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Category: Real Estate

Lifting of COVID-19 Travel Restrictions and the South Florida Housing Market

Mon Nov 15, 2021 by on Real Estate

Lifting of COVID-19 Travel Restrictions and the South Florida Housing Market

The recent lifting of pandemic related international travel to the United States has created huge anticipation of an influx of foreign investment within South Florida. Although foreign buyers in Florida make up approximately 5% of the dollar value of sales,  analysts predict that, with the easing of travel restrictions, international buyers will flood the South Florida housing market, making the […]

The Future of Things: Virtual Reality and Real Estate

Tue Oct 19, 2021 by on Real Estate

The Future of Things: Virtual Reality and Real Estate

While most of us have yet to be formally introduced to the term “Metaverse” that will change shortly as Facebook plans on changing its corporate name to embody the Metaverse world. With the recent launch of William Shatner (and others) in space, most of us realize that what we once thought was sci-fi has now become reality. The concept of […]

3-D Technology and Housing Market: A Game Changer?

Mon Sep 13, 2021 by on Real Estate

3-D Technology and Housing Market: A Game Changer?

A potential disruptor in home construction is the advent of 3-D printed homes. Not only does the use of 3-D printing obviate the current labor and supply shortages, causing an undersupply of available homes to purchase but also provides a more affordable market price for home buyers. What is a 3-D printed home? Picture courtesy interestingengineering.com 3-D printed homes are […]

The Search for Affordable Homes

Wed Sep 8, 2021 by on Real Estate

The Search for Affordable Homes

Many prospective homebuyers are waiting for a correction in the housing market to purchase a home at a bargain comparable to the 2008 market crash. However, there are different factors now. The housing bubble 15 years ago was largely driven by questionable lending policies that led to a boom in new construction and a speculative frenzy. Now, prices are high […]

Six Signs That We Are Nearing 2008-Like Housing Bubble

Tue Aug 17, 2021 by on Real Estate

Six Signs That We Are Nearing 2008-Like Housing Bubble

Forecasters predict that we are on our way to a housing bubble reminiscent of 2008…but for different reasons. While the pandemic created a housing boom, with an increased demand in homes, resulting in shortages and bidding wars. Yet, this pandemic-era market is markedly different from the late 2000s housing frenzy. Then, the frenzy was due to questionable lending practices and […]

The Cool-Down of the Housing Market

Fri Jul 30, 2021 by on Real Estate

The Cool-Down of the Housing Market

The housing boom that we have experienced for the past year is slowing down. In fact, sales of new homes decreased in June to the lowest level since the early days of the pandemic in April 2020, according to the U.S. Census Bureau. Sales of new single family homes decreased to 19.4% below June 2020 levels, and are 6.6% of […]