Tuesday, December 24, 2019 / by Jordana Tobel
Before discussing what’s in store for 2020, let’s summarize the 2019 real estate market: the 2019 housing market included low rates, high demand, and limited supply. Supply was most limited on the lower end of the market.
What’s to Come in 2020
In regard to what’s to come in South Florida, we look to the experts. On December 13h, at Brickell City Tower in Miami, the sixth annual Market Review provided an overview of the state and future of South Florida’s market. One important point that came out of that discussion is the fact that South Florida will continue to see a swell of transplants from northern states in the coming decade, a trend that will result in the continued upward trajectory of the residential market.
2019 South Florida Market Review anticipates growth.
South Florida Surge
Equally important is the surge of new companies relocating to the tri-county area. T. ...