Fort Lauderdale Waterfront Market Watch

Fort Lauderdale is known as the “Venice of America”, a name that was assumed by the city and added to its seal back in the 1920’s. In reality Fort Lauderdale dwarfs Venice with 165 miles of waterway compared to only 26 miles for our Italian...

CNBC: Mortgage Rate Discussion with Mark Fleming

First American Chief Economist Mark Fleming discusses rising mortgage rates on CNBC. Mark provides a calm and cool perspective on why we shouldn’t panic about rising rates. Mark Fleming talks about rising mortgage rates from...

NAR: September 2018 Housing Minute

Courtesy of the National Association of REALTORS® this video provides a nice snapshot of the national housing market as of August 2018. Some highlights from the video: August Sales were down 1.5% from last year, but median sales prices were up 4.6% from last year....

NAR: August 2018 Existing Homes Sales Report

Here is the August 2018 Existing Home Sales Report from Lawrence Yun, Chief Economist for the National Association of REALTORS®. Sales are down slightly, but median prices continue to rise. The data implies that many buyers may be sitting on the sidelines waiting for...

June 2018 Housing Minute

Courtesy of the National Association of REALTORS® this video provides a nice snapshot of the national housing market as of June 2018. Some highlights from the video: Distressed sales were only 3% of total sales, down from 5% last year and the lowest since NAR started...

Report on May Existing Home Sales

Lawrence Yun reports that sales are down 1.4 percent since January even though the economy is doing well and job growth is strong. Median sales price reached an all time high of $264,800 which may be part of the reason sales are down since some first time home buyers...

SPECIAL REPORT: Fort Lauderdale Beach Condos

  This special Local Market Watch report reveals what those of us in the business already know, Fort Lauderdale Beach is hot! Despite higher inventory levels and competition from new construction in recent years, the waterfront condominium market in Fort Lauderdale...

Interest Rate Increases Still Gradual

Every time the Federal Reserve raises interest rates we have a mini panic in the real estate industry. Concerned buyers worry that they cannot afford to buy their dream home anymore and sellers worry that if buyers cannot get financing then shrinking demand will...

Housing OK Despite Stock Market Volatility

Lawrence Yun, chief economist for The National Association of REALTORS®, discusses the recent stock market correction. He assures us that “The fundamentals of the economy are strong and the recent stock market correction is a healthy development after the rapid...
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