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 45 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, .
Pompano Beach, FL Foreclosures
How much do homes sell for in Pompano Beach, FL?
The average home price is currently $490,267.
In Pompano Beach, FL, how many homes are available?
There are currently 45 active home listings available in Pompano Beach.
What’s the average rental cost in Pompano Beach, FL?
The average rental price in Pompano Beach is $1,737.
What is the most expensive home in Pompano Beach?
The most expensive home sold in Pompano Beach had a price of $126,543,712.
What is currently the cheapest priced home in Pompano Beach, FL?
The cheapest home for sale in Pompano Beach is priced at $33,788.
Living in Pompano Beach, FL
Pompano Beach, FL, is a lively coastal city with beautiful beaches and a plethora of outdoor and recreational activities. Known for its family-friendly environment, it offers various housing options, vibrant entertainment venues, and a welcoming community atmosphere. With numerous parks and great schools, it's an ideal place to live for those who appreciate both relaxation and recreation.
Current Market Conditions in Pompano Beach, FL
The current real estate market in Pompano Beach is trending favorably, with a consistent increase in home valuations as demand keeps rising. Given its appeal as a beach destination, many families and retirees are flocking to the area.
The influx of new residents has created a competitive housing market, leading to a faster turnover of property listings. Homeowners are seeing a solid return on investment, as properties are selling quickly and often above listing price.
Home Value Estimator For Pompano Beach, FL
There are currently 52,596 real estate properties
in Pompano Beach, FL,
with a median automated valuation model (AVM) price
of $353,321.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pompano Beach, 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 Pompano Beach, FL,
is $490,267.00, with the most expensive house
in Pompano Beach, FL, topping out
at $126,543,712.00 and the cheapest home
in Pompano Beach, FL,
clocking in at $33,788.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pompano Beach, FL!
Rent Prices
In Pompano Beach, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pompano Beach, FL, is on
a rollercoaster ride. The
average rent price in Pompano Beach, FL,
is $1,737.00. Indeed, when looking to rent in
Pompano Beach, FL, you can expect to pay as little
as $750.00 or as much
as $6,460.00,
with the average rent median estimated to
be $1,620.00. The good news is that finding
an affordable and desirable property to rent in Pompano Beach, 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.
Learn more on Foreclosure homes
