The Real Deal Miami

Fort Lauderdale market may see drop

August 16, 2011 10:24AM

Fort Lauderdale is among ten real estate markets across the country that
could see significant falls this year, according to data from the
Fiserv Case-Shiller Indexes. The data, which looks at real estate
activity in 380 cities, predicts Fort Lauderdale will be among those
with the highest-percentage price drop between the first quarter of this
year and the first quarter of 2012, according to AOL Real Estate. The
value of Fort Lauderdale’s 686,000 homes is expected to fall through the
second quarter of 2013 at a minimum. [AOL]