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The Real Deal Miami

South Florida has nation’s best and worst housing markets: survey

October 25, 2011 12:59PM

South Florida has the top housing market in the country, Weston, and the worst, Homestead, according to a survey by Bloomberg Businessweek.
Weston has seen a 15.1 increase in home values since 2009, while
Homestead’s values have dropped by 48.8 percent in the last two years.
Weston, where athletes from Dan Marino to Hanley Ramirez have lived, had
a median sale price of $335,000 as of Aug. 31., according to Zillow; the town was called one of the most affordable in America in 2006 in a similar survey. [Businessweek]