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Market Conditions in Southend : Real Estate Advice

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Mon Sep 12, 2011
Richard Leavy answered:
I'm not acquainted with your personal finances/assets but Southern Palm Beach is prime property. Assuming you want a good return on your investment I honestly can't think of a better location to purchase. N.E. Lauderdale is no longer affordable to most people unless you purchased a home long long long ago. In fact, flawless 3/2 homes are being bulldozed down to accomodate so called "McMansions" - So current homeowners are either being taxed out of their neighborhoods or being paid off millions of dollars so people can build. Its all about the location however I would take my chances purchasing a larger home located more east rather than a smaller home located further west in Lauderdale for the same money. Good luck finding even a respectable 2/2 for >300,000k As expensive as it may seem, it will be worth the risk. The South Florida Market is real estate proof if you ask me. God's not making any more land. Not in South Florida anyway. I would stretch your dollar to the point of agony to get as east of Federal Highway as possible. Good luck, and make sure you consult with a realtor who actually knows what I think I know :) ... more
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