Single Family Homes and Condos in Palm Beach County Summary Reports This Month 2021 with Stats and SOLD Housing Trends. Buying or Selling, Text/ Call 561-339-1779 to set-up FREE Consultation.
It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country.
While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in 2020-2021, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated […]
US unemployment rate at 50 year low, interest rates are low with rumors of heading to a Recession. Where is real estate market headed? What does it mean for me?
In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history and continue low in November. Are today’s rates truly a bargain? 561-339-1779