Oasis of the Seas entering Port Everglades

South Florida Real Estate

Current market trends are looking at a bottoming of the market. This is a direct result of the affordability factor. Most areas have seen a reduction of 30% or more.

Sales have shown a sales increase of 34% msotly in single family homes. The Condo market is also seeing increases in sales again due to changing price points.

Negative thinking keeps Buyers on the fence. Is real estate a good investment?
The downturn has provided a safer opportunity due to price adjustments.

Real estate over the long term has always been the greatest provider of wealth.

lastly the $8000 tax credit has been extended to April 30, 2010 as well as a new $6500 tax creit for nopn 1st time Buyers.

Price appreciation is flat although2/3's of the market shows slight increases. The subprime market has caused many problems but has afforded Buyers a great opportunity with the inventory levels being so plentiful.

Sales are significantly higher this year based value. Investors are actively seeking properties as well.

Foriegn Buyers continue to take advantage of the strong Euro, British Pound & Canadian Dollar.