Here’s how rising interest rates, inflation and continued supply chain issues are affecting buying, selling and renting in the real estate market in the rest of 2022. Credit Devon Thorsby You may be in the market to buy a house, know someone who recently purchased or are waiting for the right...
Tag: rising mortgage
Housing Bubble 2.0? Fort Lauderdale data eerie similar to past
Overpriced Market "When the U.S. housing bubble burst more than a decade ago, it brought the global economy to its knees. It turned out that the multiyear housing boom through the early 2000s was hiding skeletons. Homebuyers, driven by a fear of missing out on home price gains, were stretching...
Fla.’s Housing Market: Median Prices Up, Supply Tight in March 2022
ORLANDO, Fla. – Florida’s housing market in March and 1Q 2022 showed the impact of rising mortgage rates, increased home prices and a shortfall of for-sale supply, with fewer closed sales compared to a year ago, according to Florida Realtors®’ latest housing data. “Buyers and sellers in Florida in March...