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Monthly Archives: September 2023

Consumer Confidence, the Real Estate Market, and the Percolating Economy

Thu Sep 28, 2023 on Florida Real Estate & News

Consumer Confidence, the Real Estate Market, and the Percolating Economy

There are a number of factors currently influencing the real estate market and the economy in general. Interest rates, low housing inventory, potential government shut-downs, labor strikes, inflation, and higher real estate prices have all added to a four-month low in the consumer confidence level. Why? Many consumers are concerned that the economy is headed to a recession over the […]

Buying a Home: What to Know About An Appraisal Contingency

Tue Sep 5, 2023 on Florida Real Estate

Buying a Home: What to Know About An Appraisal Contingency

If you are a homebuyer seeking a mortgage and the house you contract for appraises for less than the actual contract price, you need to fully evaluate whether to waive the so-called appraisal gap. Waivers of appraisal typically occur in high demand real estate markets, where there are more buyers seeking homes than sellers listing their homes. As a result, […]