(Carl Cronan is editor of RealEstateFlorida.)

MIAMI-Finding a silver lining might have been difficult amid thedoom and gloom relayed during Incisive Media's third-annualRealShare South Florida conference Wednesday at the Hyatt Regency.Yet that didn't prevent a few panelists from trying to present someupside to a downtrodden commercial real estate market.

Keynote speaker Mark Vitner, managing director and senioreconomist for Wachovia Corp., pointed out that Lee County may beamong the nation's worst housing markets because it had zero growthin single-family home construction starts this past spring. On theother hand, Vitner said, "You can't have negative housinggrowth."

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.