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Category: Real Estate

AI Architecture: Futuristic Cities  

Thu Sep 22, 2022 by on Real Estate

AI Architecture: Futuristic Cities  

With the ever-evolving landscape of the metaverse, holograms, and focus on artificial intelligence, futuristic cities are being developed. One such futuristic real estate project, AI x Future Cities, relies upon an artificial intelligence imaging tool that generates images based upon written prompts. Using phrases such as “futuristic towers” and “utopian technology,” real estate designs and architecture are created through the […]

As The Housing Market Cools, Sellers Cut Prices

Wed Aug 10, 2022 by on Real Estate

As The Housing Market Cools, Sellers Cut Prices

Sellers are changing their playbook because of mortgage rates OVERVIEW Why the housing market has been hot in 2022 What suggests prices are starting to cool down How home prices will affect the economy The housing market is currently full of unhappy people. Among them are sellers who realize they’ve listed their properties too late. Redfin says home prices are […]

Why Adjustable Rate Mortgages May Be Back In Vogue

Mon Jul 11, 2022 by on Real Estate

Why Adjustable Rate Mortgages May Be Back In Vogue

With economic uncertainty in the market, many homeowners are looking to adjustable rate over fixed rate mortgages. Why? Initially adjustable-rate mortgages, or ARMs, typically offer lower rates than fixed mortgage rates and then adjust at specific intervals over the life of the loan. Currently, ARMs look attractive to those home purchasers who are concerned with both higher mortgage rates, rising […]

Housing Market Shift and South Florida Real Estate

Tue Jun 7, 2022 by on Real Estate

Housing Market Shift and South Florida Real Estate

There is new market research that indicates that home price listings throughout the United States have been reduced 24.1% over the past few weeks. Why? With increased demand and short supply of homes, many sellers have been able to place their homes on the market for much higher prices with buyers willing to pay over their asking price. However, with […]

Fear of Missing Out Fuels Housing Market

Mon Apr 25, 2022 by on Real Estate

Fear of Missing Out Fuels Housing Market

While both interest rates and home prices in South Florida have increased, there is still an upsurge in real estate investment and purchases. Typically, rising mortgage rates and higher than normal home prices would lead to a slowing of the real estate market. Yet, researchers at the Federal Reserve Bank of Dallas find that a fear of missing out or […]