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Winter 2012 Market Update
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| Average Home Price | $280-$340,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 10-15% or more |
| Average Time on Market | 0-30 days |
| Prices As % of Asking Price | 95-100% |
| Market Trend | No change |
| Buyers’ or Sellers’ Market | Active seller's market |
| Multiple Offers? | Yes |
| Housing Inventory | Limited supply |
| Greatest Activity | Move-up and relocating buyers. Single-family homes; condos and townhomes |
| Reason to Buy/Sell | Single-family homes sell quickly. Condos and townhomes hard to find. Builders taking reservations for pre-built condos. |
| Nearest Metro Area | Miami, FL |
| Housing Hot Spots | Anything on waterfront; townhomes in Victoria Park |
| Average Sold Price | $280-$340,000 - View Graph Trend |
Fort Lauderdale Local News
Local Summary: Extremely active market for everything, from single-family homes and condos to waterfront properties. Investors buying at pre-construction prices. First-time buyers being priced out of $200,000 and under market.
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
Contact Information
Kim Winters
866-537-0560
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Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.61%
15 yr. jumbo rate: 3.97%
Home Values
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Request More Information Let me answer your questions! Ask Me!
Kim Winters
RE/MAX Preferred
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 866-537-0560
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