Regardless of one’s politics, most people will agree that one of the major issues confronting our country is the housing market.  As we discussed in an earlier blog, high interest rates have precluded not only first-time homebuyers from purchasing but also sellers from listing their homes. Why? The issue of attainable housing arises. With high interest rates, potentially less people […]

The Federal Reserve’s recent announcement of a likely interest rate cut has stirred up the South Florida real estate market. Why? Typically, as the Federal Reserve lowers its interest rate, mortgage rates generally fall as well. Consequently, lower mortgage rates would inevitably increase homeowners’ listings and mortgage applications. With more homeowners listing their homes, the housing supply will alleviate the […]