A new report by Attorneys' Title Insurance Fund and posted on www.fundhomeinfo.com, finds that Florida's housing markets slowed in 2006 in nearly every geographic region. The report also shows that Florida's economy has downshifted from a period of spectacular growth to merely strong growth and will continue through 2007 and into the first half of 2008 before giving way to more robust growth.

The Real Estate Index Forecast was created by economist Hank Fishkind of Fishkind & Associates, Inc., using the Fund's online system of deed data for more than 30 Florida counties. The report provides a snapshot of the national economic outlook and county-specific forecasts for 2007 through 2009.

“As the 2007 Real Estate Index Forecast report indicates, Florida's housing markets bottomed out in 2006 across most of the state,” stated Fishkind. “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.”

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