Florida Home Sales, Miami Beach Real Estate

Florida Home Sales Rise, Miami Beach Real Estate

Home sales rose shapely in South Florida during March, suggests that regardless of the falling prices, buyers are growing more confident.

Existing single-family homes sales rose again in South Florida last month, jumping by 101$ in Miami-Dade County and 47% in Broward, as the triple draw of low interest rates, tumbling prices and a new $8,000 first-time-homeowner tax credit enticed buyers.

According to the Florida Association of Realtors, for the past eight months the number of homes sold grew over the year-ago-period in both counties, Sales of condominiums rose by 59% in Miami-Dade and 28% in Broward.