FORECLOSURES & FALLING INTEREST RATES
For many who have held onto some cash over the past few years real estate is again looking like a great investment. With interest rates down to 5.5 % on a 30 year fixed and the abundance of foreclosures buying property is again looking like a valid option to add to your portfolio.
We have seen prices drop anywhere from 30-70% depending on area and condition of homes in the Fort Lauderdale area. So if your thinking about cashing in the next few months could be a great time to step back into the market.
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