Friday, April 9, 2010

South Florida Real Estate Market in Recovery

Driving around South Florida, you will notice significantly fewer "For Sale" signs than just a few months ago. A signal that the South Florida real estate market is on the road to recovery, thanks to bargain deals, cheap financing and federal tax incentives.

Newly released real estate figures show single-family home sales are up 47% and multi-family condo sales are up by 81% from 2009. This suggests that the real estate market is beginning to stabilize in South Florida.

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