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Freddie Mac: South Florida Housing Market Doing Better

South Florida Housing Market improving, according to Freddie Mac

Luxury House

According to mortgage company Freddie Mac, South Florida real estate market ranks as the nation’s 25th most stable housing market, according to their report released this week.

Miami Dade, Broward and Palm Beach counties scored a 91,7 on Freddie Mac’s Multi-Indicator market Index, up 13% compared to a year ago.  Prices in South Florida are on the rise, mostly due to a shortage of homes for sale. The median price for single family homes has risen to $350,000. Median prices for existing condominiums have also risen.

If you believe this is the right time to sell your property, contact The San Clemente Group to help you through the entire selling process.

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