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...

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