As any of our Broward County readers who have followed our previous posts knows by now, the South Florida area is one of the bright spots among the dim national housing market. Real estate transactions throughout the area are up, both in number and in sales price. In fact, real estate is so attractive in the South Florida region that a recent report detailed how investors from Europe are looking at the area as a means to place their funds outside of the current Eurozone crisis that is rocking financial markets worldwide.
South Florida's residential real estate market seems to be getting more appealing to developers as 22 new projects totaling 4,400 units start to get underway. This does not mean that all of the state's housing troubles are in the past, but it is certainly a very positive turn of events, one that South Florida will likely carry forward well into the future.