The Market Snapshot for May is out. The median sale price for single family homes is almost unchanged from a year ago. Median sales price for condos is still inching up, a 6.5% increase from last May. Inventory is higher than a year by 23.1% for single family …

The Broward County Market Snapshot is out for July 2022. Closed sales for single family homes is down 27.8% and 31.9% for condos compared to July 2021. Does this mean prices are coming down? Not yet! Sales price are up 21.2% for single family homes ad 23 …

The Market Snapshot for June is out. See the graphic below. There has been a lot of hand wringing over the direction of the market lately. Are we in a recession or not? Reports on the market nationally can be deceiving. Remember that all real estate is local and the …

In my weekly newsletter a couple of weeks ago I included a poll for my readers. I asked "Where do you think the market is going?" Here are the results.

A - Too the Moon 16.7%

B - We are in a bubble. It's going to crash 83.7 …

The Market

In Broward county the number of closed sales in March this year is down 10.5% from March 2017 for single family homes and down 8.9 for condo. 

The median sales price is up 5.9% for the same period for single family homes and 10 …