The boom is gone: Home sales fall 36% in Broward [South Florida]
South Florida’s five-year housing boom is over.
Prospective home buyers are finding prices falling to more affordable levels. Sellers are waiting impatiently as their houses sit on the market for weeks and months, only to receive tepid interest before reducing their asking prices.
This is a dramatic shift from the sizzling market that had yielded sellers quick buyers willing to pony up top dollar for homes.