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Fort Lauderdale Fleet Week 2023 Ship Tour Link Navy Days in Fort Lauderdale will be from April 23 – 30.  This annual event is a long standing tradition and our opportunity to make sailors feel welcome and appreciated. Have you ever wanted to see what a ship looks like up close?  Here’s your chance as ship tour reservations are available NOW.  Reserve early […]
Home Sellers Opportunity in March’s Numbers
Home Sellers Is Beautiful Bougainvillea for You? I found the article below with some great tips on caring for this colorful showstopper.  Since this article isn’t region-specific I want to add a couple of SoFlo tips from personal, prickly experience. Bougainvillea is a dramatic and persistent bloomer and a great addition to South Florida landscapes and patios with some cautions. BE PREPARED […]
Home Buyers January 2023 Market Update
Home Buyers So what’s really happening in real estate these days? The MBS Highway Housing Survey collects the impressions of hundreds of real estate and mortgage professionals throughout the country. These impressions reflect the state of the market through two measures; Buyer Activity and Pricing Pressure. Buyer Activity This measures consumer interactions experienced by real estate agents and mortgage brokers.  The measure ranges from Very Active […]
Home Buyers Color of the Year The Pantone Color Institute has chosen a “color of the year” for over two decades.  What apparently started as an afterthought casually offered in the last weeks of the year has transformed into a 20-person team that, devotes 9 months to analyze global social, political and economic goings-on and mushes those factors into a color […]
Home Buyers Good Real Estate News as we Wrap Up 2022
Market Conditions Mortgage Rates Down Again The National Average Mortgage Rate declined for the fifth consecutive week to 6.31%.  This is good news for sellers and buyers of real estate as it reflects some stabilization in the market.
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Market Conditions Dramatic Drop in Mortgage Rate The National Average Mortgage rate is 6.33% this week as reported by Freddie Mac.  This is the fourth consecutive week of decline in the rate.  In fact the rate has declined three quarters of a percent in this period, the sharpest decline since 2008.
Market Conditions Mortgage Rate Declines for third week Mortgage rates continued to decline this week as optimism that the Federal Reserve will slow Fed Rate hikes.  The optimism is based on indications that the actions of the Federal Reserve have started working to control inflation.
Market Conditions Market is Softening with Prices Holding The typical measurements of a slowing market are evident in the October numbers; inventory is up; the number of sales, with prices holding for now.  Time will tell when/how supply and demand forces will influence prices but as of now values are being maintained. The upshot?  Now is still a good time to sell if […]
Market Conditions Broward County Real Estate Market update The statistics for September 2022 have been compiled and no surprise, they document that we’re in a changing market.  While the number of sales is decreasing and the number of homes available for sale (what we call “inventory), the median selling price has been fairly stable, in fact unchanged for three months at its highest […]
Market Conditions August Statistics The buzz-phrase this month is price deceleration. Get a copy of these slides of your very own at this link: https://bit.ly/BrowardStats8-22
Market Conditions Broward County Stats for June Broward County statistics for June show reveal a changing market.
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