Saturday, December 12, 2009

For Sale: 2BR/2BA Condo in Fort Lauderdale, FL, $740,000

Excellent opportunity to own a spacious 2/2 condo with 12 foot ceilings in East Fort Lauderdale! Magnificent infinity edge pool & jacuzzi, fitness center, billiard room, concierge service, valet parking and more!

Posted via web from Fort Lauderdale Home Source

Monday, December 7, 2009

Cities With the Most Overpriced Properties


Daily Real Estate News  |  December 4, 2009  |   Share</span></div></div>

Cities With the Most Overpriced Properties
Despite having no luck selling their properties, home owners in some parts of the country have clung tenaciously to their notions of the value of their homes.

Forbes magazine ranked markets it considered the most overpriced based on the ratio of the median initial list prices compared to the median list prices at the time the properties actually sold. It also factored in how long the properties stay on the market. In addition, the magazine considered expert forecasts of price increases in the areas, which could be what were encouraging home owners to price high.

The top 10 areas where Forbes found the most over-priced properties were:
1. Orlando
2. Miami-Fort Lauderdale-Pompano Beach
3. Jacksonville, Fla.
4. Baltimore-Towson
5. Chicago-Naperville-Joliet
6. San Antonio, Texas
7. Denver-Aurora
8. Tampa-St. Petersburg-Clearwater
9. Indianapolis-Carmel
10. Austin-Round Rock

Source: Forbes, Francesca Levy (12/03/2009)

Posted via web from Fort Lauderdale Home Finder's Page