Miami’s prime real estate season is just heating up, contrary to the scene around most of the country. People vacation from other states and from overseas, and flock to the beaches and popular night spots. Many of the visitors come strapped with cash and are eager to purchase a condo or vacation home. Industry professionals best be on their toes, then, because a strong December can set up for a lucrative, successful 2014.

To help in preparation for the new year, Miami Agent assembled an expert panel of industry professionals to share their insight about how the recovery is going and to predict what the industry can expect going forward. Read on as panel members peer into their crystal balls regarding inventory, lending, new construction and the overall real estate scene in Miami.