“Prices on average will flatten. Some niches, like condos, might see a reduction. But we're not going to see anything that's inconsistent with what Florida has experienced in the past.”
“Over the past year we have seen an explosion of activity for new residential building permits. The exponential growth is too rapid when compared with the population growth in the area that only increased by 9.7 percent in the last two years. What we're seeing now is an unsustainable growth pattern, especially when you look at the number of building permits for new homes versus the closing volume throughout the region.”
“I think the implications are positive. Worldwide, what you see is, when you have more participation by minorities in commerce, the more vibrant their economies are.”
