Real estate market overview reflects slow, upward improvement

The Real Estate Association of Miami-Dade County recently hosted a panel luncheon discussing the latest developments and projections affecting the five real estate markets: residential, luxury, condo, commercial and international.

The panel of experts was led by moderator Louis Archambault, an attorney with Pathman Lewis LLP, who guided the presentations by Rei Mesa, president, Prudential Florida Realty; Peter Zalewski, broker/owner, Condo Vultures; Thad Adams, senior adviser, The Allen Morris Company; Dana Fernety, vice president, Beacon Council; and Manny Mencia, senior vice president, Enterprise Florida.

“To have a panel with this mix of high-caliber leaders available to the Realtors in such challenging times provided a wonderful first-hand opportunity to present a clearer, encouraging picture on the pulse of each of these markets,” said Martha Bullman, CEO of the Realtor Association of Miami-Dade County. “It really is a good time to buy a home, diversify in different markets and reconnect with the communities we are selling. It is a good time to be a Florida Realtor.”

The Realtor Association of Miami-Dade County has three offices, including one in Coral Gables at 245 Alcazar Ave.