Sellers are changing their playbook because of mortgage rates OVERVIEW Why the housing market has been hot in 2022 What suggests prices are starting to cool down How home prices will affect the economy The housing market is currently full of unhappy people. Among them are sellers who realize they’ve listed their properties too late. Redfin says home prices are […]
Wed Jun 15, 2022 on Florida Real Estate & News
As the Federal Reserve raises interest rates for the second time in a few short weeks, supply chain issues still abound, and inflation continues to roar, what does this all mean for the real estate market in South Florida and to you? Adjustable Mortgages and Home Prices To begin with, if you have an adjustable-rate mortgage you will likely see […]
Different technologies have developed to offer alternate materials for home construction. Aside from 3-D print technology as we had discussed in an earlier blog, Kota Machida and Yuya Sakai, researchers at Tokyo University, have recently developed a technology that converts food waste into potentially edible “cement” for construction use. These researchers claim that the strength of the cement, made entirely from […]
Tue May 31, 2022 on Florida Real Estate & News
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 […]