So, how’s business lately? Respondents to last week’s Quick Poll question aren’t quite so positive on the question, with 70% responding that “it’s a long ways out” while the other 30% indicate “we’re definitely seeing an upturn.” Cynthia Shelton, president of the Florida Association of Realtors and director of investment sales with Colliers Arnold in Orlando, sees things from both commercial and residential points of view.
“From the residential side, we have seen 12 contiguous months of increase in transaction volume and three months of increased pricing, although very small. Usually that means we’re finally leveling off.
“We will see some markets where drop, but we’re starting to see three to five contracts come in on the housing market. My friends on the residential side tell me they are as busy as they have ever been.