The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates, a major supply shortage, and a year's worth of buyers that ... » Learn More about Higher Rates and Short Supply: The State of Real Estate in 2022
south miami real estate
The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you. Moreover, economists expect the effects of inflation, like a higher cost ... » Learn More about 3 Real Estate Investment Types to Hedge Against Inflation
Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer ... » Learn More about A Return to ‘Normal’? The State of Real Estate in 2022
Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale.1 Nationwide, there were 1.27 million active listings in September, down 13% from the previous year. According to the National Association of Realtors, that’s about 2.4 months of inventory, which is far less ... » Learn More about New Build or Existing Home: Which One Is Right for You?
Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it's dwindling.¹ You're not alone either if you're already feeling drained by the complex logistics of ... » Learn More about 9 Tips for Buying and Selling Your Home at the Same Time