Florida Realtors® 2024 Real Estate Trends: What’s Next for Fla. Real Estate? – InvestorsObserver

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ORLANDO, Fla.


,


Jan. 12, 2024


/PRNewswire/ — Real estate fuels

Florida’s

economy, and knowing what market trends may be on the horizon helps policymakers, residents and Realtors

®

plan ahead. During the upcoming Florida Real Estate Trends summit, Florida Realtors

®

Chief Economist Dr.

Brad O’Connor

and Dr.

Sean Snaith

, director of the

University of Central Florida’s

Institute for Economic Forecasting, will share their 2024 projections for

Florida’s

economy and insights for the state’s housing market.


Buy/sell, rent/lease residential &
commercials real estate properties.

A highlight of Florida Realtors 2024 Mid-Winter Business Meetings, the Real Estate Trends summit takes place

Jan. 19

from

12:30-2:30 p.m.

at the Hyatt Regency Orlando. The agenda also includes a panel of experts who will discuss

Florida’s

population growth, migration patterns and how higher housing costs are affecting workers, businesses and retirees.

“There are a lot of reasons to be optimistic about

Florida

real estate in 2024,” said Florida Realtors Chief Economist Dr.

Brad O’Connor

. “Inflation has slowed significantly enough that the Fed has halted its rate hikes, and as a result, mortgage rates have likely peaked. At the same time,

Florida

remains a very popular destination for migration from other states and it continues to see one of the highest rates of job growth in the U.S.

“All of this is great news for

Florida

real estate in 2024, but we still face the challenge of an undersupply of homes for sale and the affordability issues that accompany it. Discussions of these issues and more are on tap for this year’s Florida Real Estate Trends event. We’ll provide you with the latest statistics on the

Florida

real estate market and we’re bringing in one of the nation’s top economic forecasters –

Florida’s

own Dr.

Sean Snaith

– to provide the broader outlook for

Florida’s

economy as well.”

Panelists include

Jeff Johnson

, state director, AARP Florida;

Jimmy Heckman

, chief economist and labor market information director, at the Florida Department of Commerce;

Heather Kasten

, president and CEO,

Greater Sarasota

Chamber of Commerce; and

Jennifer Warner

, a Florida Realtors economist and director of economic development.

There are two ways to attend the 2024 Real Estate Trends event on

Jan. 19

, either in person during Florida Realtors 2024 Mid-Winter Business Meetings or virtually. For more information, go to

2024 Real Estate Trends

on Florida Realtors’ member website.


Florida Realtors



®

serves as the voice for real estate in

Florida

. It provides programs, services, continuing education, research and legislative representation to more than 238,000 members in 51 boards/associations. Florida Realtors



®

Newsroom website is available at

http://floridarealtors.org/newsroom

.

Cision
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SOURCE Florida Realtors

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