Happy New Year
Hi Everyone,
I hope you all have a great 2009. What is in store for Fort Lauderdale Real Estate in 2009? Well we are seeing loads of foreclosures but we are also seeing many homes have multiple offers on them. Prices are beginning to stablize as we are seeing neighborhoods find their bottom for the average home.
Interest rates came down over a point in the last quarter and the 30 year fixed rate loan ranges from 5- 5 1/2 %. This combined with the sharp drop in prices should make for a lot of opportunity for Buyers and investors alike.
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