Reasons to Move to Broward County, FL
Prospective homebuyers are clearly taking advantage of the current interest rates and numerous government assistance programs. These interest rates mean homebuyers in Broward County can now afford much more house for the same monthly payment compared to when rates are higher. Motivated and opportunistic sellers in Broward County can field multiple offers from more qualified buyers, making it a dynamic market for both buyers and sellers.
What type of property to buy in Broward County,
Our extensive database in Broward County includes 30 preforeclosures, foreclosure auction properties, bankruptcies, REOs (real estate owned by lenders), and properties from HUD, VA, Fannie Mae, and other government agencies in Broward County. We also feature listings from over 100 corporate sellers. Our information is updated daily, sourced directly from these entities, ensuring you receive the freshest and most accurate data. This meticulously compiled and organized collection makes your search as straightforward as possible. Only www.foreclosure.com offers this unparalleled, trustworthy resource, backed by our commitment to providing expert, authoritative, and up-to-date information. Visit our FAQ section to read more about the different listing types and how to purchase them.
Pros and Cons of Living in Broward County, FL
How do you know that living in—or moving to— Broward County is the right choice for you? Perhaps you grew up in Broward County or already live nearby, making the decision to buy a home here a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Broward County for work or just looking for a fresh start, understanding the neighborhood from afar (online) can be challenging and exhausting.
Here are some expert tips to consider when shopping for foreclosed homes for sale in Broward County:
- Neighborhood Environment: Do you prefer a suburban, urban, or rural setting?
- Shopping and Dining: What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local), and businesses (small, big, mixed) would you like nearby?
- Leisure Activities: What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
- Commute: What type of commute (car, plane, home office) suits your lifestyle?
Creating a "Pros vs. Cons" list of what you need in a home and neighborhood is always a helpful step in making an informed decision. With expert insights and up-to-date market data from foreclosure.com, you can confidently explore the opportunities in Broward County, .
Living in Pembroke Pines, FL
Pembroke Pines, FL, is a flourishing community located in Broward County, known for its excellent schools, abundant parks, and diverse shopping options. The city offers a perfect blend of family-oriented living with vibrant urban amenities. With strong community ties and recreational activities, Pembroke Pines is a desirable place to call home.
Current Market Conditions in Pembroke Pines, FL
The real estate market in Pembroke Pines has been experiencing a surge in demand, driven by a combination of its convenient location and high quality of life. Houses are selling quickly, often above the asking price, due in part to the city's appeal to families and retirees who are seeking both comfort and community.
An influx of new residents has led to a high turnover rate in the real estate market, and developers are taking notice, having commenced several new projects to keep up with demand. As such, there is growing interest in both single-family homes and new developments, reflecting a promising outlook for property values.
Home Value Estimator For Pembroke Pines, FL
There are currently 50,837 real estate properties
in Pembroke Pines, FL,
with a median automated valuation model (AVM) price
of $465,761.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pembroke Pines, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Pembroke Pines, FL,
is $486,533.00, with the most expensive house
in Pembroke Pines, FL, topping out
at $153,045,088.00 and the cheapest home
in Pembroke Pines, FL,
clocking in at $50,527.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pembroke Pines, FL!
Rent Prices
In Pembroke Pines, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pembroke Pines, FL, is on
a rollercoaster ride. The
average rent price in Pembroke Pines, FL,
is $2,013.00. Indeed, when looking to rent in
Pembroke Pines, FL, you can expect to pay as little
as $770.00 or as much
as $7,120.00,
with the average rent median estimated to
be $1,860.00. The good news is that finding
an affordable and desirable property to rent in Pembroke Pines, FL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.