group. The bank, which estimated a rebound could occur sometime in 2012, said that it expects prices to dip 10 percent statewide as more inventory is put on the market. “Florida’s housing market still has a long way to go before it recovers,” said Alistair Bentley, an economist with TD Bank. [Palm Beach Post]

5 Responses to “Florida home prices expected to dip 10%”

  1. January 27, 2011 at 7:55 am, Anonymous said:

    I remember when realtors use to say “We will collect ALL the offers and we will let you know…”, jajajajaja. Mr. Realtor, be smart, say ” I’m taking your offer, it is the only one…therefore you have big chance to negotiate…I would feel motivated and probably I will want to get the house much faster. Mr. Realtor, try that one, trust me, you will have better chance to sell, AND you say the TRUE!.

  2. January 20, 2011 at 12:00 pm, Anonymous said:

    And the guy in the picture looks like he would know, right?

  3. January 20, 2011 at 12:36 pm, Anonymous said:

    He is clearly out of touch with the Miami Beach market

  4. January 20, 2011 at 1:29 pm, Anonymous said:

    1 of 8 of my coworkers will default their mortgages this year (2011), Florida will fall another 20 % Realtors!!!

  5. May 17, 2011 at 9:11 am, Leaidan said:

    Kewl you sohuld come up with that. Excellent!

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