Elliott Realty Services Inc
Elliott Realty Services Inc
Jun 30, 2020
While South Florida has some inherent difficulties specifically with condo over-supply, the single family housing houses and homes market in Miami and South Florida is holding it's own mainly due to low interest rates and pent up demand. Deals are getting done. The Miami commercial real estate market shows some uncertainty as retail and office sectors are slow, industrial deals may be holding. Many differences in demand are pushing new trends. Maybe the best way to say it would be that the trends were there and the virus accelerated the trends. Miami and South Florida need to see the return of the tourist trade to come back for consistent data.