The market Snapshot is out for Oct 2024. Sales volume for single family homes is up slightly from a year ago but down significantly for condos. Average prices for condos is up slightly from last year. That isn’t the whole story. Older condos that will be most affected by the  …

The Broward County Market Snapshot is out for Sept 2024. Much like most of the reports this year inventory and days on the market are increasing substantially. Values are mostly holding steady with some slight year over year increases.

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The Market Snapshot is out for July 2024. The most notable statistic is this is the first month in many years that shows a year over year decline in condo values. Single family home values are still creepy up at a slower pace. Inventories of all categories continue a steady …

Average Interest rate temperature check as of late yesterday is 6.90%. That is down more than 0.5% from this years high.

The Broward County Market Snapshot for June 2024 is out. Single Family home sales volume is down 9.3% and Condo sales volume is down a …

The Broward County Market Snapshot for March 2024 is out. We have a continued decline in sales volume for both single family homes and condos. Regardless of the decline in demand, median sales price for both are up more than 7% over March of last year. As for supply, inventory …

The Broward County Market Snapshot for Feb 2024 is out. The statistic that stands out to me is Condo inventory. It is up 112% over last year and the Month's Supply of Inventory in now 7.8 months. That means we are crossing over into a buyer's market …

The Market Snapshot is out for January 2024. Values are still trending slightly higher in Broward County. Inventory is up slightly for single family homes and way up for condos over this time last year. The number of active condo listings is up 100% from January 2023 and we now …

I asked ChatGPT to tell us about what is happening in South Florida Real Estate today. Here is the response. Afterwards I throw in my two cents.

Title: Exploring the Dynamic Landscape of South Florida Real Estate in 2024

South Florida's real estate market continues to captivate investors, homebuyers …

I recently commented that an 8% mortgage sure makes a 7% look good. Over the past month mortgage rates have been sliding and currently the average 30 year mortgage is 7.29 according to the St Louis Federal Reserve. Along with the rate decline I have noticed an uptick in …

The Market Snapshot for May is out. The median sale price for single family homes is almost unchanged from a year ago. Median sales price for condos is still inching up, a 6.5% increase from last May. Inventory is higher than a year by 23.1% for single family …