Found 2 blog entries tagged as South Florida Real Estate Market.

 

Now that the housing market has steadied after more than a decade of difficulties, this could be the perfect opportunity to invest in a home. It is said that South Florida is an earmarked real estate market and it’s driving the prices of real estate up. 

The Case-Shiller 20 City Index noted that home values rose 5.7%.  Leading economists think prices will continue to rise, at least in the interim. Nationally, Miami is considered one of the top 20 metropolitan cities with highest growth forecast.  Topping the list is another South Florida city, Tampa. 

The National Association of Realtors is forecasting a 4.4% increase in existing home prices and in 2017 an increase of 3.4%.  According to Miami Board of Realtors, “South Florida housing…

8757 Views, 0 Comments

Read Full Post

 

The latest quarterly report by the National Association of Realtors (NAR), released November 12, 2015, asserting that median prices for existing homes in metropolitan areas continued to climb in the third quarter of 2015, but at a healthier pace that could entice more homebuyers into the market.

"Many of the metro areas with the fastest price appreciation over the past year were in the South — particularly in Florida," says Lawrence Yun, NAR chief economist. The economist stated that Florida, in particular, had some of the strongest price appreciation.  Yun stated without question the housing market had its best quarter in nearly a decade. "The demand for buying, picked up speed in many metro areas during the summer as more households…

6138 Views, 0 Comments

Read Full Post