Check out market updates
Limited inventory prevents significant drops in home prices despite fewer buyers. Fewer new listings lead to multiple offers and higher prices. Some indicators suggest a gradual cooling of the housing market. Recent research suggests a nationwide drop in prices may take time.
Kevin Marino Cabrera, Mayor Daniella Levine Cava, and their administration have sponsored legislation to implement the First-Time Homebuyers Program and the Housing Assistance Program for Miami-Dade County’s nearly 30,000 employees and their families, providing them with a chance to use their accrued annual leave to cover closing costs and down payments on first homes. Additionally,…
Florida is experiencing a scarcity of multifamily properties and rising monthly rents. Florida gained over 444K new residents during the pandemic. To address the rental shortage and create affordable housing, Florida passed the Live Local Act. It provides tax breaks, funding, streamlines permits, and overrides some state zoning.
Homeownership is the largest source of wealth creation in the US, offering financial stability. Buying a house can help increase net worth significantly, with gains of up to $100K. Home equity is the largest financial asset for many households, accounting for 50-70% of their net worth.
Owning a home is a keystone of wealth… both financial affluence and emotional security.
