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Florida Keys are in an economic upswing with 4.7% unemployment rate.

Four Florida counties reported unemployment below 6 percent, with Monroe County -- the Florida Keys -- the lone county reporting unemployment below 5 percent, at 4.7 percent. .

 
PRLog - Dec. 3, 2012 - KEY LARGO, Fla. -- Florida's unemployed rate dipped to 8.5 percent in October, its lowest mark in nearly four years, the Department of Economic Opportunity reported Friday.

Four Florida counties reported unemployment below 6 percent, with Monroe County -- the Florida Keys -- the lone county reporting unemployment below 5 percent, at 4.7 percent. .

Hendry County in Southwest Florida reported the highest unemployment at 12.6 percent. Six Florida counties had double-digit unemployment rates in October.

Unemployment and job creation were a major part of the debate between Obama and his Republican challenger, Mitt Romney. It's also the hallmark of Florida Gov. Rick Scott, whose political future could hang in the balance on his 2010 campaign promise to create 700,000 new jobs in Florida in seven years.

Key Largo Florida, December 3rd 2012, Key Largo’s top Producing Realtor Sally Stribling remarked, "The unemployment rate below 5% is just incredible and I am so glad to see it get this low..

When asked how this could possibly benefit the Upper Keys Real Estate market, Sally remarked, “Increased Employment means more people  need a place to live which means more new home buyers as well as more renters for our homeowners who use their homes as rentals

If you look at the great mortgage rates and the prices here, this makes it a good deal for both potential home owners as well as investors.

Sally Stribling, REALTOR with Coldwell Banker Schmitt Real Estate company, specializes in the sale of fine Homes and Condos in The Florida Keys.

Sally provides buyers and sellers with in-depth professional assistance in the sale and purchase of residential property. If you are interested in buying or selling a home, and want the professional assistance of a seasoned expert, who will work diligently in an effort to satisfy your needs, please call Sally anytime at 305-453-7552

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***@keysbestproperty.com Email Verified
Source:Sally Stribling
Phone:305-283-2002
Zip:33037
Location:Key Largo - Florida - United States
Industry:Agent
Tags:key largo, Real Estate
Shortcut:prlog.org/12035311
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