Good news!

According to the RAGFL (Realtor Association of greater Fort Lauderdale) sales were up in April. There was a very slight increase in the homes that were listed for sale. AND, there was a 26% increase in closed sales for Single Family Homes! Great news! The average sale price was $437,740 a 3% increase over last month (March). The median sale price remains at $300,000.00.

Condo closed sales were also up by 15%. The average sale price was $219,047, which reflects a 12% increase over March. The median price for closed sales were $140,000 which is a 1% increase over March.

The available inventory is about the same at Single Family Homes at 12,524, about 4% less than last month. The condo inventory is at 16,104 which is 1% less than last month as well.

The month's of available inventory is down from 29 to 23...This is good news!!!

With today's new's that the interest rates may be going up and the approximately $60.00 drop in the price of gold today...NOW IS ABSOLUTELY THE TIME TO BUY!

TAKE ADVANTAGE OF THE MARKET NOW...before you know it rates will be back up, your payment's will be higher, and that property you wanted will cost you more money to purchase and more money for your mortgage payment.

Don't miss out! Be smart! Give me a call for more information!

http://www.KarenMonsour.com, 954-464-4194