In 2012 Median Price Increased 12% in 12 Moths

For many homeowners, 2012 was the year they finally put the housing bust behind them.

Year-end numbers released Monday show the median price for existing single-family homes inBroward County jumped 12 percent, with more properties selling and some flying off the market.

"We're no longer waiting for the other shoe to drop," said Summer Greene, immediate past president of the Florida Association of Realtors.

The county's median price hit $208,000, compared with $185,900 in 2011, according to the Greater Fort Lauderdale Realtors. Broward hasn't closed the year at the $200,000 threshold since 2009, when prices were still on their way down.

Evidence of a housing recovery began to mount in recent months, but these latest figures confirm that 2012 was indeed a turnaround year. * Source: Sentinel

To Buy, Sell or Rent Properties in Miami go to http://www.JuanSolerRealtor.com