By Mary Damiano
Sales of existing homes in Broward County defied the current real estate slump by showing a 5 percent increase in October over sales for October of 2005.
The caveat of that figure is that in October 2005, Hurricane Wilma hit South Florida real estate especially hard.
Even so, the median price of Broward County condos has also risen, and has showed an 8 percent increase. Sales of Miami-Dade County homes have also risen, 6 percent over October 2006.
Some boons to buying a house right now: interest rates have stabilized and there is a large selection of homes to choose from. Sellers are pricing homes to sell, and buyers are making out with great prices.
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