Tue Nov 16, 2021 on Blog
The recent lifting of pandemic related international travel to the United States has created huge anticipation of an influx of foreign investment within South Florida. Although foreign buyers in Florida make up approximately 5% of the dollar value of sales, analysts predict that, with the easing of travel restrictions, international buyers will flood the South Florida housing market, making the […]
Fri Nov 5, 2021 on Blog
The Great Resignation Labor shortages across various industries seem to be the “new” reality these days. With a record breaking 4.3 million Americans or 2.9% of the entire workforce quitting their jobs just last month, the “Great Resignation” is arguably due to the pandemic. Factors leading to the Great Resignation include government benefits, remote working, and moving to different locations for […]
Tue Oct 19, 2021 on Blog
While most of us have yet to be formally introduced to the term “Metaverse” that will change shortly as Facebook plans on changing its corporate name to embody the Metaverse world. With the recent launch of William Shatner (and others) in space, most of us realize that what we once thought was sci-fi has now become reality. The concept of […]
Thu Sep 30, 2021 on Florida Real Estate
The number of homes sold last month decreased for the first time in a year, while prices remained stable. Closings in Palm Beach were down 10.0%, Broward 2.8%, and 3.5% in August as compared with last year, with the median sales price in Palm Beach being $480,000.00 (up 20% from last year); $495,000.00 in Broward (up 19%), and $500,500.00 in […]