lisabomar's Blog: Florida Market Trends

A University of Florida study suggests the state's single-family residential housing market has bottomed out.

"If you're thinking of buying a house, there's probably not much to be gained by holding out at this point," said Wayne Archer, director of UF's Bergstrom Center for Real Estate Studies. "It doesn't look like prices are going to fall anymore."

The quarterly survey of real estate industry professionals completed in January shows the share of respondents observing a drop in single-family housing prices has dipped, while a growing number find prices staying even with inflation.

"We see that as a benchmark," Archer said. "When prices maintain the same level as…