The glut of vacant commercial real estate during the nation's recent economic downturn was arguably just as troubling as residential foreclosures. Development deals stalled, and office buildings sat vacant with no tenants. But now it appears that South Florida may be...
Month: April 2012
What does ‘shadow inventory’ mean for Florida buyers?
South Florida residents may have heard the term "shadow inventory" creeping into conversations more frequently in recent months. The term refers to the foreclosed homes that remain on the real estate market to be sold at a discounted price. Shadow inventory is good...
How should Broward County residents prepare to buy real estate?
As we've discussed previously, there are many indicators that residential real estate in South Florida -- and specifically in Broward County -- is beginning to surge forward while the rest of the country's housing market slowly bottoms out and recovers. In light of...
Residential property in Florida: Strike while it’s hot
Previous posts on this blog have noted the sense of a generally improving real estate market in the nation, and especially in Florida. Recent data indicates that Broward County in particular, and South Florida overall, may be at the starting gates of what could turn...
