10 Commercial Real Estate Questions That Need Answers In 2023
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The new year is beginning with “more uncertainty across the United States and the world.”
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How Will The Recession Impact Commercial Real Estate?
According to the global chief economist for CBRE, high interest rates will make 2023 a challenging year for commercial real estate. Still, he doesn’t predict a deep recession leaving an optimistic CRE outlook for the year ahead.
South Florida CRE Out Performing Other Markets Entering 2023
Although other major CRE markets in the U.S. are struggling with rising inflation and interest rates, South Florida’s industrial, office and retail sectors are holding steady thanks to low vacancy rates, rising average asking rents and bountiful sales volume. CLICK ON THE HEADLINE FOR MORE
In Florida, Gentrification And Increased Property Values Follow Hurricanes, Says New Study
Wealthier people tend to sweep into impacted communities, purchasing homes even at the increased purchase price following a hurricane according to a new study. The data showed home prices in hurricane-ravaged areas are 5% higher on average than unaffected ones, which attracts people who could afford them. CLICK ON THE HEADLINE FOR MORE
Florida Is Now Fastest-Growing State In Country, Census Shows
The rate of Florida’s population change has fluctuated over the decades, peaking in the 1950s, and tapering off into the 21st century. In 2022, Florida was the fastest-growing state in the U.S. CLICK ON THE HEADLINE FOR MORE