The Miami real estate market is one of the most resilient markets in the world and certainly the strongest market in the State of Florida. It was left for dead after the 2008 market downturn and even optimistic projects estimated it would take at least a decade to rebound. Fast forward to 2015 and the Miami market is seeing eye-popping growth, not only in construction starts, but also a rebound in prices.
Tim Becker, CCIM & Director, Kelley A. Bergstrom Center for Real Estate Studies, is our special guest for this first of a four part series of the State of Florida’s major real estate markets, in preparation for the Center’s Trends and Strategies Conference February 26-27 in Orlando, Fl.
In this part of the series Tim gives a brief overview of what is moving and shaking in the Miami real estate development scene and some areas of potential concern. If you are an active or aspiring real estate investor in the Florida markets, you will definitely want to catch all four parts of the series.