Demand is up, inventory is low and prices are rising. The battle for South Florida’s residential real estate is back on even though there may still be many more foreclosures to come..
Bidding wars are erupting from Homestead to Weston, as home sales and prices take off, further reinforcing the end of a prolonged market slump.
A two-bedroom, two-bathroom, bank-owned condominium in Coral Springs sparked 64 offers within 10 days — selling for $71,000 on Tuesday, or 34 percent over its $53,000 listing price. Continue reading
