Fort Lauderdale Beach Homes and Condos For Rent

Fort Laudedale Waterfront Homes - Market Trends
 
The Fort Lauderdale Beach Real Estate market, just like every real estate market in the world, is a story of local events which effect the local economy. National real estate reports, though informative, have little insight into the day to day goings on of a local real estate market. With the Fort Lauderdale Real Estate market and every real estate market there are submarkets that behave differently than the overall market. In Fort Lauderdale Real Estate, just some of these markets are the markets for Fort Lauderdale Waterfront Homes, Fort Lauderdale Beach Condominiums, Over 55 Retirement Communities,  and the Fort Lauderdale Real Estate market for New Construction. In addition to many real estate forces that drive a market, each one of these submarkets are driven by the most basic force of a real estate market performance, the Law of Supply and Demand. Today were going to look at the Law of Supply and Demand of the Fort Lauderdale Waterfront Homes market, look at the supply of Fort Lauderdale Waterfront Homes for Sale, and Number of Buyers of Waterfront property in Fort Lauderdale and look at recent history to project the trends of the Fort Lauderdale Waterfront Homes Real Estate market.
 
As of the end of January, there were 361 Fort Lauderdale Waterfront Homes for sale, an increase from the prior month of 6.2%. 24 Fort Lauderdale Waterfront Homes Sold in January, a decrease of 28% from the month prior and pending sales decreased 37%. Comparing January 2016 to January 2015 we see a similar sales trend, inventory was down however, but just 1.4% while sales were down 17.2%, and pending were down 41%.
 
Coming Trends - Fort Lauderdale Waterfront Homes for Sale
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