Friday, April 06, 2007

Noted economist calls a bottom to local real estate markets

Noted economist and financial oracle Henry H. Fishkind is calling a bottom to the Sarasota and Manatee county real estate markets. He sees the market staying at the bottom for 12 to 18 months to burn through existing inventory and then begin a 3 percent to 4 percent annual growth climb. He shared his views at Town Hall on Thursday, during a luncheon sponsored by the Lakewood Ranch Civic Action Forum.

You can read more about his speech here.

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