Water’s Edge luxury condominiums, a catalyst in the Downtown Clearwater renaissance, is now one of the most popular selling luxury properties in Tampa Bay, with its sales mirroring consumer confidence.
March 16, 2011, Tampa Bay (Clearwater), FL — According to Tampa Bay Business Journal, nationwide consumer confidence has risen to 60.6, the highest it has been since May 2010. Florida consumer confidence has also risen – 77, up from 70 in December. This security in the economic future is leading Americans to purchase items they would not have purchased during the recession – such as real estate. Case in point: condo sales have increased 11% in Florida. Water’s Edge, the 26-story Downtown Clearwater landmark, now has over half of its units sold.