The University of Central Florida's economic outlook for the state for 2012-2042 shows a tough climb out of the Great Recession, with unemployment remaining "obstinately high" and not falling below 8 percent until the fourth quarter of 2014. A new housing peak, the report says, will be reached in 2026. So if you're looking to sell your Florida home and get maximum dollar for it, you only have to wait another 14 years!
But note -- UCF forecasts that home prices won't reach the highs they saw during the bubble at any time in the next 30 years. The highest they'll come is 74 percent of the housing bubble high. In 2026.
http://iec.ucf.edu/file.axd?file=2012%2f8%2fflforecast_jul2012_s.pdf
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