Real Estate Market
It’s great news for the lucky few who own a downtown Miami condo, and bad news for those looking to buy.
While most homeowners across South Florida have seen their property values drop by as much as half in the last couple of years, one Broward city has bucked the trend.
Foreclosures in January increased by just one percent from December numbers and were 17 percent less than in January 2010. It’s the latest signal that the real estate market may finally be stabilizing.