Floridians more upbeat about real estate

Floridians are feeling better about the real estate market, and hopes are rising that government stimulus money will help to unfreeze markets and reinvigorate business, according to a new University of Florida survey. "People believe, in some instances, that a lot of what the government is doing to try to inject capital into the system may actually have some effect," said Timothy Becker, director of UF's Bergstrom Center for Real Estate Studies, in a media release. "Positive responses to several questions lead us to believe there is light at the end of the tunnel." In December, the survey showed that confidence in real estate markets had sunk to its lowest levels since the survey began in July 2006. After three years of steady decline, respondents’ perception of their own business outlook has improved, according to the survey.

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