Florida was a stand-out in the Federal Reserve’s latest report on real estate in the Southeast region of the United States.

Amid gloomy reports from brokers in the Fed’s Atlanta district, authors of the closely watched economic report card noted Florida was bucking the trend and reporting positive news.

This has been a running theme in the Fed’s monthly Beige Books, with sales of Florida homes outperforming the rest of the South. In tempered language for its July report, the Fed said the Atlanta district’s reports of modest growth in home sales over the prior year came thanks to the Sunshine State.

Continue reading ‘Florida Scores Well In Latest Review Of U.S. Economy.’