Ft Lauderdale Real Estate News 5/19/2020
Ft. Lauderdale Home Values Rise 19% in 2020
Florida Realtors 2020 Year-End Statistics
Home values in Fort Lauderdale rose 19% in 2020.
To be precise: the Median Price of a Single Family Home in Fort Lauderdale, Florida increased to $500,000, which represents a rise of 19.0% from the previous year, according to statistics compiled and released by the Florida Association of Realtors.
What makes statistics reported by the Florida Realtors particularly valid versus other market reports: they are compiled from numbers generated through the MLS of local realtor associations across the state.
Other municipalities in Broward also reported significant increases in the Median Price of Single Family Homes. Not surprisingly, most of these were more upscale cities along the Atlantic coast: Deerfield Beach up 19.7% on 513 Closed Sales; Pompano Beach up 17.0% on 733 Closed Sales; Lauderdale-by-the Sea up 19.2% after 65 Closed Sales. Even Dania Beach showed a rise in the Median Home Price of 19.7% on 187 Closed Sales.
Now it doesn't take a Rocket Scientist to figure out something's going on when...
The Truth, The Whole Truth, A Couple Wise Cracks...4>
An Almost Complete, Un-Authorized & Incredibly Un-Official
History of Fort Lauderdale
by Jim Esposito
From Big Bang to Present Day
When considering the history of Fort Lauderdale and the state of Florida, two interesting facts pop out:
First, the entire state itself was essentially a foreclosure. Florida was ceded to the United States by Spain in 1819 in exchange for the forgiveness of a $5 million debt.
Secondly, Major William Lauderdale, after whom Fort Lauderdale was named, only spent about a month in the neighborhood.
People in Florida see things differently. Surprised this guy doesn't have a fishing pole, trolling.
The Wayback Machine
Once the Earth cooled and the dinosaurs died after that asteroid impact, the crater of which is now called the Gulf of Mexico, the southeastern region of the Floridian peninsula was originally inhabited by the Tequesta tribe of Native Americans, according to archaeological evidence dating back some 4,000 years.
A socio-politically complex society whose main village was located at the mouth of the Miami River along the shores of Biscayne Bay, Tequesta culture centered around dugout canoes, carved by honored craftsmen with crude tools fashioned from sea shells. Picking through ancient trash heaps archeologists found bones from a wide variety of wildlife and fish, including deep water species such as mako sharks, swordfish and right whales.
Think about the (shall we say) fortitude required to paddle a dugout canoe into the ocean to go after blue water sharks and 40-foot whales. It brings a whole new meaning to the term "Stone Age."