A recently unearthed classic Fishkind Folly.  Florida Real Estate Market Bottomed Out in 2006

Highlights:

Feb. 1, 2007  -  The report also shows that Florida’s economy has downshifted from a period of spectacular growth to a period of strong growth and that will continue through 2007 and into the first half of 2008, before giving way to more robust growth.

“As the 2007 Real Estate Index Forecast report indicates, Florida’s housing markets bottomed out in 2006 across most of the state,” says economist Hank Fishkind of Orlando-based Fishkind & Associates Inc.  “However, the shape of the bottom varies widely across Florida’s metropolitan areas based on variations in the degree of speculative overbuilding that has occurred, the pace of household formation, and the changes in pricing.”

The Real Estate Index Forecast was created by economist Hank Fishkind of Fishkind & Associates.


By my count Henry has baselessly asserted that Florida's housing market bottomed out in 2006, 2007 and 2008.  My head is swooning in anticipation of the 2009 declaration. 

More detailed Fishkind analysis:

Fishkind's Florida Folly
Response to Comment Regarding the Unenviable Record of Henry Fishkind