The housing market has been hotter in South Florida than just about any place on the planet over the last year. But now that interest rates are north of 7%, are they cooling the action in Miami? Dina Goldentayer, Executive Director of Sales at Douglas Elliman, joined Yahoo Finance Live to talk about that. CLICK ON THE HEADLINE FOR MORE
Real estate brokerage Redfin just reported that Americans flush with cash from the stock market rally are buying up the most desirable properties in the U.S. Among the metropolitan areas with a jump in sales of high-end homes was Miami—up 70.4% to $565,000. CLICK ON THE HEADLINE FOR MORE
Some real-estate fundamentals have been changing for the better, and at the moment, there are green shoots in sight — signs of a better balanced housing market ahead. CLCIK ON THE HEADLINE FOR MORE
Housing Market Shows Sign Of Hope Read More »
According to the Federal Reserve’s top official in Miami, the regulatory body is anticipating two hikes this year that could bump the rate to 3.25 percent that is expected to push up the cost of borrowing for commercial and residential loans. CLICK ON THE HEADLINE FOR MORE
Federal Rate May Surpass 3% In 2019 Read More »
