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Housing Market Shift and South Florida Real Estate

Sun Jun 12, 2022 by on News

Housing Market Shift and South Florida Real Estate

There is new market research that indicates that home price listings throughout the United States have been reduced 24.1% over the past few weeks. Why? With increased demand and short supply of homes, many sellers have been able to place their homes on the market for much higher prices with buyers willing to pay over their asking price. However, with… […]

UPDATE: Florida Legislature Passes Condo Inspection Law in Wake of Surfside Tragedy

Sun Jun 12, 2022 by on News

UPDATE: Florida Legislature Passes Condo Inspection Law in Wake of Surfside Tragedy

The Florida Legislature unanimously approved a condominium safety bill, S.B. 4D,  this past week, which now awaits the Governor’s signing. Pursuant to that bill, buildings three stories or higher and thirty years old will have to undergo strict safety inspections and every ten years thereafter. Buildings within three miles of the coast must be inspected before they are twenty-five years… […]

Fear of Missing Out Fuels Housing Market

Mon May 16, 2022 by on News

Fear of Missing Out Fuels Housing Market

While both interest rates and home prices in South Florida have increased, there is still an upsurge in real estate investment and purchases. Typically, rising mortgage rates and higher than normal home prices would lead to a slowing of the real estate market. Yet, researchers at the Federal Reserve Bank of Dallas find that a fear of missing out or […]