While the pandemic hasn’t exactly done the economy many favors, South Florida’s home sales are seemingly remaining unaffected.
Broward’s overall sales for single-family homes as well as condos increased more than 14 percent between September 2019 and September of this year, per the Miami Association of Realtors. During the same period of time, Miami-Dade saw an encouraging rise of more than 12 percent.
As states charge high taxes, South Florida is seeing an influx of citizens while political peace is being pursued by South Americans, also purchasing South Florida homes. Properties are seeing brisk sales and there are already low distressed sales, which typically indicate there is a stable real estate market.
Remember that if you’re seeking to purchase property in South Florida or other cities in Florida like Naples and Tampa, Monroe Funding Corporation is ready to help. We’ve built a solid reputation in providing money to buyers quickly with few approval hassles versus a traditional lender and we want to help you achieve your real estate buying goals.
This update is by hard money loans Miami company Monroe Funding Corporation, a direct equity lender serving clients throughout Central and South Florida. We specialize in first mortgages on non-owner occupied residential and commercial property investments as well as real estate loan options. Our fast and flexible loan programs get you to the closing table quickly and professionally. For more information on hard money lenders Palm Beach or Orlando hard money lending, please call 954-816-0388 or fill out our application.