Annual home sales are expected to rise more than 10% in 2021, following a 5% rate of growth in 2020, according to a recently released Redfin report. CLICK ON THE HEADLINE FOR MORE
Home prices have been rising since 2012 and economists say the end of the run is near. In South Florida, for example, homes are overvalued by close to 20 percent, the highest level in eight years. CLICK ON THE HEADLINE FOR MORE
Nationwide mortgage rates are the lowest they’ve been in at least ten years, and such favorable financing may well be a driving force in the recovery of the real estate market in Miami-Dade, local experts say. CLICK ON THE HEADLINE FOR MORE
“Low mortgage rates and homebuyers from tax-burdened states continue fueling Miami real estate,” said realtors association chairman Jorge L. Guerra Jr. CLICK ON THE HEADLINE FOR MORE
Thanks to ultra-low mortgage rates, it’s an excellent time to buy or sell a home. CLICK ON THE HEADLINE FOR MORE
The 15-year fixed-rate average hit 3.28% this week, the lowest rate since September 2017. CLICK ON THE HEADLINE FOR MORE
