South Florida Real Estate Rules And Here’s Why!
South Florida has made itself quite a reputation among investors.
However, Freddie Mac data indicates a return to traditional buyers.
This area is also ranked among the most stable in the state of Florida.
Mortgage company, Freddie Mac, tracks home loan applications, affordability, mortgage loan delinquencies and employment.
South Florida metro areas scored 82.4%.
This is a 14% increase from last year.
Homes hit hardest by the Great Recession are now rebounding.
FHA loans are increasing.
Cash sales remain strong but are decreasing.
What does this all mean?
More folks are looking to call South Florida their permanent home!