Real Estate

Fort Lauderdale Residential Real Estate – Home Sales Are Highest Ever!

Fort Lauderdale Real Estate Condos

As 2005 comes to a close, Florida’s busiest real estate market in history shows no signs of cooling off. I am pleased to report that research shows that home sales in 2005 were the highest ever recorded.

Called the “Venice of America,” Fort Lauderdale is filled with beautiful canals that meander through million-dollar properties. Part of the charm of this city is its mix of old and new architecture. For new residents, there are single and multi-family homes, condominiums, beachfront homes, and apartments available.

Did you know that Fort Lauderdale is becoming a 24-hour city with diverse residential housing and excellent educational, cultural, business, and entertainment opportunities? Driven by beach renovation, Riverwalk development, and huge infrastructure investments by the city and

Broward County, business is booming, and not just the tourism business.

Fort Lauderdale condos and hotel condos

Fort Lauderdale’s early redevelopment projects generated recognition, inspired community pride, and began to redefine the city as an emerging center for business, culture, leisure, and recreation.

Today, Fort Lauderdale is going through another major redevelopment. The main players are world-renowned names like Donald Trump and the W hotels (from Starwood hotels). These names investing in Fort Lauderdale beach hotel condominium developments are an indication of Fort Lauderdale’s status as a city to watch. The popularity of the Fort Lauderdale beach drew visitors from all over the world. For hotel condominiums in the area, the current session occupancy rate is over 90% and year-round is around 72% and growing.

Investors have been buying new condos and houses in Fort Lauderdale. Last year, residential real estate in Fort Lauderdale appreciated more than 30% and the forecast for next year is 21.9% according to CNN. New construction projects on the beach in Fort Lauderdale include, world-class Trump International Hotel Condo Resorts (Trump International Hotel is ranked #1 in the US), W Hotel Condo in Fort Lauderdale (the Fort Lauderdale fastest growing in the world), St Regis Hotel Condo, Las Olas Beach Club (will be Fort Lauderdale’s only beachfront condominium residences).

As a leading Fort Lauderdale real estate agent, I have great confidence in the Fort Lauderdale real estate market and major players investing heavily in the area would confirm my belief. Fort Lauderdale homes, condos, new construction, pre-construction are excellent and safe investments.

Whether you are purchasing real estate for personal use or investment, this is a great area to enjoy a lifestyle like no other.

Andrew James, Fort Lauderdale real estate agent

http://www.fort-lauderdale-waterfront-home.com

real [email protected]

786-326-7776