BeaRocha

“Demand for new homes cooled in June primarily due to a more than quarter-point rise in mortgage rates over the previous month,” says Danushka Nanayakkara-Skillington, NAHB’s assistant vice president for forecasting and analysis. “However, the lack of existing inventory and the Federal Reserve nearing the end of its rate hikes signal that demand for new homes may rise in the coming quarters.”

June New-Home Sales Cool As Mortgage Rates Rise Newly built home sales fell 2.5% last month. NAHB cited higher mortgage rates and some supply chain issues for electrical transformers as the leading cause.

According to the Florida Legislature's demographic office, Florida's population is projected to increase to more than 25 million people by April 2032, representing an almost 11% increase from the current population of 22.6 million Floridians in April.

Fla.’s Projected 10-Year Growth? 2.5M People The Fla. Legislature’s demographic office says that the state had 22.6M Floridians in April, and predicts it will have 25.1M by April 2032 – an almost 11% increase.

Buying vs. Renting: Making the Right Financial Decision for You

Study: Homeowner Wealth Is 40 Times Higher Than Renters Most owners have earned more than $100,000 in equity over the last decade, but discrepancies among racial groups persists, according to new NAR data.

"Housing Market Myths Debunked! 🏠💡

No Crash: Today's market isn't like 2008. Stricter lending, more equity.
Homeowners Will Sell: Life events trigger sales, regardless of rates.
Rates ≠ Prices: Higher rates don't always mean lower home prices.
Credit Myth: Good-credit buyers aren't subsidizing bad-credit buyers. 🚫📈
Stay Informed! 💪🏽 "

Stop Believin'! 4 Housing Market Myths Hurting Today's Buyers and Sellers Here are the four biggest myths about the housing market currently running rampant, and why experts say they’re just not true.

Mortgage rates continued to rise and nearly hit the dreaded 7% mark, according to Freddie Mac’s (OTCQB:FMCC) latest Primary Mortgage Market Survey.

Mortgage Rates Rise to Just Under 7% “Mortgage rates increased to their highest level since November 2022,” said Freddie Mac's Sam Khater.

To address Miami's affordability issue in 2015, MIAMI Realtors explored various solutions such as container homes, ADUs, overlay zones, micro-units, teacher housing, adaptive reuse, community land trusts, utilizing houses of worship, and housing in parking garages.

MIAMI Realtors, Innovative Pioneers Addressing Housing Affordability - MIAMI REALTORS® When Miami was ranked one of the least affordable housing markets in 2015, the leaders of MIAMI Realtors came together to brainstorm on solutions. Some of the ideas from that meeting were: container homes, accessory dwelling units (ADUs), overlay zones, micro-units, teacher housing on campus, repurp...

🏠 Why do long-time homeowners choose to rent when they can afford to buy? The answer may surprise you: less responsibility and more freedom to spend!

More Retirees Choose Rent – a Lifestyle Decision Why do long-time homeowners rent when they can afford to buy? For more and more older adults, it’s simple: less responsibility with more money to spend.

🌴Coming Soon🌴For Rent, Towers of Key BIscayne 🌟🏖️☀️

Miami Market Report for April 2023
report

Miami Market Focus Report: April 2023 Official statistics on the Miami-Dade County real estate market

investing in homeownership has its advantages, but timing is crucial. Home prices have been stable despite rising mortgage rates, driven by a lack of supply. Builders are responding to demand, but affordability remains low, leading to high rental prices. While the stock market shows no concerns, a high housing index raises worries about future prices. Stay informed and consider the long-term perspective when investing in real estate.

When to Buy? It’s Not Just an Investment Decision People need a roof over their heads, making “home” a life necessity – and also, on the side, a good investment. As a result, buying sooner is better than later.