With all the negative talk in the news and in the local rags you would not know that there are many bright spots in our horizon. Northwest Florida is poised and ready to blossom and flourish. Many renowned and respected groups such as CNNmoney.com, American Express, Fortune Magazine and others are encouraged about our Real Estate market here.
- Long-term financial and demographic trends continue to favor Florida, whose economy is fundamentally strong and diversified. The state's population is expected to increase by three-fourths (to 28.6 million) by 2030. Its demographic growth rate regularly outperforms that of the rest of the country: over the past forty years, its annual rate of growth has outpaced the national average by 100%. By 2010 Florida will pass New York to become the country's third most populous state.
- Florida's strong, diverse economy routinely outperforms the U.S. average, with a vibrant tourism industry, lots of high-tech jobs and a strong high-tech manufacturing sector. A big military presence with a number of busy and growing bases provides stability to the area's economy. Within Northwest Florida, Walton County has one of the lowest unemployment rates in Florida and the United States.
- Florida is the strategic and economic center of the Americas. Geographic location, as well as financial and political stability, puts the State at the heart of trade and business throughout the region. Vacation property sales to retiring Baby Boomers are robust, and the State is a favorite spot for retirement relocation.
And if all that is not enough, we still have the most beautiful beaches in the world.
The Florida panhandle's beaches are Florida's second
favorite tourist destination, trailing Orlando. The Florida Panhandle's beaches attract more than seven million tourists yearly, more than any other stretch of beach on the East Coast.
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