Two housing markets, Fort Lauderdale & Palm Beach County are among the top five in the nation Spring 2016, according to Housing Wire. Both areas also reported 2015 job and income growth. 2015 appreciation: Fort Lauderdale 8%, Palm Beach Count 14.1%. Palm Beach County ranks in the top 20 nationally for high-end sales in 2015, or transactions that start at $10 million.
Monthly Archives: April 2016
Residential property inventories continue to lag behind demand, driving up monthly rental rates. Consequently residential rental returns are some of the best investments in real estate. This insightful graph by RealtyTrac shows those returns by county. Move your mouse over the state and area where you are planning to invest and click on it to see how your county ranks and is projected to perform. A key element here is the wage growth vs. monthly rents. If you plan on buying in South East Florida, Delray – Fort Lauderdale, we can help you identify and close on the right properties. Call Dave 561-299-6249.
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