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.
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 […]
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.
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
Most experts project seeing modest growth in the U.S. housing market for the remainder of this year and next. Inventory will remain tight, mortgage rates will continue to creep up, and affordability will remain a major issue in many parts of the country. Take a look at some of the top indicators.