It Looks Like The Great Real Estate Meltdown Of South Florida May Be Over!
Great new for agents, brokers and of course, the people who had a home to sell.
One third of 33 communities located in Broward County posted double digit gains.
Specifically, homes in Fort Lauderdale, North Lauderdale, Wilton Manors and Lighthouse Point have all showed significant gains.
Historically, there is a 2-4 % appreciation in home values in this area.
Zillow predicts homes to rise in value 2.1 % in the next year.
So what does that mean for the average homeowner?
It’s now a seller’s market! So get ready for multiple showings and a review of the many offers!