This is the best news I have seen in some time, although it is mainly happening in Miami. That being said, traditionally development in the South Florida region starts South and goes North. So what this means is when they hit capacity it will head North and Broward and Palm Beach Counties will eventually benefit. It is very important to note that these are condo projects, not rentals. Very good sign!
Condo Boom Taking Hold in South Florida
MIAMI-While still accounting for about half of the condominium construction development that occurred in the last condo building boom (2003-2010), condo development is once again in vogue in South Florida.
MIAMI-While still accounting for about half of the condominium construction development that occurred in the last condo building boom (2003-2010), condo development is once again in vogue in South Florida.
In more good economic news, looks like the economy is continuing to strengthen.
Solid Reports Bolster Hopes That Economy Is Strengthening
By REUTERS
Published: December 23, 2013
Orin Rosenfeld
President
Rosenfeld Realty Advisors
9858 Glades Rd. Suite 209
Boca Raton, FL 33434
Phone: 561-756-1665
Fax: 561-470-0707
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