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Housing Market is Strong

Housing Market is Strong

The country is still struggling with COVID-19, however the real estate market is resilient. Three reports were recently released showing the housing market is growing. 1. Ivy Zelman’s Real Estate Broker Survey This survey showed that buyer demand is high: “This month’s overall homebuyer demand rating…was easily the strongest sequential gain in our survey history…Strength continues to […]

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What Are the Experts Predicting About Home Prices?

The current economic recession and worldwide pandemic has had a big effect on the nation an its consumers. As a result it is very difficult to forecast and predict consumer behavior and how home prices will be affected. In a normal scenario, this would be determined by a formula. Supply of homes for sale divided […]

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Reasons To Be a Homeowner

Some Highlights June is Homeownership MonthNow is an excellent time to become a homeownerIf you are contemplating whether it is the right move for you, call us so we can help youPrestige Waterfront Realty has South Florida’s Real Estate Experts that will help you through every step of the way. Call 954-830-7000Interested in getting pre-approved […]

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Family Wealth – The Benefit of Homeownership

Owning a home is financially the smartest decision you can make in your life. Some see it as a “savings plan”. When you pay a rent payment you are ultimately losing your money. You pay for a one month usage of the property and are realistically paying the homeowner’s mortgage. There is no benefit for […]

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Are Home Prices in 2020 Expected to Appreciate or Depreciate?

There is no question that the housing market has been affected to some degree by the pandemic that our country is experiencing. As a result, some potential buyings are questioning whether home prices are expected to appreciate or depreciate. The price of any commodity is determined by the market’s supply and demand. Every month the […]

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What Impact Might COVID-19 Have on Home Values?

A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy. The price of any item, however, is determined by supply and demand, which is how many items are available in relation to […]

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Think This Is a Housing Crisis? Think Again.

With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it’s logical to ask that question. Many of us experienced financial hardships, lost homes, and were out of work during the […]

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