Broward Real Estate by Daniel

Broward Real Estate by Daniel Daniel represents clients in all aspects of real estate. Whether it's buying or selling, he believes

07/01/2022

Stock market and inflation fears hurt the economy, but increased economic pain can often lower mortgage rates if investors flock to mid-term bonds.

06/29/2022

At 62.9, June’s Fla. consumer sentiment was 2.1 points higher than in May. A UF economist says it “comes as a surprise” given inflation and other challenges.

06/14/2022

Moody’s Analytics considers some Fla. metros “overvalued” because it says the average local resident can’t afford to buy a local median-priced home.

06/14/2022

Beyond paying a higher price for a new home at an increased interest rate, owners must deal with rising property taxes, and more face capital gains taxes if they sell.

06/10/2022

The run-up follows last week’s average 5.09% for a 30-year, fixed-rate loan. Increases so far this year appear to be impacting buyers and the housing market.

05/24/2022

The $100M program, a top Florida Realtors priority, will provide zero-interest loans to be used toward down payment and closing costs – up to 5% of the loan or $25K.

05/10/2022

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.

05/06/2022

Experts offer mixed views. Some say moderately priced-home sales won’t slow yet due to low inventory; others expect impacts from stocks to the housing market.

04/29/2022

New-home sales down 8.6% in March; sales are down nearly 13% from a year ago. Only 14% of March’s new-home sales were below $300K; a year ago, it was 34%.

04/28/2022

Insurers that remain are raising prices after the tragic Surfside collapse. Condo associations able to get policy renewals may face 30% to 50% premium increases.

02/25/2022

A number of economic indicators suggest higher mortgage rates, but competition from refinancing homeowners also declined after rates rose to almost 4%.

02/22/2022

Florida Realtors: Statewide single-family home sales up 1.4% year-over-year, median price up 23% to $375K. Condo sales up 6.7%, median price up 23.9% to $285K.

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1625 SE 17th Street Causeway
Fort Lauderdale, FL
33316

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