Forest Ridge Davie FL Homes For Sale
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Forest Ridge is a neighborhood located in
Davie, Florida. It is a residential community with a mix of single-family homes
and townhomes.
This Broward County neighborhood is known for its
tree-lined streets, park-like setting, and green spaces. It is conveniently
located near shopping centers, restaurants, and other amenities, and is just a
short drive from downtown Fort Lauderdale and the beaches.
Many residents of Forest Ridge enjoy the
community's recreational facilities, including a swimming pool, tennis courts,
and a playground.
For those in search of outdoor bliss,
the Forest Ridge Home delivers in abundance.
Step outside onto the expansive deck,
where the sounds of birdsong and rustling leaves serenade you as you sip your
morning coffee or unwind beneath the starlit sky.
Immerse yourself in the natural beauty
that surrounds you as you explore the lush gardens, meandering pathways, and
secluded alcoves that dot the landscape.
I still ride my bicycle here and occasionally
run into old friends, it brings back a lots of happy memories of when I raised my kids
there, they went to school at Forest Ridge Elementary then to Indian Ridge and
eventually High School at Western High School.
How Much will my Forest Ridge Home be worth in 5 years?
Going with a conservative appreciation rate for Homes of 3.5% per year you can expect a $500K Home to appreciate to:
5 years $594K
10 years $706K
20 years $1 Million
Due to low interest rates
and other issues home values in Broward County FL increased by at least 20% in
2021, so as you can see this is a conservative estimate of future value, we
might get another interest rate decrease soon, we’ll have to wait to see how
the home market will react, it is impossible to predict the future, we can only
look back.
As you can see the more home you can afford the better. This is not a guarantee it is only an estimate.
Why I think the time to buy is in the next few months:
The consensus is that by the end of 2023 the inflation rate is will be at 2.8% from almost 6% now.
If Interest rates were to climb much higher the fed will take action, no body has a crystal ball but this is what is likely to happen get ready!
Watch the brief video above, if the past can teach us something is that when interest rates are low Home and Commercial Properties go up in price and, another argument for in the next few months is that the inventory of homes and commercial properties in South Florida are expected to remain low.
Thank you for the trust placed in me,
Antonio Ortega LLC
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