Online searches for “sell my house” has increased by 147% as of July. Florida ranked number 5 out of the top 10 states that had the most searches for selling a home. In fact, Fort Lauderdale, West Palm Beach, Miami, Coral Springs, Boca Raton, and Port St. Lucie are some of the cities that had the most search queries. Is […]
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 […]
The Centers for Disease Control and Prevention (CDC) has conducted a study that has found glyphosate to be present in samples from weed killers including the popular Roundup brand. New Study Finds Cancer-linked Roundup Ingredient Present in Majority of U.S. More than 80% of urine samples drawn from children and adults in a US health study contained the weedkilling chemical, […]
In June 2021, the Supreme Court refused to hear Johnson & Johnson’s appeal on the $2 Billion verdict awarded in favor of women who claimed that their ovarian cancer was due to use of J&J’s talcum powder. As we have previously reported, the link to asbestos and J&J’s talcum powder dates as far back as the 1970s. Now, J&J is trying to […]
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 […]
As the Federal Reserve raises interest rates for the second time in a few short weeks, supply chain issues still abound, and inflation continues to roar, what does this all mean for the real estate market in South Florida and to you? Adjustable Mortgages and Home Prices To begin with, if you have an adjustable-rate mortgage you will likely see […]
Different technologies have developed to offer alternate materials for home construction. Aside from 3-D print technology as we had discussed in an earlier blog, Kota Machida and Yuya Sakai, researchers at Tokyo University, have recently developed a technology that converts food waste into potentially edible “cement” for construction use. These researchers claim that the strength of the cement, made entirely […]
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 […]