The Sunshine State Sizzles

Florida still holds the title as the hottest market in the Southeast for
home prices, soaring nearly 27 percent last year, according to an analysis
report issued by the Federal Deposit Insurance Corp. The median price for a
home in Florida rose by a record rate of $56,000 in 2005. Leading the pack
was Naples at $113,000 in appreciation last year. The overall report also
shows healthy job creation across the region. Florida is generating jobs at
the fifth-fastest rate in the nation and tops in the Southeast.

Construction, retail and temporary jobs are multiplying the most, creating
pockets of worker shortages in southwestern parts of the state. As a result,
the state has the third-best unemployment rate in the United States.

Source: The Florida Times-Union, (04/06/2006)

Posted by Donald Urschalitz P.A. at April 28, 2006 03:56 PM