Realty Times - Fort Lauderdale, Florida Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Florida > Fort Lauderdale
Galt Mile - Las Olas

Market Conditions Summary for Fort Lauderdale, Florida

Reported by

Joann Edwards, Broker-Associate
as of 2/2/2012:

INVENTORY IS SELLING QUICKLY. NOW IS THE TIME TO BUY.. Mortgage rates are at an all time low. Prices have stabilized, and inventory is being snatched up by savvy buyers. As a BUYER, you have opportunities to make a great investment in your... MORE->
About Joann Edwards, Broker-Associate

Reported by

David Albornoz
as of 1/13/2012:

FORT LAUDERDALE - As the real estate market continues its gradual recovery, buyers and sellers have come to a meeting of the minds. Home sellers are now aware that they have to make their properties move-in ready, and price at market to make the... MORE->
About David Albornoz

Reported by

Christine Adler
as of 1/10/2012:

WELCOME TO FT LAUDERDALE! Recently Ft Lauderdale has experienced a strong buyers market with the prices trending downwards. The average price of a single family is approx. $300,000 / Condos start at below $100,000. We also have a lot of... MORE->
About Christine Adler

Reported by

Jonathan Keith, PA
as of 1/10/2012:

In South Florida's turbulent real estate market, 2011 was a year marked by competing and contradictory trends. A November sales report released Wednesday by the Miami Association of Realtors highlights a few of the head-scratching trends of... MORE->
About Jonathan Keith, PA

Reported by

Millie Lawrence-Kotei
as of 12/17/2011:

Yes, this is still your chance to own a piece of paradise! The number of Sold properties has increased by 67%. The number of Under Contract properties has increased by 77%. The number of For Sale properties has decreased by 43%. Prices are still low... MORE->
About Millie Lawrence-Kotei

Reported by

Michael Sahlman, P.A.
as of 11/1/2011:

115 single family homes sold in Fort Lauderdale during Sept with sales prices that were 93.9% of asking price. The average sales price was $310,826 and the median price was $156,000 and stayed on the market 120 days. 148 condos sold in Fort... MORE->
About Michael Sahlman, P.A.

Average Current Market Rating: 2.2 (6 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.2 (6 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Florida > Fort Lauderdale
Galt Mile - Las Olas

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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