Weston Title News

As we begin the New Year, many homebuyers face a similar issue as last year with the current real estate housing market: there is more housing supply, but that supply is stale. Why? According to Redfin, while active listings were 12.1% higher than in November 2023, 54.5% had sat on the market for at least 60 days without going under […]

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 […]

As more and more consumers shop online, the need for large malls has overall decreased. Other reasons for less consumer mall traffic include inflation and changing consumer preferences. Recently, the department store Macy’s has announced that it will close approximately 150 stores throughout the United States by 2027. This has a huge impact on the overall real estate market, as Macy’s […]

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. As a result, lower mortgage rates would inevitably increase homeowners’ listings and mortgage applications. With more homeowners listing their homes, more housing supply will […]