Residents of South Florida are starting to clean up from Hurricane Irma, which recently roared through the area. Those who were looking to buy or sell a home before the hurricane may wonder how South Florida's real estate market fared after the storm. They may be pleased to hear, then, that according to industry observers, while closings and home deliveries may experience a delay, it should not affect the market too much.
In Miami-Dade, Palm Beach and Broward counties, Hurricane Irma did uproot trees, cause some damage to patios and scatter debris in the roads. For those who were in the process of selling their home before the hurricane, their homes will need to be reinspected, according to a regional manager for Supreme Lending. This manager concedes that it may take a few weeks for things to return to normal, but he believes the market will bounce back relatively quickly.