Low Condo Inventory = Higher Prices

 

Have you tried to buy a condo lately? Inventory is low and units are being snapped up by buyers who understand that waiting is to purchase is no longer an option.  The days have passed when short sales and foreclosures were plentiful and prices were low.  Sellers who previously couldn't compete are now more in control of the process and are holding the line on prices.

Prices in August were up 37% over a year ago according to CondoVultures.com. 

Units at the Q Club Resort & Residences are also trending upward, however they are still reasonable.  So, if you are planning to purchase your next vacation property in Ft Lauderdale, a resort property such as the Q Club where management is provided on-site is an excellent choice.  Call me today at (954) 205-4137  to discuss your next vacation.