Noah Breakstone and Peter Mekras L-R Noah Breakstone,CEO and managing partner at investment and development firm BTI Partners LLC in Fort Lauderdale and Peter Mekras president of real estate and investment merchant bank Aztec Group Inc. in Miami.

The Federal Reserve’s two interest rate cuts this year generally bode well for the real estate market, although it doesn’t necessarily feed more construction.

The Fed lowered the benchmark interest rate in July for the first time since the Great Recession a decade ago and then again in September. Each decrease was 25 basis point, or a quarter percentage point to lower the Fed fund rate at 1.75%-2%.


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