Florida real estate market rapidly returning to ‘normal’

Florida real estate market rapidly returning to ‘normal’

WASHINGTON – Oct. 26, 2016 – According to Freddie Mac, the nation’s housing market is almost back to normal or, in Freddie’s terms, “on the outer edge of its historic benchmark range of housing activity.”

The study also found that Florida and many of its metro areas are improving quickly.

The state came in second to Nevada as “most improved,” and four metro areas made the top five for most improved month-to-month: Las Vegas, Palm Bay, Tampa, Orlando and Sarasota.

In Freddie Mac’s list of metro areas most improved year-to-year, four Florida cities made the list: Orlandoranked first at No. 1, followed by Tampa, Chattanooga, Palm Bay and Lakeland.

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