The Ft Lauderdale real estate market continues to rebound beautifully with help from many stimuli. Today, November, 28, 2009, there is only 7 months of standing inventory of single-family homes in the Greater Ft Lauderdale real estate market and surrounding areas. The actual number of homes listed in the MLS (multiple listing service) is 8,077. There are only 447 foreclosed homes currently listed as active regardless of price. That represents only 5.5% of the homes in the areas in and around Ft Lauderdale. Short sales are a different matter. There are currently 2,611 short sales listed which represents approximately 32.3% of the homes offered in and around Ft Lauderdale. Market conditions for the multi-family market also continue to improve. Currently, there is only 11 months of standin...
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