SOUTH FLORIDA HOUSING MARKET IS HOT……..MUY CALIENTE!!!!!!!!!!!!!!!!!!!!!!

south florida market

By Economic & Finance Report

The South Florida housing bubble continues to rise on a national scale.  GSE (Government Sponsored Enterprise) Freddie Mac  has indicated that the South Florida housing market continues to incline on national index data. 

On data provided by Freddie Mac, South Florida homes is in the 80% percentile range as far as increase of bought homes regionally and nationally. Palm Beach, Broward and Miami-Dade counties had the highest score amongst the counties in Florida. South Florida is also improving in development of the home landscape nationally as well, as far as on time mortgage payments by home owners, and as the housing market rebounds on major demographic fronts.

Reporting by Zillow presented that South Florida only lost 16% of the housing market compared to 27% on the national scale.-SB

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