Fort Lauderdale Real Estate: The Rising Star
Posted by Brook Walsh on
Competitive Housing Market
Rising Home Prices
The Fort Lauderdale housing market is showing signs of steady growth, with homes selling at a median price of $550,000, up 10.1% from last year. This price growth indicates a buoyant real estate market that could offer investors significant returns.
Sales and Market Competitiveness
While homes typically receive 2 offers and sell within 53 days, the market remains somewhat competitive. Investors need to strategize their offers effectively to secure properties in this blossoming market.
Migration Trends
People Moving to Fort Lauderdale
Many people are choosing to move to Fort Lauderdale, with the highest number of homebuyers coming from New York, Washington, and Boston1. This inflow is…
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