In comparison to November 2021, Palm Beach County November 2022 residential sales decreased 41.1% year-over-year, from 2,793 to 1,646, because of high mortgage rates and low inventory, says the Miami Association of Realtors. Single-family home sales decreased 38.8% year-over-year, from 1,491 in record-breaking November 2021 to 920 in November 2022, due to lack of inventory…
I’ve read endless posts about people backing out of their contracts because of values going down. I’m puzzled at why they don’t assess the market before this and negotiate. I get harassed by a builder who did 1200 starts 30mins in bfe. They’ve already shaved off 25% of the price in January. With this trajectory…
In this market and current circumstances, is buying land still a good investment? My wife and I have the opportunity to buy a 0.40 acre lot in a small village in rural NW Ohio. The current owners bought the lot back in spring of 2021 for $34k. He’s getting desperate to dump this now. It’s…
The real estate market is on just about everyone’s mind these days.
If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates.
The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget.
Today’s market is at a turning point, making it more essential than ever to work with a real estate professional.
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If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know.
Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life.
