Broward County Real Estate is Doing Well

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Broward County Real Estate is Doing Well

Posted by Web Master on Wednesday, March 27th, 2013 at 3:23pm.

If you want a home in Broward County, now's the time to get your loan pre-approved. Waiting will end up costing you more and possibly missing out on the property you want. Just like any item, when demand goes up and supply goes down, that item costs more. That is what's been happening with homes in Broward County. Condos and homes are no longer sitting for months with a For Sale sign on the lawn. Real estate agents are so busy, there are times when homes are sold before the sign ever goes up. The result is, prices for single-family homes have sharply increased. From November, 2011 to the same time in 2012,  median-priced homes in the county have increased in value an impressive 23 percent.The demand and decreasing inventory of homes has agents often answering calls for the same home they're showing at the time the call comes. With the trend of a price increase of almost 2 percent per month, those wanting a Broward County home should be prepared to make a quick decision, be pre-approved and understand that it's a seller's market. Call Lang Realty today to discuss finding the perfect Broward County property for your family!

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