Florida has eight of the ten spots on the “Turnaround Town” list put out by the National Association of Realtors. The report took local markets that claimed the most appreciation in median price and the largest drop in inventory from the fourth quarter of 2010, to the same quarter of 2011. Miami claimed the number one spot on the poll! Fort Lauderdale came in as number 8, while cities like Fort Meyers, Sarasota, Naples, Lakeland and Punta Gorda were also on the top 10 list. It’s a good sign for us in Miami, because it seems that the first places to hit bottom tend to be the first to start recovering!
Now is the right time to take advantage of all time low interest rates and buy a home! The Restivo Team can help, so give us a call today.
