NEWS
 
April, 20 2011

Weston, FL: WESTON IS CURRENTLY EXPERIENCING A LARGE INFLUX OF BUYERS
and the demand for homes will continue to rise through spring and summer as everybody wants to be moved in by the time schools starts again in the fall.The shortfall is the very low inventory of homes in the market right now. As per MLS there are currently 350 properties for sale versus about 700 at this time last year. This reduced inventory is being driven by high demand, short sales, homeowners staying in their homes until they are foreclosed on, and lenders opening up and making mortgages more accessible. All these variables are creating situations where a property will have several offers that compete against each other. Prices in Weston have increased almost 10% from last year. The first signs of a tentative recovery are all around the city.
 
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