inventory: Ft Lauderdale Market Conditions- March 2010
- 04/10/10 09:21 AM
Has everyone started to feel the love again? In the greater Ft. Lauderdale real estate market, not only has the inventory sharply declined, prices are climbing as well. As I've been reporting for several months, the market in the greater Ft. Lauderdale area has bounced back and this month, I am forecasting the momentum to continue in spite of the tax credit expiration date coming at the end of April. The only immediate cause for concern is if the interest rates which spiked .3% in one week, continue to rise. Most analysts state they feel the recent spike was well expected and … (0 comments)
inventory: Ft Lauderdale Market Conditions- February 2010
- 03/13/10 12:35 AM
It is very clear and apparent, the Ft. Lauderdale real estate market is stable and is about to make a turn for higher prices. According to Trendsgraphix, inventory levels in both single-family products and multi-family products dipped after making a small spike in January. The inventory level of single-family homes within the greater Ft Lauderdale market dipped to 9.9 months, down from 10.1 months in January.
The actual number of single-family homes currently on the MLS stands at 8,100. Of the current single-family inventory, only 6.1% was from foreclosures while a whopping 59.5% were from traditional sellers that still had … (2 comments)
inventory: Ft Lauderdale Market Conditions – January 2010
- 02/13/10 08:41 AM
The dawn of the new year has seemingly given way to an increase in inventory levels throughout the price points of the Ft. Lauderdale real estate market. If one solely looked at the increase in the months of inventory, the condition of the local Ft. Lauderdale market would be taken totally out of context. Actually, the market is stronger than ever these days.
From this time last year, single-family inventory levels have decreased an amazing 42.2% while the inventory of attached homes have decreased an astounding 52.9%. As of this article, another significant shift has occurred. Traditional sellers are now again … (0 comments)
inventory: Ft Lauderdale Inventory Continues to Shrink
- 11/09/09 02:45 AM
According to Trendgraphix Facts and Trends, buying a home in Ft. Lauderdale maybe harder than ever. Since the beginning of 2009, the inventory of homes on the market in Ft. Lauderdale has decreased from a 24 month supply to a present 9.4 month supply. This inventory includes all homes listed on the MLS in a price range up to $500k.
It's not difficult to understand why Ft. Lauderdale's more affordable homes are being snapped up so quickly. There are a few reasons which include:
•1. FHA is the current primary lender of homes with mortgage limits guaranteed to … (6 comments)
Has everyone started to feel the love again? In the greater Ft. Lauderdale real estate market, not only has the inventory sharply declined, prices are climbing as well.
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