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Yearly Archives: 2020

Historical Low Mortgage Rates Provide for Personal Elections

Wed Feb 19, 2020 by on Florida Real Estate & Real Estate

Mortgage rates at All Time low

As the election season starts, the United States is starting to wonder who will be able to lead and help this country the most. But little do they know that this person could be him/herself, and everyone else contributing to the record high multitrillion dollar personal debt. Breaking Records Bloomberg reported, quoting a report from the Fed, that household borrowing increased […]

Coronavirus is Impacting Global Markets… And South Florida Real Estate?

Florida Coronavirus

The recent onset of the dreaded Coronavirus which has caused a global health emergency  reminiscent of the deadly SARS virus eighteen years ago. As of writing this, there are unfortunately 563 people that have died mostly in China where the outbreak originated, and many others have been quarantined on a Southeast Asian cruise ship as well as at other facilities. […]

The Wealth Effect: Do you feel it?

Mon Jan 27, 2020 by on Real Estate

rising stock market

With the fresh stock and real estate market highs as well as consumer spending continuing to accelerate, we must ask, is there a “wealth effect” in play? The “wealth effect” refers to an increase in consumer spending that is relative to portfolio performance such as strong markets in real estate and stocks. Simply put, when a person’s investments go up […]

Baby Boomers are selling over 21 million homes… what could this mean?

Tue Jan 7, 2020 by on Real Estate

Baby Boomers Are Selling Over 21 million Homes

Despite the ever-shrinking housing supply in the United States, about 21 million homes are expected to be vacated in the next 20 years. Why? Baby Boomers. As the Phrase Goes: Location, Location, Location Baby Boomers want to start selling their properties, but these homes are not in the preferred locations of the generations that are in the process of buying […]