Showing posts with label home price. Show all posts
Showing posts with label home price. Show all posts

Friday, July 15, 2011

Florida Ranks in Top 10 Housing Markets for Investors

Three Florida cities: Ft. Lauderdale, Tampa and Orlando ranked in the top 10 housing markets for investors in rental property according to HomeVestors of America and Local Market Monitor.

This is a result of home prices falling substantially, potential home price appreciation and current high rent rates, all good news for investors looking to get the best returns on rental properties.

Tuesday, May 17, 2011

South Florida Home Sales Rise as Prices Continue to Drop

Driving down the streets of South Florida it's hard not to notice the number of homes for sale. 2011 may be the year that these homes are bought.

In the first 3 months of 2011, home sales in Palm Beach County increased 33% compared to 2010. Almost 2,600 homes were sold in the first quarter of 2011, and yet the median home price dropped 18% this year to $194,000.