flexiblefullpage - default
Currently Reading

Hurricane Irma May Crush South Florida’s New Residential Construction

Advertisement
billboard - default
Housing Markets

Hurricane Irma May Crush South Florida’s New Residential Construction

More than 500,000 single-family homes and 100,000 rental units have been built in the Miami area since 2000


September 8, 2017
Hurricane approaching South Florida

Miami and the rest of South Florida have been a haven for builders and developers over the last two decades. An incoming hurricane, though, may jeopardize all the progress they have made.

CNBC reports that Hurricane Irma, a Category 5 storm expected to hit Florida this weekend, threatens to seriously damage the state’s new construction projects. Since 2000, South Florida has added more than half a million single-family homes and 100,000 units in rental towers.

Hurricane Irma is expected to be even stronger than Hurricane Andrew, which decimated the region in 1992.

The hope is that builders and developers have incorporated new flood and wind resistant design technologies to better withstand a devastating hurricane.

Read more

Related Stories

Housing Markets

These Popular Markets Are Expected to See the Biggest Inventory Gains in 2023

After reaching all time lows over the past two years, inventory is on the rise in metros like Salt Lake City and Dallas 

Housing Markets

Could These Midwestern Metros Be the Next Top Real Estate Markets?

Out-of-state homebuyers are flocking to Midwestern markets like Lafayette, Ind., and Topeka, Kan., where they're finding affordable homes, high-paying jobs, and robust local economies

Affordability

These Are America’s Most Undersupplied Housing Markets

Due to the housing affordability crisis, it's anticipated U.S. home builders will fall short on meeting housing needs in 2023

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category




Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.