Residential market buffeted, but there’s reason for optimism

South Florida’s residential market is getting hit in many directions by the pandemic, but there is optimism the region will be a national leader when the pandemic winds down.

The ongoing trend of New Yorkers moving to South Florida for tax reasons could accelerate as they rethink living in a densely packed urban area, some developers says.

A fresh supply of new homes is still coming as workers have remained on the job at residential construction sites in South Florida.