Fort Lauderdale Rental Market is "Booming"

Posted by Eric Miller on Wednesday, November 4th, 2009 at 1:59pm.

Here we go again, a new real estate cycle visable on every corner that will lead us to the next cycle. Who said the next cycle of dropping real estate prices had to be rising real estate prices. All over Fort Lauderdale rental housing is being built, weve been down this road  before. When sales fall off, people start renting, rents go up, and builders build new rentals, when sales start to rise they convert them to condos and sell out, and we get to start all over. How long the cycle lasts is never perfectly clear unless you're watching the news, as they all seem to have the answer. But one fact is clear major real estate developers still believe in the Fort Lauderdale area, they are building rentals all over town, to service the people still moving here and not ready to buy. Buyers who know the Fort Lauderdale Real Estate market are being welcomed to the perfect storm, but the feel the tide turning. Simply Fort Lauderdale Real Estate buyers must understand if they find a home they like, buy it. If you what for the day you are convinced is the bottom of the market, the perfect home will not be available and you will have most likely missed the bottom of the market. Timing any market perfectly is an impossible task.

Thinking about a rental investement Fort Lauderdale Condominium ? There are two things to consider 1) Is the location one which do well in both seasonal and annual rentals ? 2) Does the property have a rental policy that will help you with your investment goals ? One such builidng is The Tides at Bridegside Square which allows rental 3 times per years for a  minimum of 90 days. Ready to start hunting, we are ready to start helping, call the team at Eric Miller and Asssociates, Fort Lauderdale, today.

Eric Miller is an award winning Florida Realtor, salesperson and broker. His website, provides an up-to-date guide to Fort Lauderdale Condos for sale, and the most complete buyer, seller and investor information for the Fort Lauderdale Real Estate Market.

Leave a Comment

Format example:
Format example: