Fort Lauderdale real estate

Fort Lauderdale area real estate market trends and activity

Residential inventory on the rise in South Florida

Residential real estate inventory was on the rise in South Florida during the month of January.  We have noted that some of this bounce is seasonal.  Plenty of sellers would rather not have their properties listed during the holidays.  They come off in late November and magically reappear in January.  What is noticeable this time […]

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Housing Bubble Update

The latest housing bubble in South Florida real estate looks like it has been leaking air.  Nearly a decade of easy money in the form of record low mortgage rates  helped create this monster and we aren’t sure how it will end.  What we do know is that these distortions cannot last forever and there is […]

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Has the condo correction already started?

Has the condo correction already started in South Florida?  By looking at the latest numbers, it appears so.  Today we will focus on Broward County, which includes the cities of:  Fort Lauderdale, Pompano Beach, Deerfield beach, Hollywood and Hallandale Beach just to name a few. Average sale price in Correction territory Our first chart today […]

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Headline of the day

The headline of the day appeared after existing home sales tanked for December. Here is a good  link.   Apparently real estate agents were “baffled” by the latest home sales report.  How could this happen?  You mean that real estate doesn’t always go up?  If agents would spend some time doing basic math and affordability analysis, they […]

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Will they see it this time around?

Will the real estate agents see it this time around?  So many of them were blindsided by the last downturn.  They were busy selling and collecting commissions on overpriced properties, ignoring all of the signs of a frothy market.  My guess is they won’t see it, because they don’t want to.  More importantly, real estate […]

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The big unwind

A big unwind is on the horizon.  Although the low rates and easy money helped propel the real estate markets to new highs, it is important to maintain some perspective on how these levels were reached.  There has been lots of market manipulation “tools” in order to create this latest bubble, so don’t expect it […]

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On the home stretch

Well, we are already on the home stretch in 2018 and trying to see how this year will stack-up in home sales data.  This has been an unprecedented decade of artificial stimulus for the housing market and we will soon find out how the hangover feels.  Our charts today will examine prices, sales volume, inventory […]

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Trick or Treat?

It’s trick or treat time in the South Florida real estate market.  Not just because we are at the end of October, but we may finally see changes in the market,. Higher mortgage rates may finally be doing some damage and could impact selling prices going forward.  Our first chart shows the average selling price […]

Also posted in Condo market, Market Insight, Single-family homes | Tagged , , | Comments closed

Have you noticed?

Have you noticed anything different in your neighborhood?  Does it appear as if those for sale signs tend to linger awhile longer than they used to?  How about that slick real estate investor trying to flip the house down the street for a quick profit?  Do you think they have seen a shift in the […]

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Teaser rates

Teaser rates may be a thing of the past and now we will see if the South Florida residential market can hold-up.  Today we will look at the average sale prices of houses and condos in the Greater Fort Lauderdale area.  This chart is through August, before the last pop in mortgage rates hit.  It […]

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    2550 North Federal Highway
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    Fort Lauderdale, FL 33305

    Phone: 954-586-8400
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