Monday, November 28, 2011

Home Values Sure To Keep Rising

The Cherry Group, The Coconut Grove Realtors, received a report a few moments ago from our Broker, Coldwell Banker. Look out! Inventory, on average, in Miami is down to 6.3 months from its high of 36 months of inventory at the height of the housing crisis in 2008. Broward County has about 5.4 months. Shorter supply means prices are moving up. Beginning to get calls from Art Basil visitors wanting to see properties, especially with lots of wall space.

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