Prices of Fort Lauderdale Homes and Condos Continue to Rise
Fort Lauderdale Real Estate prices and the Broward County real estate market in general was recently qouted in an article in the Miami Herald as "still having legs". From 2013 to 2014 home prices in Broward County have shown a 5.7% increase.
Sales of existing single family rose 5.4% in June; historically this is a quieter time of year for the South Florida real estate market. The condo market say a rise from last year in prices of 23.8%, please be aware that this number is skewed by the fact that the lowest price points of inventory are simply gone. Condo sales are reported as up 10.1% over last June.
Fort Lauderdale Inventory Rising But Well Below Historic Levels
As prices rise,…