Hi:
I am a very active Realtor in buying and selling residential homes the Fort Lauderdale, Florida area encompassing the 3 counties of Broward, Dade and Palm Beach including the Miami, Boca Raton areas. The prices of homes in this area have plummeted so much that buyers are coming from all nations and states to purchase here. Its a great time for all the investors to get into the market while it's down and secure the property for the subsequent rise to come. I would think that within 1-2 years the prices will be stable again and south Florida will again be a very hot market.
As a buyer right now, you have your choice of area and price. It is a little harder for the sellers at this time and anyone not needing to sell right now should wait a while, but I have expertise in Short Sales, which is a much better choice than foreclosure for the sellers that have to sell.
I will gladly discuss any real estate issue, and offer referring Realtors 25% commission.
Lynne Hale, Realtor, CRS, e-Pro, CIPS
Ocean View Int'l Realty, Inc.
Phone: 954-303-0071
Email: lynne@lynnehale.com
Http://www.lynnehalehomesales.com
Experienced Realtor in Fort Lauderdale, Pompano Beach, all of Broward and Palm Beach counties for buying and selling waterfront, luxury or neighborhood homes, condos, townhomes and land. Call me!
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Lynne,
"Short Sales, which is a much better choice than foreclosure for the sellers that have to sell."
How so?
We have a long long way to go before we see a light. Condos have a 5 yrs supply and single family isn't that far behind. I would bet that at least 50% are short or foreclosures.