The furniture market in Miami is currently experiencing a significant growth due to the high demand from new residents moving to the city. With more than 1000 people moving to Miami every day, the demand for furniture to furnish rental properties, homes, and apartments is at an all-time high. According to a recent Zillow forecast, Miami is expected to be one of the nation’s hottest housing markets in 2023.
Factors driving the growth in demand
According to Samuel Arakel, an expert in the furniture market in Miami and a co-founder and brand strategist of EQ Modern Furniture, the influx of new residents to Miami is driven by a variety of factors including the city’s warm climate, diverse culture, and thriving job market. Additionally, the city’s growing reputation as a premier tourist destination has also contributed to the increase in population and demand for furniture.
EQ Modern Furniture: Meeting the demand
EQ Modern Furniture, co-founded by Samuel Arakel, offers a wide range of options for modern and functional furniture, with over 50 models of sleeper sectionals and sofa beds available in stock. The store prides itself on its ability to provide a variety of modern styles to meet the diverse needs of its customers. They also offer a custom-made furniture service, allowing customers to design their own pieces with the materials they desire.
As one of the largest furniture stores in the US, EQ Modern Furniture provides high-quality, functional and stylish pieces that are suitable for any space, from traditional and elegant furnishings to modern and contemporary designs. They also have a strong commitment to eco-friendly materials and have many certifications. With Miami being one of the nation’s hottest housing markets in 2023
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