Elvira Rios Miami Real Estate

Elvira Rios Miami Real Estate Real Estate Miami Florida

US housing starts fall sharply in May, further weakness seen aheadContact me to discuss the latest scoop in real estate!...
07/03/2022

US housing starts fall sharply in May, further weakness seen ahead
Contact me to discuss the latest scoop in real estate!

Housing starts fell 14.4% month-on-month in May to reach an annualised pace of 1.55m. Single-family starts meanwhile declined by 9.2% on the month to reach 1.05m. Building permits, which many consider to be a leading indicator for homebuilding, dropped by 7.0% in comparison to April.

Five Florida cities dominate national real estate investor marketContact me to discuss the latest scoop in real estate! ...
06/25/2022

Five Florida cities dominate national real estate investor market
Contact me to discuss the latest scoop in real estate!

The typical value of a mid-priced home soared by over 20% in the last year. Investors accounted for 18.4% of all U.S. home sales in the fourth quarter of 2021. Jacksonville, Florida, ranked third in the nation for investment real estate.

Rents and Home Prices Are Blowing Up in Florida's Miami-Dade County - Route FiftyContact me to discuss the latest scoop ...
06/21/2022

Rents and Home Prices Are Blowing Up in Florida's Miami-Dade County - Route Fifty
Contact me to discuss the latest scoop in real estate!

And in fact migrating New Yorkers are likely partly to blame, lured in part by Florida’s lack of a personal income tax – they’re fleeing the cost of living there only to drive it up as they flock to Miami and its suburbs. Cava spokeswoman Natalia Jaramillo said the area’s tech boom also is c...

Hot real estate, housing market, home prices in Palm Beach CountyContact me to discuss the latest scoop in real estate! ...
06/19/2022

Hot real estate, housing market, home prices in Palm Beach County
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But in the bidding process for a vacant building in West Palm Beach, a group vowing to locate a small business incubator won the right to buy 314 Clematis, capping a high-stakes battle that had drawn broad interest in what remains a feverish real estate market. Fashion designer Maier sells for $73M....

South Florida homes currently overvalued about 30%, real estate economist saysContact me to discuss the latest scoop in ...
06/18/2022

South Florida homes currently overvalued about 30%, real estate economist says
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South Florida housing expert says sharp increase in cost of housing could be costly. 15 housing markets are now overvalued by over 50%. Here in South Florida, that number is 29.84%.

Happy Father’s Day
06/18/2022

Happy Father’s Day

Elvira Rios is a real estate agent with Fortex. Check out Elvira Rios's listings or office listings.

Home Renovations On A Budget
06/16/2022

Home Renovations On A Budget

Elvira Rios is a real estate agent with Fortex. Check out Elvira Rios's listings or office listings.

Here are the best days of the year to sell your homeContact me to discuss the latest scoop in real estate! ...
06/14/2022

Here are the best days of the year to sell your home
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Selling a home during the summer months can be the most profitable time to do so, and there are some days in particular during that time that homeowners can earn a premium, according to recent data from ATTOM Data Solutions. placeholder Analysis of data from the past 11 years showed that May, June a...

Florida's April Housing Trends Include Higher Median Prices ...Contact me to discuss the latest scoop in real estate! ...
06/12/2022

Florida's April Housing Trends Include Higher Median Prices ...
Contact me to discuss the latest scoop in real estate!

Mortgage interest rates and median home prices continued to rise amid a still-constrained supply of for-sale homes – resulting in fewer closed sales compared to a year ago, according to Florida Realtors’ latest housing data. “Remember, 2021 was characterized by near-record-low mortgage rates t...

Greater Fort Lauderdale Area Home Sales Slip in AprilContact me to discuss the latest scoop in real estate! ...
06/11/2022

Greater Fort Lauderdale Area Home Sales Slip in April
Contact me to discuss the latest scoop in real estate!

Homebuyers leaving tax-burdened states to purchase in Florida (no state income tax), new-to-market firms moving here, low interest rates, the appeal of property as an inflation hedge, rising wages and accrued savings in lockdowns, strong equity market performance, a reassessment of housing needs and...

Opinion: Why we need a mortgage rate resetContact me to discuss the latest scoop in real estate!
06/07/2022

Opinion: Why we need a mortgage rate reset
Contact me to discuss the latest scoop in real estate!

Even if the homeowner moved or made a purchase in the middle of this process, one of the refis would have been a purchase. We have drained the soil and run out of places to grow our crop. The hundreds of thousands of homes sold in 2022 and 2023 above 5% will want to save that $200, so the cash-out r...

April 2022 Hottest Housing MarketsContact me to discuss the latest scoop in real estate!
06/05/2022

April 2022 Hottest Housing Markets
Contact me to discuss the latest scoop in real estate!

Highlights Manchester, NH remains in the top spot on the hottest housing markets list in April, holding the top spot for the 10th time in the last year. This is the first month in the data’s history (going back to 2016) in which no California markets are in the top 20 hottest markets. Affordabilit...

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