To gain insight into current trends in Florida’s real estate industry, the University of Florida’s Center for Real Estate Studies recently conducted a new statewide quarterly survey of industry executives, market research economists, real estate scholars and other experts.

The threat of spiraling insurance rates was mentioned as the biggest concern, followed by the softening housing market as the second most-mentioned trend.

Still, even if a sharp downturn in the housing market occurs as some analysts predict, Florida will be less affected by it than other states because of the insulating effect of its high population growth rates, said Dr. Wayne Archer, director of UF’s Center for Real Estate Studies. Despite some people’s worst fears, housing is unlikely to suffer the same fate as tech stocks at the beginning of the decade, he said.

For more information on this and other real estate matters, your first source for Palm Beach real estate should be licensed agent and long-time resident Caesar Parisi.

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