Published at: 2016-03-30 13:36 | Author: CIJ Florida
The negativity around the residential market in southern Florida is unwarranted, says a recent report because the market has changed.
South Florida’s condo market is readying for a soft landing rather than the crash that many experts have predicted. That’s the claim by a recent report prepared for the Downtown Development Authority by Integra Realty Resources’ senior managing director Tony Graziano, who cites a variety of factors, including a lack of leverage for condominium purchasers and a mature market.
Graziano found that the pre-construction market remains stable with 78 percent of the existing, under-construction inve...
Graziano found that the pre-construction market remains stable with 78 percent of the existing, under-construction inve...
Similar Stories:
Urban Investment Partners and United NYA secured a $35m construction loan for the developm
»
Capital Investment Group broke ground on a new apartment complex in Orlando’s Lake Mary
»
Goldman Sachs approved a $113m refinancing package for the Lightstone Group. The funding w
»
Berkadia has secured $327m in fixed- and variable-rate financing for Brookdale Senior Livi
»
Hurricane Hermine had the entire state of Florida on the edge of its seat in September. It
»
There are approximately 17,000 units in Miami in presale, sold or under construction. Abou
»
The same year Orange County builders pulled 11,000. Fast forward to 2010 and those numbers
»
Fast forward to 2010 and less those numbers had plummeted to just 900 permits were pulled
»
