For years, we have been talking about the impact of climate change on South Florida real estate. I have said in the past that change would likely not come slowly, but that rather it will at some point, become an imminent change. With the images of the destruction from the west coast of Florida from Hurricane Ian, we see close […]
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 […]
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 […]