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Uncertainty keeps Florida real estate down

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A slump in the real estate market is expected for a second consecutive quarter.  A survey from the University of Florida Bergstrom Center for Real Estate says real estate experts and investors see a glum future in most of the real estate markets in Florida.  Center Director Tim Becker says economic uncertainty is to blame.

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He says high unemployment and foreclosure rates have pushed occupancy in rental apartments up.

About Ethan Magoc

Ethan is a news editor for WUFT News. He's a Pennsylvania native but has found a home reporting Florida's stories. You may reach him by emailing emagoc@wuft.org or calling 352-294-1525.

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