Florida is the most popular state for retirees.

Improvement in the real estate market will begin in 2010 with a stronger recovery by 2011, at which point there will be an increase in absorption of vacant space, rents will start to rise and property values will increase.

Florida is the most popular state for retirees.

Florida real estate mortgages are continuously at its peak: offering low interest rates, low down payment, high home value and abundant housing supply.

Florida’s other traditional support, tourism, collapsed in 2009, as jittery tourists stayed close to home or went elsewhere in search of vacation.

State depopulation and tourism decline hit the state’s only two legitimate growth industries.