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Housing has historically been a significant driver of Florida’s economy – especially during the red hot boom of the past five years. Now that the housing market has cooled, many real estate professionals and consumers are holding their breaths on whether 2007 will bring another sluggish housing cycle or new opportunities reminiscent of boom years. Recent numbers are not reassuring. Reports from the Florida Association of Realtors® (FAR) show that Realtor sales were down in each of the first three quarters of 2006. And, with declining existing single-family home sales and condominium sales in October and November, the fourth quarter of 2006 is not expected to show signs of a rebound when the numbers come out at the end of January. In fact, according to FAR, quarterly Realtor® sales numbers show double-digit decreases in percent change when compared to similar timeframes in 2005. 
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