No depressing results for SE, Florida, we're doing just fine and property values are up!
Totally AMAZING! SE, Florida is down to close to 13,500 properties for sale in Broward County. The property values are up from 5-15%...amazing 15% increase in value in Tamarac...which is 12 miles west of the beach.
Yes, I agree, the banks are holding back some of their inventory as some of my investors continue to beat me up with...if they are correct.
However, if the investors are wrong and the economy here is what is protests to be..,we are doing very well.
It's within about 10% either way condo's or homes.
We are without much new inventory and when it appears...it's gone.
So, SE, Florida is the place to buy because our location is always warm, always cordial, and always where snowbirds love to hang out in the winter.
If you want a seasonal rental call me soon b/c there are not many left.
Karen Monsour, REALTOR(r), SSRS