SE Florida - 4th Quarter 2024 Market Highlights

In the episode we give a brief overview of what we saw in our #SouthFloridaCRE market after the elections and the Fed's two rate decreases. Listings that we had not been get much activity on went under contract or was leased, buyers we had on the fence put in LOI's, and we started hearing from other brokers that they were seeing the same thing. The market hates uncertainty and once we knew who won national, state, and local elections and that the Fed wasn't going to rapidly decrease rates due to stubborn inflationary signs, the market was ready to start executing. Tune in next week when we do a deeper dive into what expectations are for #MiamiCRE in 2025 based on highlights from the #CCIMMiami Outlook Conference.