Luxury Home Sales Plateau After Pandemic Upswing
South Fla. sales of single-family homes priced $1M and up have basically remained stagnant since 3Q 2021 – but still higher than pre-pandemic levels.
South Fla. sales of single-family homes priced $1M and up have basically remained stagnant since 3Q 2021 – but still higher than pre-pandemic levels.
Dues remain $150 but the Realtor advertising special assessment will increase by $10. 2019 Florida Realtors Pres. Eric Sain is Region 5 vice president.
Realtors should avoid giving tax and legal advice. And when they talk or respond to clients, they should document all their communications.
The additional $20M grant won’t provide direct rental relief – it will fund legal services and representations for families facing eviction.
Wary buyers and rising interest rates may affect some U.S. markets, but Fla.’s rising demand and lack of construction will probably offset a potential cooldown.
For buyers, higher interest rates mean less home for the money. But the market may benefit if those rates create a better balance between the number of buyers and sellers.