Is this really becoming the new norm again? Homes hitting the market and multiple offers are flooding in for over asking price? If you are living in South Florida, the housing market is still on fire. Miami has slowed down as more and more people are moving to the north because Fort Lauderdale Homes for Sale are more affordable.
Here are two cases of homes that went under contract quickly and for over asking price.
Florida Exclusive Living represented the buyer in this transaction. The home was listed for $850,000 and closed for $875,000. This newer townhome has all of the amenities and clearly represents what so many buyers are looking for in the area.
This next townhome was listed for $535,000. Florida Exlcusive Living represented the seller in this transaction. Weston Homes for Sale have always been desirable. The area has A rated schools and offers a very suburban feel compared to others areas of Broward County. This stunning Golf Course home went under contract for $540,500, all cash no contingencies.
The biggest trend that we are seeing in South Florida right now includes very clean contracts. Inspections periods have been shortened, appraisal contingencies have been dropped, and closing dates are quick. Sellers can demand these features as most properties, if desirable, will have multiple offers.
Fort Lauderdale and the surroundings markets are as strong as ever. If you have been thinking about selling or buying in the future it is a great time to consult with a Realtor and see what your options are.