Entries by Rich Barnhart

South Florida Multifamily Market Remains Strong

Multifamily ask and sale prices continue their upward trend while inventories remain low. Current Fort Lauderdale market trends data indicates a decrease of -0.6% in the median asking price per unit for Multifamily properties compared to the prior 3 months, with an increase of +15.7% compared to last year’s prices. County-wide, asking prices for Multifamily […]

Miami Fort Lauderdale Multi-Family Market Remains Hot

Multi-family Asking Prices in Fort Lauderdale Current Fort Lauderdale data indicates an increase of 6.7% in the median asking price per unit for multi-family properties compared to the prior 3 months, with an increase of 19.9% compared to last year’s multi-family prices. Metro Area Multi-family Sales Prices Sales price data indicates a 15.2% increase year […]

Fort Lauderdale Multifamily Continues Upward Trend

Multifamily Sales Price Trend (per unit) The Miami/Fort Lauderdale Metro multifamily market continues its upward trend with per unit sale prices up 14.9% year over year. This trend is relatively modest compared with previous years. This time 3 years ago properties were trading for about $45,000 per unit. Now the median sales price per unit […]

Fort Lauderdale Retail Rebound

The Fort Lauderdale retail segment has rebounded nicely over the past year, but still has a long way to go to reach the peak we experienced in 2007. Recent improvements in this segment are directly related to the strong housing and labor markets. Low vacancy rates and positive absorption are driving asking retail rent rates […]