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Florida's market profile from the news

  • The median price of a single family home in Broward County rose to $379,400 in September 2005, up 30% from September one year ago.  (South Florida Sun-Sentinel, 11/18/05)
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  • South Florida's economy continues to boom.  Broward County unemployment dropped to 3.6% in November 2005.  (South Florida Sun-Sentinel, 12/17/05)
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  • Florida's population is now 18 million, up 2.3% in one year.  More people moved to Florida in 2005 than to any other state. (WLRN News Brief 12/22/05)
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  • Front page Sun-Sentinel article says Homes listed below the median price sell within days of being listed and that lack of homes for sale contributes to escalating prices in South Florida.  (South Florida Sun-Sentinel, 05/25/05) 
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  • A leading economist says there will be no let-up in the South Florida residential real estate market, and that Baby Boomers will keep the market here strong for the next 30 years.  (Palm Beach Post 11/18/05) 
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  • South Florida home prices jumped 32 percent to a median of $319,400 in February 2005 compared with a year earlier, though sales activity slowed because of a tightening supply of for-sale properties. (South Florida Sun-Sentinel, 03/24/05)
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  • Downtown construction of hi-rise luxury condos has slowed only a little, and development of the northern tier of the urban corps promises to provide affordable new construction in the near future.  (South Florida Sun-Sentinel, 12/22/04)  
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  • By 2010, Census Authorities predict Florida will have a population of 19.6 million, surpassing New York to become the third most populous state.  (South Florida Sun-Sentinel, 04/21/05)
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  • Experts say Broward County will run out of undeveloped land in 2015, maybe sooner. (Miami Herald, 12/5/04)  
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