In this latest issue of the Miami Condo Market Intelligence Report™, we examine Broward County condo prices based on applying the “1% Rule” to the sales statistics from the Summer Buying Season.
This week’s Miami Condo Market Intelligence Report™ newsletter examines whether now is the right time to buy a Broward County condo or are today’s investors risking a possible “catching a falling knife” scenario.
After all, Broward County condo sales have slowed dramatically for the last 18 months and asking prices are starting to decrease, especially for older units facing increased costs resulting from Florida legislative changes made in the aftermath of the Surfside condo collapse.
This has some buyers thinking now is the time to start acquiring units.
We encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube.
If you are seeking information on condo resales in South Florida, please visit CondoVulturesRealty.com or call the office at 305.865.5859.
This information is provided for general informational purposes only, based on research, personal experience and interviews. It should not be considered legal advice, as we are not attorneys. While believed to be accurate and complete, this information is provided “as is” without warranty or guarantee of any kind.
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