Category: Invest in Florida

Should I Wait for Lower Mortgage Interest Rates?

Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the…

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Cash is king in the South Florida real estate market

Redfin reports that in 2021, 30% of home purchases nationwide have been cash deals. A recent article in Housing Wire reported “Cash buyers are scooping up homes like mad.” That number is even higher in South Florida. West Palm Beach tops the list – 52.6% of the metro area’s home sales in 2021 have been in…

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