Home prices in the country could fall 15 to 20 percent in a “pessimistic” scenario, according to the recently published report. If that correction happens, it could remove 0.5 to 0.7 percentage points from consumer spending. CLICK ON THE HEADLINE FOR MORE
Housing prices in South Florida continued to climb last month, reaching levels not seen in almost 15 years. But rising interest rates, which hit 5.37% last week, so far don’t seem to have cooled the market. CLICK ON THE HEADLINE FOR MORE
Sunny, relatively affordable areas are typically the most popular places for people to move to, a trend that has picked up with the pandemic. The number of residents flowing into Miami in the first quarter was up nearly six fold from two years earlier, CLICK ON THE HEADLINE FOR MORE
A total of 74 buyers spent more than a half million dollars over the listing price for a house in April, May and June, compared with 18 who did so in the first quarter of 2021, according to a recently published Zillow study. CLICK ON THE HEADLINE FOR MORE
A lack of inventory continues to plague parts of South Florida, with the luxury sector outperforming other price points. In the first quarter, residential sales volume totaled $15.8 billion in Miami-Dade, Broward and Palm Beach counties. CLICK ON THE HEADLINE FOR MORE
Many northerners fleeing the coronavirus have set up shop in South Florida and some say they never want to leave. CLICK ON THE HEADLINE FOR MORE
International purchasers spent only about half of what they did on U.S. real estate just two years ago according to a recemt NAR report. So being a magnet, attracting about a fifth of foreign investors, what are the ramifications for the Sunshine State? CLICK ON THE HEADLINE FOR MORE
After going through an identity crisis, The Grove is now considered a destination point for people and finding its redefined identity with new condominiums on Bayshore Drive. CLCK ON THE HEADLINE FOR MORE
The increase marks the seventh highest increase in the nation. CLICK ON THE HEADLINE FOR MORE
