Florida Real Estate News - A Look Back At 2013


Posted January 2, 2014 by erhenrydavid

At listening to any real estate news around you and analyzing the Fort Lauderdale real estate during the year, you come to know that Fort Lauderdale area real estate prices are booming.

 
At listening to any real estate news around you and analyzing the Fort Lauderdale real estate during the year, you come to know that Fort Lauderdale area real estate prices are booming. While we can say that the residential real estate market has experienced a less than outstanding performance during the year 2013, South Florida real estate stands as an exception. We can say that during the recent years home values have definitely taken a hit but as per the current data there has been a price appreciation that is above the national average. Homes for sale in Fort Lauderdale fl have definitely climbed up. There has been an increase of 53 percent year after year. It is the decreasing interest rates that are encouraging more buyers to access the Fort Lauderdale real estate listings and purchase homes. All this calls for a positive outlook towards the situation.

Florida real estate will definitely prosper in future owing to growth in Florida’s population contributed by those relocating from other states. However, there are also other factors that may encourage the upswing in the Fort Lauderdale real estate listings. International migration can lead to the recovery of the real estate market in Florida. It not only will add to the advantage of real estate market but will also strengthen the economy. This will surely make more people access the list of homes for sale in Fort Lauderdale fl.

With the estimated job growth of approximately 2 percent, Florida holds the third place. In South Florida the situation is better. These booming percentages indicate that not only there will be a demand for homes for sale in Fort Lauderdale fl, but an increasing part of population will be able to find it affordable.

Since 2009, the market value of single family homes has been dropping down. However, this has only benefitted the Fort Lauderdale real estate listings in two ways. The reduction in process of homes along with the reduction in interest rates has made it easy for denizens of South Florida to own a single family home. Majority of the prospective buyers will find it easier to get homes due to this reason. Recent price increase also indicates that investors as well as builders are now getting interested in entering the real estate market. We can see that Florida in the coming years will have a healthy real estate market with an estimated number of 200,000 residents immigrating to the city.

It can be said that the year 2013 can be called as a moderate one for Florida real estate. It cannot be termed as an outstanding period for the Florida real estate market while we cannot term it as a total slump down. It had been a neutral stage wherein both the buyers and sellers were moderate in their approach. Yet, analyzing the Fort Lauderdale real estate listings and the real estate market it can be said that the future is truly promising and bright.
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Issued By Fort Lauderdale real estate
Website Fort Lauderdale real estate agent
Business Address 1961 Northwest 150 Ave
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Country United States
Categories Real Estate
Tags fort lauderdale real estate , fort lauderdale real estate agent
Last Updated January 2, 2014