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 1,719 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, .
Fort Lauderdale, FL Foreclosures
How much do homes sell for in Fort Lauderdale, FL?
The average home price is currently $812,060.
In Fort Lauderdale, FL, how many homes are available?
There are currently 1,719 active home listings available in Fort Lauderdale.
What’s the average rental cost in Fort Lauderdale, FL?
The average rental price in Fort Lauderdale is $2,056.
What is the most expensive home in Fort Lauderdale?
The most expensive home sold in Fort Lauderdale had a price of $186,267,656.
What is currently the cheapest priced home in Fort Lauderdale, FL?
The cheapest home for sale in Fort Lauderdale is priced at $15,282.
Living in Fort Lauderdale, FL
Fort Lauderdale, known for its stunning beaches and vibrant nightlife, is a popular destination for both tourists and residents. The city offers a diverse range of properties, with waterfront homes, modern condominiums, and charming single-family houses. With its year-round warm climate and rich cultural scene, Fort Lauderdale is an ideal place to live, work, and play.
Current Market Conditions in Fort Lauderdale, FL
The Fort Lauderdale real estate market remains competitive, with strong demand for homes leading to rising prices. Inventory levels have been low, causing bidding wars in many neighborhoods. Homes with waterfront access or proximity to the beach are particularly sought after, driving prices upward.
In recent months, Fort Lauderdale has seen an influx of buyers from out of state, particularly from the Northeast and Midwest regions, seeking warmer climates and attractive tax benefits.
Home Value Estimator For Fort Lauderdale, FL
There are currently 91,604 real estate properties
in Fort Lauderdale, FL,
with a median automated valuation model (AVM) price
of $465,166.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fort Lauderdale, 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 Fort Lauderdale, FL,
is $812,060.00, with the most expensive house
in Fort Lauderdale, FL, topping out
at $186,267,656.00 and the cheapest home
in Fort Lauderdale, FL,
clocking in at $15,282.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fort Lauderdale, FL!
Rent Prices
In Fort Lauderdale, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fort Lauderdale, FL, is on
a rollercoaster ride. The
average rent price in Fort Lauderdale, FL,
is $2,056.00. Indeed, when looking to rent in
Fort Lauderdale, FL, you can expect to pay as little
as $680.00 or as much
as $6,000.00,
with the average rent median estimated to
be $1,820.00. The good news is that finding
an affordable and desirable property to rent in Fort Lauderdale, 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
