New Report Shows South Florida Housing Market Stable

?If you live in the Palm Beach Gardens area of Florida, you may have noticed that the real estate market is becoming more stable. This is actually true for all of Southern Florida, and it is good news to everyone, especially to homeowners.

In a story published by the South Florida Sun-Sentinel, we learned a few things about this improving trend in housing:
?South Florida continues to push forward in a ranking of the most stable housing markets nationwide. The tri-county region scored 88.1 on Freddie Mac's Multi-Indicator Market Index for December, up 15 percent from a year earlier. The index tracks mortgage applications, employment, delinquencies and affordability for the top 100 metro areas across the country. A composite score of at least 80 is considered stable. A perfect score is 100.?

Source: <a href="">Housing market grows more stable in South Florida</a> by Staff.
It was also reported that for the first time since 2008, South Florida made the benchmark score of 80 last May. Again, this is good news for those looking to buy, and also for those looking to sell homes.

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