From the March issue: Developer-in-chief Donald Trump is a boon to confidence in South Florida’s real estate industry, according to law firm Berger Singerman, which last month released a survey of 100 local industry pros showing that 53 percent of respondents expected the area’s real estate market to be better than in 2016.
“President Trump brings a unique perspective given his decades of experience in the real estate sector,” Barry Lapides, a partner at Berger Singerman, told The Real Deal.
However, most respondents weren’t ascribing their positive outlook solely to the new president. “Other reasons included consumer confidence, high foreign investment, and a strong economy, which was the primary reason cited for optimism in the South Florida real estate market,” the survey said. [more]