Linda Baker, Real Estate Pro in Los Gatos, CA

How is the market in W. Fort Lauderdale, Fla?I have a client moving there, and she is curious if she should

Asked by Linda Baker, Los Gatos, CA Thu Mar 13, 2008

buy or rent.
Many thanks,
Linda Baker

Help the community by answering this question:


BUY, and great a great deal!
1 vote Thank Flag Link Tue Apr 22, 2008
Today's market is plenty of great buying opportunities. This area has very nice communities and lot of ammenities. It's time to buy a great property for a price that will never come back again.
1 vote Thank Flag Link Tue Apr 15, 2008
Linda, let me update you on the facts and trends of the SW Broward (West Fort Lauderdale) area. It is comprised of Weston (a favorite Arvida planned community), Davie, which is rural, and Pembroke Pines, which boasts a great deal of places to shop!

I would always suggest buying if your client is going to be in the area for at least five (5) years.

Facts and Trends: For those three particular areas, we have about 36 months of supply (all property types), and we have had about a 10% increase in inventory and a decrease in sales of 39%.

However, our population is slated to keep growing since people gravitate to coastal areas. According to our company president, Ron Shuffield, 193,000 peopled moved to Florida last year, which is an indicator that we will weather any shake-up in the real estate arena. The Broward School District in the fifth largest in the nation.

If renters are not careful, they may miss great buying opportunities because the home they are renting may increase in value while they are a tenant, and the increase in rent may outweight what they would eventually be paying to enjoy the full benefits of homeownership.

Recently, we have voted to put on our ballot for November to decrease our property taxes, therefore, making buying real estate much more palatable than renting.

Please contact me for any further information regarding South Florida and our market trends. Should you desire to check out market trends, a "consumer" version is on our company website: Here you and your client will be able to compare various municipalities in our area.

0 votes Thank Flag Link Mon Apr 28, 2008
Hi. I am no realtor or a mortgage broker but I own a place in Plantation 33324 (just W of Ft. Lauderdale). I would advice your client to keep in mind the insurance and the maintenance fees, which are so very high here. Insurance, if you can get it, goes up every year, so much that it is beyond reason. She may be better off renting a very nice place, enjoying South Florida, and forgetting about the insurance (other than renters insurance, of course).

M. Barrera
0 votes Thank Flag Link Sun Mar 30, 2008

I find that the market in West Fort Lauderdale is definately stronger than the east side right now, I am not a realtor but I do own a mortgage comapny and we are busy, very busy. However most of our deals are for homes being purchased in Weston, Davie and Pembroke Pines. I find that Weston has the best schools in the area and seems to have the best retention of value. However keep in mind that like everywhere else even weston has taken som esignificant hits to prices. As everyone has mentioned to you there are tremendous buying opportunities in this area, especially if they are looking to relocate for an extended period of time. Fel free to call me or email me and I woudl be happy to give you my thoughts on the area.

Joe Sloboda
(954) 557-4653
0 votes Thank Flag Link Thu Mar 27, 2008
My husband and I have our own small boutique brokerage located in Pembroke Pines in the western area of Greater Fort Lauderdale. We service Pembroke Pines, Davie, Weston, Hollywood, Cooper City, Plantation, Miramar and Southwest Ranches as well as the eastern part of Fort Lauderdale and the beaches. It is definitely a buyers market here right now with lots of inventory available. If your client is planning to remain here, then she will definitely find lots of tremendous bargains in the Pines areas - several home sellers are struggling to avoid foreclosure. Obviously, being brand new to an area, it could make sense to rent for a few months and then buy. Depending on what she wants, whether it be townhome, condo or single family, there are a lot of choices. The other questions, as with anyone relocating, are to find out if she is dependent on school areas (if she has children), if she is working, and where, etc. etc. We work with lots of people who relocate to this area and do what we can to make them feel "at home" and comfortable during the home buying process.

If your friend would like to discuss her situation, we'd be delighted to help!

Best wishes from sunny South Florida in Pembroke Pines,

Web Reference:
0 votes Thank Flag Link Mon Mar 24, 2008

My agent partners in Ft Lauderdale tell me things are real slow there. Slow can be a relative term so track down an agent for yourself in that area that knows how to collect up to date statistics and see if you can get a more direct answer. - JD
0 votes Thank Flag Link Thu Mar 13, 2008
Linda, I service the area that is west of Ft Lauderdale in Coral Springs Florida and there are fabulous buying opportunities here. It all depends on what your client is looking for in a place to call home. If you need any assistance, it would be my pleasure to help out.

Visit a few of my sites at:
0 votes Thank Flag Link Thu Mar 13, 2008
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