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Miami market settling into slowdown in 2017: RE players

Ezra Katz: “Underwriting standards are changing and lenders are becoming more conservative”

From left: Downtown Miami (Credit: Azeez Bakare Studios), Jay Parker, Mika Mattingly, Arnaud Karsenti, Ezra Katz and Taylor Collins
From left: Downtown Miami (Credit: Azeez Bakare Studios), Jay Parker, Mika Mattingly, Arnaud Karsenti, Ezra Katz and Taylor Collins

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From the South Florida website: Miami’s real estate market experienced the first wave of a slowdown in condo sales at the start of 2016, with some experts warning it could lead to a recession by the end of the year. Twelve months later, South Florida real estate didn’t implode, but the industry is beginning to feel the pinch of a bear market. [more] 

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