As Summer Approaches, South Florida Real Estate Market Heats Up
FORT LAUDERDALE, FL -- According to a recent report by the Greater Fort Lauderdale Realtors, the median price of a single family home in Broward County rose sharply by 26 percent from a year ago, while condos jumped 27 percent, a sign that the South Florida real estate market is finally starting to rebound. A similar trend also exists in Miami-Dade County and as a result, a South Florida real estate firm is encouraging investors and potential homeowners to take advantage of buying opportunities while they still exist.
“We are seeing an increase in activity and the South Florida real estate market is finally coming out of the doldrums,” said Cory Fritzler, founder and CEO of Investyle Real Estate, a South Florida real estate company that deals with the sale, rental and management of vacation units, condos and single family homes.
“It’s still a buyer’s market, but that could change very soon if these trends continue,” Fritzler added.
Historically-low interest rates and bargain real estate prices have also ignited activity, as well as foreign investors taking advantage of buying opportunities. Nearly 1,000 people per day are moving to Florida, many of which are coming for white collar jobs and a favorable climate – Fritzler notes that all of these individuals are in need of housing.
As a very active real estate agent in the Fort Lauderdale and South Florida areas, Cory Fritzler has a network of investors with inventories of homes for sale. He has an active knowledge of market trends, real estate values and deals to be purchased both as a primary residence or investment.
Investyle Real Estate also offers oversight and management of homes and condos for out-of-state investors. Its rental properties provide housing to vacationers and snowbirds in Fort Lauderdale, Miami Beach and other areas of South Florida. The company weathered the recent downturn and is now positioning itself to capitalize on the current market environment.
“South Florida is still one of the best places in the country to invest in real estate. A combination of great weather, beautiful beaches and a strong job market will continue to decrease inventory and drive up prices,” says Fritzler. “Buyers will see better deals sooner rather than later.”
For more information, visit http://www.investylerealestate.com or call 1-305-978-3715.
- Contact Information
- Cory Fritzler
- Investyle Rea Estate
- (1) 305-978-3715
- Contact via E-mail
This news content may be integrated into any legitimate news gathering and publishing effort. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.