School News

The Real Estate Business is Coming Back!

- Dec 08, 2011      Archive

Hard to believe 2011 is coming to a close. As I look forward for some positive indications of a turnaround in the real estate school business, I look to various signs. One, of course is home sales. In the Florida REALTOR® online magazine reports the following:

“ORLANDO, Fla. – Nov. 21, 2011 – Florida’s existing home and existing condo sales continued to show gains in October, according to the latest housing data released by Florida Realtors®. Existing home sales increased 13 percent last month with a total of 13,755 homes sold statewide compared to 12,145 homes sold in October 2010, according to Florida Realtors.

“Statewide, both sales and prices are above where they were this time last year,” noted Florida Realtors Chief Economist Dr. John Tuccillo. “The monthly median prices have ticked down slightly for the past few months, but the overall trend continues to show gains year-over-year”.

Another indicator is the fact that students taking the Florida pre-license state exam in November of this year compared to last year are up 25%. This is a tremendous indicator that people are feeling much better about the aspects of the real estate brokerage business and real estate in general.

For our real estate economy to improve you have to have people feeling good about the real estate market, which in return reflects people’s feeling about the real estate brokerage business and this, in turn, reflects on the real estate school business.

Frank Cooke
Cooke Real Estate School