South Florida home values were up nearly 8% in the third quarter of the year from the same time in 2011! They are expected to outperform the national price hikes through 2013 according to the online real estate firm Zillow (www.zillow.com) . Three counties in Florida (Palm Beach, Broward, and Miami-Dade) are forecasted to experience a 3.8 percent rise in value over the next year compared to a national increase of 1.7 percent, as reported by Zillow on October 23, 2012.
Zillow is a Seattle base real estate analysis firm which released its third quarter home value report which included South Florida.
Any inquiries you may have about the current state of the real estate market in the Loxahatchee Riverfront, Jupiter Island, Abacoa, or any of the surrounding areas we specialize in, please contact one of our specialists and we will be pleased to assist you.
*Image Courtesy of Franklin Advantage News