South Florida condo market faces headwinds amid the new construction boom

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3 Trends in South Florida Construction for ’15. 2) Demand isn’t slowing. Brian nevertheless anticipates that robust South Florida construction demand of ’14 will intensify throughout ’15. The Miami-Dade market is leading the way, especially in the residential condo market, which is spurring growth in retail and other markets.

Much of the attention heaped on South Florida’s struggling condominium market has been focused on the sexy, luxury towers that shot up along the coastal waterways. Before the curious eyes of the world.

Construction, retail and anything to do with the visitor industry should do well.” Villamil said employment in South Florida is growing across multiple industries: “It’s more diverse than just a boom.

The South Florida condo market isn’t an entire bear though according to real estate expert Richard Swerdlow, CEO of Miami based "Although we are experiencing soft prices and distress in certain projects in the South Florida condo market there is still demand for condo units here" says Swerdlow.

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Be the first to know. The activity in Greater Downtown Miami – the most active market in the region – has spread throughout South Florida to the point that at least 417 new condo towers with nearly 50,800 units are currently in the pipeline during this cycle that began in 2011, according to the data. To date,

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Cranes still hover at construction sites throughout South Florida, tall testimonies to the high-rise construction boom that has rebuilt skylines on the state’s Southeast coast.

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Get used to a skyline filled with construction cranes. Hundreds of new downtown rentals approved – The san diego union-tribune civic San Diego reviews 7 projects with 1,650 apartments in may be a.

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