Ask our community... Many home buyers and sellers are not fully aware that the housing market has shifted dramatically over the last 6 months. After years of high inventories and limited buyer activity, home inventories are now being depleted rapidly. This is due to high demand driven by low interest rates and an increase in Consumer confidence. Home buyer activity is currently very high as buyers who have been holding off on their home purchase for years are finally entering the market. In addition, there has been a large increase in sales attributed to foreign investors who are making cash purchases. These dynamics have resulted in multiple offers becoming the norm which is driving higher sale prices. August 23 2012 - Pembroke Pines00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.