Florida Jobs Outlook Market Data.

Florida Jobs Outlook

Florida Jobs Outlook An April report by Wells Fargo predicts “a major rebound” in Florida employment generation, sparked by tourism and hospitality industries. In ranking states by regional competitiveness, Florida scored first in the Wells Fargo study. Contact Parker Associates at www.parkerassociates.com for more information or email us at info@parkerassociates.com.

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The housing outlook from Parker Associates.

Wall Street Journal Reports Pending Price Bottom

After a fall of 31 percent from the 2006 high, housing prices are estimated to be approaching bottom, according to a Wall Street Journal article quoting the S&P;/Case-Schiller national composite home price index.  “Housing prices will bottom in 2011” states Scott Simon, managing director at Pimco, who correctly predicted the housing crash in 2007.  However, the article cautions, do not expect to return to the glory days of 2005 and 2006.  Modest price recovery is the consensus of most money-management experts.  Contact Parker Associates for more information at info@parkerassociates.com. 

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Housing price projections moving forward from Parker Associates.

New Home Price Projections

New Home Price Projections In preparing revenue projections for budget planning, many builders rely upon past trends to forecast price increases for future years. This method turns out to be very misleading after the enormous price fluctuations of 2004-2011. A ten year trend of average price changes from 2001-2010 produces an overall average of 2.7 percent, whereas the ten years of steady growth from 1994 through 2003 provides an overall average of 4.7 percent (median of 4.4 percent) – a 74 percent differential, within a range of 3-6 percent. The 1994-2003 period following the recession of 1990-91 is a reasonable model for recovery from the 2007-09 recession despite the lingering […]

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Parker House conglomerates to understand the housing market and research data.

Housing Outlook

Housing Outlook NAHB Chief Economist David Crowe indicated that the building industry soon should be seeing tangible signs of improvement. Speaking at the Annual Construction Forecast Conference in April, Crowe cited positive factors such as affordability, favorable mortgage rates, tiny inventories of newly-built homes, declining vacancy rates, and pent-up demand caused by delayed household formations. “By the end of 2012, I expect new-home sales and starts to be back to where they were around the beginning of the recession in late 2007,” Crowe stated. He was even more positive about multi-family demand, projecting a 23 percent increase in 2011 starts, followed by greater gains in 2012. Contact Parker Associates at […]

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GDP Experts on data and market research, Parker Associates.

Gross Domestic Product Growth

Gross Domestic Product Growth Positive signs of economic recovery were reported by U.S. GDP growth in the first quarter of 2011. Despite the limitations of poor weather, high gasoline prices and slower consumer spending, strong job increases reinforce other factors supporting a sustainable economic recovery. Substantial private-sector contributions to economic expansion continue to increase the prospects for 2011 growth. Contact Parker Associates for more information at info@parkerassociates.com.

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Development opportunities are what we are experts in.

Profit Opportunities Still Available

Profit Opportunities Still Available Despite the length of the Great Recession and its lingering tail, development opportunities of unusual value still come to Parker Associates on a weekly frequency.  If you are in the real estate investment market, please contact one of our senior associates to review our files on available opportunities. “Tell us of your primary interest area and we will respond promptly,” Parker Associates Senior Associate Chris Parker.

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