Pembroke Pines Real Estate Opportunities
The Pembroke Pines real estate market has been hit hard by the economic recession as every other real area of the country has. With respect to the size of other cities around the country, Pembroke Pines is relatively small with 146,000 locals. The year 1960 was when the city was founded and is therefore considered to be a young city with respect to the others in the Southern Florida area. The real estate prices in the city are above average even in the wake of the recession. If you are a resident of Pembroke Pines then you will see an expansion in population as well as real estate.
Pembroke Pines real estate is much higher than the national average. Obtaining an average for the real estate market is difficult because of how the economy affects each area differently. Although, a range of $175,000 and $225,000 can be arrived at using the national averages. What's amazing is that the Pembroke Pines real estate goes for $385,000! This is roughly double the national average. The real estate in Pembroke Pines consists of single family homes, townhomes, condos, as well as commercial real estate and land.
If you are looking for real estate in Pembroke Pines then you will want to focus on such areas as Breakers Estates, Chapel Trail, and Victoria Lakes. The Pembroke Pines real estate market is doing decent and consumers that are planning on moving to the area will be impressed by the city.
Overall, the Pembroke Pines real estate market is stable which allows for consumers to have fewer worries. Although, the amount of foreclosures has gone up from the effects of the current recession. But even taking this into account, the area of commercial real estate has continued to be solid. The commercial sector of the real estate market continues to grow rather than decline. In turn, the city's economy has grown as well. And with this local growth in the economy, the Pembroke Pines real estate market, as a whole, has started growing again.
If you are a real estate investor or a consumer looking for property you will find it profitable to invest in the area as the recent foreclosures have caused some properties to reduce in price. This strong trend is expected to continue and real estate investors should look hard at the opportunities that have presented themselves. If you are an investor seeking an opportunity then you may want to check out the Pembroke Pines real estate market.
With its prime location, the city is poised for continuous growth. It is in great demand as it is only 15 miles from both Miami and Fort Lauderdale. Many people want to live in the Miami area, but they do not want to live in downtown. This in turn makes Pembroke Pines to be highly desirable since it is smaller but still a short drive to the night life. Finally, the Pembroke Pines real estate market has the most room to grow as it's the largest city in the area in terms of land. If you are a consumer that is looking for real estate or you are an investor looking to invest in real estate then you will want to consider investing in the Pembroke Pines real estate market. - 23218
Pembroke Pines real estate is much higher than the national average. Obtaining an average for the real estate market is difficult because of how the economy affects each area differently. Although, a range of $175,000 and $225,000 can be arrived at using the national averages. What's amazing is that the Pembroke Pines real estate goes for $385,000! This is roughly double the national average. The real estate in Pembroke Pines consists of single family homes, townhomes, condos, as well as commercial real estate and land.
If you are looking for real estate in Pembroke Pines then you will want to focus on such areas as Breakers Estates, Chapel Trail, and Victoria Lakes. The Pembroke Pines real estate market is doing decent and consumers that are planning on moving to the area will be impressed by the city.
Overall, the Pembroke Pines real estate market is stable which allows for consumers to have fewer worries. Although, the amount of foreclosures has gone up from the effects of the current recession. But even taking this into account, the area of commercial real estate has continued to be solid. The commercial sector of the real estate market continues to grow rather than decline. In turn, the city's economy has grown as well. And with this local growth in the economy, the Pembroke Pines real estate market, as a whole, has started growing again.
If you are a real estate investor or a consumer looking for property you will find it profitable to invest in the area as the recent foreclosures have caused some properties to reduce in price. This strong trend is expected to continue and real estate investors should look hard at the opportunities that have presented themselves. If you are an investor seeking an opportunity then you may want to check out the Pembroke Pines real estate market.
With its prime location, the city is poised for continuous growth. It is in great demand as it is only 15 miles from both Miami and Fort Lauderdale. Many people want to live in the Miami area, but they do not want to live in downtown. This in turn makes Pembroke Pines to be highly desirable since it is smaller but still a short drive to the night life. Finally, the Pembroke Pines real estate market has the most room to grow as it's the largest city in the area in terms of land. If you are a consumer that is looking for real estate or you are an investor looking to invest in real estate then you will want to consider investing in the Pembroke Pines real estate market. - 23218
About the Author:
James Coglin is a realtor in the Southern Florida area and has 25 years experience. Visit his website Pembroke Pines Real Estate that is regularly updated and get more real estate information about Pembroke Pines homes before making any major decisions.
posted by X - Men @ 2:48 AM
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