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Fort Lauderdale Residential Real Estate – Home Sales Highest Ever!

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Fort Lauderdale Real Estate Condos

As 2005 comes to a close, the hottest Florida real estate market in history shows no sign of cooling off. I’m 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 waterways that wind through million dollar estates. Part of the charm of this city is its mixture of older and more modern architecture. For new residents, single-family and multi-family housing, condominiums, waterfront homes and apartments are available.

Did you know that Fort Lauderdale is evolving into a 24-hour city with diverse residential housing, and outstanding educational, cultural, retail, and entertainment opportunities? Spurred by the renovation of the beachfront, the development of Riverwalk, 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 brought recognition, instilled community pride, and began to redefine the city as an emerging center for business, culture, leisure, and recreation.

Today, Fort Lauderdale is going thru another major redevelopment. The major players are world renowned names such as Donald Trump and The W hotels (by Starwood hotels). These names investing in Fort Lauderdale beach Condo Hotel developments, are indication of Fort Lauderdale status as a city to watch. The popularity of Fort Lauderdale beach brought visitors from around the world. For Hotel Condos in the area, current occupancy rate in session is over 90% and year-round is about 72% and it’s on the rise.

Investors have been snapping new Condos and homes in Fort Lauderdale. Last year, residential real estate in Fort Lauderdale appreciated over 30% and the forecast for next year is 21.9% according to CNN. Fort lauderdale beach new construction projects include, world class Trump International Hotel Condo Resorts (Trump International hotel is rated number 1 in the USA), the W Hotel Condo in Fort Lauderdale (the fastest growing hotel in the world), St Regis Hotel Condo, Las Olas Beach Club (will be the only condo residences on Fort Lauderdale Beach front).

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

Whether, you’re buying real estate for personal use or for investment, this is a great area to enjoy unmatched life style.

Andrew James, Fort Lauderdale Realtor
www.Fort-Lauderdale-Waterfront-Home.com
real-estate@Fort-Lauderdale-Waterfront-Home.com
786-326-7776