
Sperry Van Ness Florida’s Economic and Commercial Real Estate Trends Report features national and Florida market updates.
Sperry Van Ness Florida
In spite of persistent weakness in many of the state’s housing markets, improvements in professional and business service employment, rebounding tourism, and strong demographic trends – including migration from other parts of the country and from abroad – are bolstering Florida’s recovery.

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With hundreds of new residential units coming on board, read on to see what this means for the Miami multifamily market.
Jennifer LeClaire | GlobeSt
Even as the next wave of condo construction gets underway in Downtown Miami, developers are eyeing the perennial potential of Miami Beach.

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The Miami office market continues to strengthen as vacancy rates decline and developers watch on.
Jennifer LeClaire | GlobeSt
Although a new wave of condo and mixed-family developing is well underway in Miami, office developers are slowing down.

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All eyes are on South Florida’s exports, as they continue to grow and support Florida job creation.
Doreen Hemlock | Sun Sentinel
With the U.S. economy recovering slowly, more South Florida companies are turning to sales overseas, fueling record exports and adding jobs.

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With housing prices and cost of living stabilizing, Florida is beginning to see population growth again.
Wendell Cox | City Journal
One of the leading demographic stories of the past decade was Florida’s population slump. But a surprising story of the new decade is Florida’s population rebound.

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As the healthcare industry continues to grow, more professionals will be needed. Find out how Florida Hospital’s expansion will keep their supply of professionals within reach.
Marni Jameson | Orlando Sentinel
Citing a need to educate more health professionals for the future, Florida Hospital officials today announced plans for a $25 million expansion of its College of Health Sciences on the main Orlando campus near downtown.

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As the job market and unemployment rate have been improving, read about how each real estate sector has potential to improve within the early phase of the recovery.
David Lynn | NREI
We consider real estate to be in the early phase of a cyclical recovery. After a hiring slump in mid-2011, the job market has begun to show signs of strength, as the unemployment rate continued declining in the first quarter of 2012.

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See how forward-thinking cities, like Miami, are utilizing the impact of the recession to rebuild their city and their economy.
Susan Piperato | NREI
The push toward downtown revitalization that began in the 1990s has survived the Great Recession. But in this gradually improving economy, attracting development isn’t easy.

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Plans for train service between Miami and Orlando could mean up to 6,000 more jobs and the potential for 3 million cars to be off the road in Florida. Read more about it in this article.
Kevin Gale | South Florida Business Journal
Florida East Coast Industries is planning a $1 billion project to develop a three-hour Miami-to-Orlando passenger train service by 2014, using a right of way that runs through the downtown areas of South Florida’s coastal cities.

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Florida is taking the lead as one of the best performing in terms of job creation, and several other economic factors. Read on to hear more about the forecasted recovery in Florida, and three other ‘Sand States.’
Steve Matthews | Bloomberg Businessweek
Arizona, California, Florida, and Nevada are the states where homeowners enjoyed the most extreme runup in prices—until the subprime crisis sent the whole housing industry into its sharpest contraction in decades.

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