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Since the tsunami of interest from individuals and businesses came crashing upon the shores of South Florida in the early months of the COVID-19 pandemic, the flood of intrigue and investment into the region has shown no sign of subsiding. Despite pervasive fears of contraction in urban areas across the country, South Florida’s intensifying relevance—both nationally and globally—offers a reliable basis for optimism in the region’s real estate market and overall economy.
No longer is Florida exclusively a paradise for retirees occupying their days with golf, playing bridge and catching the early-bird dinner special. In recent years, Florida—specifically South Florida—has experienced one of the largest migration booms in U.S. history. And according to some reports, it’s expected that the population of South Florida will continue to grow by roughly 18,000 people a year for each of the next five years.
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