Wed Sep 8, 2021 on Blog
Many prospective homebuyers are waiting for a correction in the housing market to purchase a home at a bargain comparable to the 2008 market crash. However, there are different factors now. The housing bubble 15 years ago was largely driven by questionable lending policies that led to a boom in new construction and a speculative frenzy. Now, prices are high […]
Thu Sep 2, 2021 on News
Published: September 2, 2021 8:59 am on WPLG Local 10 by Authors Kathleen Corso & Kristi Krueger WESTON, Fla. – Condos, apartments and single family homes: Demand for every kind of housing in South Florida has been soaring, but some experts see signs of a shift. Last month, property sales in Miami-Dade, Broward and Palm Beach counties dropped compared to July 2020. “I see that there’s a […]
Tue Aug 31, 2021 on Blog
Florida homeowners who skipped their mortgage payments due to the pandemic are now going to have to resume their payments, as forbearance periods have limits which can range up to eighteen months. While some homeowners may be able to restructure their mortgage loans or move the payments not made to the end of their loans, there still remain homeowners who […]
Fri Jul 30, 2021 on News
The housing boom that we have experienced for the past year is slowing down. In fact, sales of new homes decreased in June to the lowest level since the early days of the pandemic in April 2020, according to the U.S. Census Bureau. Sales of new single family homes decreased to 19.4% below June 2020 levels, and are 6.6% of May’s rate. […]