Real estate in Broward County shows signs of recovery

Broward County realtor John Lucka stands in front of a house in the Falcon’s Lea at Ivanhoe neighborhood. This home sold for $5,000 more than Lucka expected. (Kenny Malone / Marketplace).

Florida county tries to recover from real estate crash

Broward County home prices have fallen by nearly half in five years. But the area could be recovering.

In Florida, half of all homeowners are underwater on their mortgages. But now, a glimmer of hope. Broward County saw the biggest year-over-year jump in median home prices in five years.

Kenny Malone of WLRN miami, Broward County realtor John Lucka, Terri Bersach a local leader with the realtor board of directors, and Bill Hardin director of real estate studies at Florida International University discuss the state of real estate in Broward County.

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Read: “Florida county tries to recover from real estate crash,“ an article by NPR Marketplace Morning Report.

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