
South Florida Real Estate Report – May 2023
Median Sale Prices Reach Record Highs in Tri-County Area After 2 years of record price increases and massive depletion of housing inventory, our real estate market in South Florida experienced
Median Sale Prices Reach Record Highs in Tri-County Area After 2 years of record price increases and massive depletion of housing inventory, our real estate market in South Florida experienced
Fort Lauderdale Beach getting a 5-Star Hotel and 4 Luxury Condo Towers The much anticipated Bahia Mar development deal has finally been approved by the Fort Lauderdale city commission. After
Featured Events for June 2023 The Hukilau The Beachcomber Resort, Pompano Beach June 8th – 11th If you like rum cocktails, tiki bars and live music then this is the
Inventory Remains in Short Supply, Median Prices Continue to Tick Up While some media outlets continue to highlight that “closed sales are down”, the real story in South Florida real
Median Prices and Inventory Begin to Stabilize It was only a matter of time before we would see a correction to our waterfront property markets in Northeast Broward County. Demand
Since reaching 7% last November, 30-year fixed rates have slowly ticked down and have hovered just above 6% for the past month. Buyers seem to be getting used to the
Featured Events for May 2023 SoFlo Boat Show Miami Marine StadiumMay 19th to 21st Get up close and personal with the boats in the El Mar Pavilion, or grab a
Grouper season opens May 1st on Florida’s Atlantic coast, so our local fishermen will once again be targeting this popular and great eating fish. Grouper has a hearty, but light
Real estate is a difficult business that requires customized support. Everyone has different strengths and weaknesses. We focus on amplifying your strengths and supporting your weaknesses Rich Barnhart, Broker 1.
Sales Volume Recovers, Keeping Inventory Low Single family home sales in South Florida rebounded nicely in March. With 3,829 total closings for the month we were down only 15.7% from
30-Year Fixed Rate Approaches 6% Again Just in time for our peak winter season, mortgage interest rates have dropped down again for the third week in a row. Inventory is
Featured Events for April 2023 Delray Affair Downtown Delray Beach April 14th – 16th One of the largest arts and crafts festivals in “The most fun small town”. The Delray Affair has
Equal Housing Opportunity