Sales have been up in the two counties in every month this year compared to 2010. But what can we expect for the rest of the year?
As data last week from the Florida Realtors showed, home sales in Broward and Palm Beach counties remain strong even as the national numbers are hit and miss.
South Florida foreclosure sales are declining despite larger discounts for distressed properties, according to a second quarter report being released Thursday by real estate research firm RealtyTrac.
Distressed homes, foreclosures and short sales, continue to be popular properties in South Florida. Together they made up more than 40 percent of home sales during the second quarter, the report found. But as banks struggle to foreclose on delinquent homeowners because of documentation problems, these properties have become less abundant in the market.
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