If you have had the opportunity to visit Fort Lauderdale, then it’s probably no surprise to you that the area has once again become a hotspot for real estate. As we reported last month, online real estate marketplace Zillow predicts the Miami-Fort Lauderdale housing market will be the second highest for home value increase in 2012.
Following is a market snapshot for the Greater Fort Lauderdale / Broward County housing market, comparing April 2011 with April 2012:
- The number of homes listed for sale decreased 30% (14,046 vs. 9,745).
- The price of homes sold increased over 20% ($173,000 vs. $208,000).
- The number of homes sold decreased 11% (2,604 vs. 2,309), which is consistent with the reduced number of homes listed for sale.
- The number of homes pending sale (under contract) increased 16% (3,077 vs. 3,646).
- The average amount of days a home was listed for sale is down 9.6% (94 days vs. 85 days), which means the time to sell a home is improving.
Since inventory levels are decreasing and home prices are increasing, does that mean it’s too late to get your piece of paradise? Absolutely not!
There are many wonderful homes (and deals) listed for sale in Greater Fort Lauderdale, including popular, gay-friendly neighborhoods like Wilton Manors, Oakland Park, Victoria Park, Fort Lauderdale Beach and the Las Olas area in Downtown Fort Lauderdale. From waterfront homes to high-rise condos and everything in between, there are lots of luxury homes for sale in Fort Lauderdale.
Whether you’re buying a second home or primary residence, you’re sure to find something that suits your needs and tastes in Fort Lauderdale. Plus, you’ll likely feel you’re on holiday every day you’re here!
This guest blog post is courtesy of the Luxury Living Fort Lauderdale group. We enjoy helping clients buy, sell or rent fabulous homes in Greater Fort Lauderdale.
The market here in Kamloops BC is holding steady, average homes sales are most active in the 300-350,000 dollar Range. Kamloops is seeing growth in single dwelling homes being built in Aberdeen, Pineview, Batchelor Hieghts as well as in Dallas/Campbell Creek area. Some of the reasons for this growth is based on the City plan of being open for new businesses.
Several large businesses have been looking at expanding to Kamloops because of this active plan and Kamloops central location in BC. The result is a growing city and a city council that is proactive.
Patricia Love, Realtor ® @ Century 21 Desert Hills Realty 2010 LTD. ® TM
867 Victoria Street Kamloops, BC V2C2B7
Cell: 250-319-9448 Office: 250-377-3030 Fax: 250-377-3099 Email: email@example.com
Check out my two Web sites www.patricialoverealestate.com
Hello from Texas! Dallas is a great city for GLBT home owners. Here’s an update about our markets from the Texas Association of Realtors:
“The Texas housing market gained positive momentum in the first quarter of 2012, according to the 2012-Q1 edition of the Texas Quarterly Housing Report. Here are some highlights from the report:
From January through March 2012, the volume of single-family home sales in Texas was 45,502, 12% more than the same quarter in 2011. The median price for Texas homes during the quarter was $147,100, 2.7% more than 2011-Q1.
Months inventory decreased from 7.6 months statewide in 2011-Q1 to 6.0 months in the first quarter of this year. Economists at the Real Estate Center at Texas A&M University say that 6.5 months of inventory represents a balanced market. The 21% drop in housing stock could mean demand is starting to overtake supply and Texas home prices are about to rise again.”
Texas Pride Realty – Broker / Owner
972-754-0582 cell Bob@BobMcCranie.com
Texas Pride Realty
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