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Category: Florida Real Estate

The Housing Market Is Not as Bad as You May Think

Thu Nov 10, 2022 on Florida Real Estate

The Housing Market Is Not as Bad as You May Think

With mortgage interest rates breaking 7% as the Federal Reserve attempts to quell inflation,  there is much “doom and gloom” news about the housing market. The National Association of Realtors report decreased home contracts falling for the fourth straight month in September, down 31% compared to last September.  A typical homebuyer in October paid 77% more on their loan per […]

How Can I Cancel My Real Estate Contract In Florida?

Sat Oct 1, 2022 on Florida Real Estate

How Can I Cancel My Real Estate Contract In Florida?

You don’t have to read  beyond the headlines to know that prices are up, and interest rates have virtually doubled in the past twenty four months.  In addition, many people have chosen not to look at their 401(k) plans or other investments because both have been down due to the current economic climate. The question is: How are these factors […]

The Effects of the South Florida Housing Slowdown

Tue Sep 20, 2022 on Florida Real Estate

The Effects of the South Florida Housing Slowdown

OVERVIEW: Market effects of real estate Overproduction Purchasing less consumer goods With mortgage rates surging past 6% this week, the cost of home ownership is becoming more out of reach for borrowers. Some borrowers are deciding to wait, hoping that prices and rates will fall as the overall market and inflation slows with it. Other home buyers, however, are opting […]