Two-thirds of builders cited a glass shortage for windows, shower doors, etc. The supply problem? A lot of it is manufactured in China, Mexico and India.
The listing shortage forced some families to rent, but many recent sellers are opting to pocket profits and wait a year or so for a calmer real estate market.
The widely reported news: A German Shepard sold a Miami mansion once owned by Madonna. It’s not true, and that story has been reappearing for 20 years.
After years of expansion, the average size of a new home started to come down – but a desire for more space in 3Q 2021 pushed new-home sizes 6.2% higher.
Homebuyers who think property taxes will match the amount the seller had paid often find they’re wrong – and rising home values may might make them very wrong.
Facebook and Microsoft envision metaverse growth, but it’s unclear if “living avatars” existing in a “hyper-real alternative world” are a fad or opportunity.
So-called love letters from buyers to sellers potentially raise fair housing concerns, but a brokerage says it violates First Amendment free speech rights.
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Florida Realtors’ data: Demand, low inventory impact prices. Single-family home median sale price up 17.7% to $358,950, condo median price up 17.6% to $260,000.
Buyers keep an eye on mortgage rates, but there should be fewer surprises after Pres. Biden said he’ll rename Jerome Powell as chair for another four years.
Other Fla. counties have not. Miami-Dade and Palm Beach counties distributed all their initial rent-assist funding, for example, but Broward had used only 32%.
Office managers aren’t sure about future space needs because they aren’t sure how many workers will return. In a tight labor market, many are letting employees decide.