Cyndie Kadoche Broker Associate-Highlight Realty

“Realtors® have started the new year with a bang in Palm Beach County. We’re already seeing signs that 2022 is going to be a consecutive year of huge gains when it comes to median sale price. In January, median sale price increased 24.8 percent year-over-year to $526,500. Meanwhile, median days on market dropped to a miniscule 15 days. Homes continue to fly off the market almost as soon as they are listed. Palm Beach County is hot, and everyone wants to invest in our housing market. As northerners get through the dog days of winter, I anticipate that they will continue to seek refuge from the cold weather and explore real estate opportunities in our warm and sunny climate. It will be interesting to follow the market trends over the next couple of months and see how it compares to the success we saw in the winter of 2021. Sellers should be ready for a busy season ahead and expect to see the median sale price continue to climb,” said Carlos A. Melendez, President of Broward, Palm Beaches & St. Lucie Realtors®.

Why Are Rates Rising?

Why Are Rates Rising? It’s Good – If You’re Not a Homebuyer Even top experts fumble on mortgage rate predictions because their rise and fall is based largely on investors’ attitudes, which can turn on a dime. Currently, investors fear possible inflation – the enemy of Treasury bonds. And as bond investment falls, mortgage rates (often) go up.

Condo Q&A: How Does Developer-to-HOA Handover Work?

Condo Q&A: How Does Developer-to-HOA Handover Work? Developers have almost exclusive control over a homeowners association until turnover, and some owners preparing to take over their HOA ask for transfer advice.

Another disturbing Zillow move...damaging our industry.

South Florida brokers skeptical of Zillow deal - South Florida Agent Magazine The news that Zillow is purchasing ShowingTime for $500 million sent shockwaves through the residential real estate industry in February.

When Will That $25B Get to Renters and Landlords?

When Will That $25B Get to Renters and Landlords? It will probably take several more weeks for newly approved rental assistance to trickle down and cover tenants’ past-due rents. Fla. will likely receive about $1.4B. It’s not enough, but it should cover the past-due rent balances ($6,000 each) for more than 200K Fla. households.

Charming one level house for rent in east boynton, no HOA! 2 bedrooms 1 bathroom, 1 carport, 1116 sqft. All tile, updated modern interior, washer dryer. The property does not have a fenced yard. Pet ok, on a case by case. Tenant responsible for grass cuts. $1500/month, available now. Call broker for move in requirements and to schedule a showing. 954 655 5606

Top 5 myths of VA financing, thank you Matt for this useful video.

Top 5 Myths of VA Financing Do we agree that veterans deserve nothing but the best? Then the last thing they need is to deal with myth, rumor, or hearsay! Watch now for the top 5 myths ...

https://www-sun--sentinel-com.cdn.ampproject.org/v/s/www.sun-sentinel.com/local/palm-beach/delray-beach/fl-ne-delray-beach-parking-permits-20200811-3gpxpigv5raphmw3oj6oau4p3a-story.html?amp_js_v=a3&_gsa=1&outputType=amp&usqp=mq331AQFKAGwASA%3D =https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.sun-sentinel.com%2Flocal%2Fpalm-beach%2Fdelray-beach%2Ffl-ne-delray-beach-parking-permits-20200811-3gpxpigv5raphmw3oj6oau4p3a-story.html

It may cost you more to park at the beach in Delray Under a new proposal, only Delray Beach residents would be allowed to buy beach parking permits, and some seniors would no longer get special treatment.

RE Investing: Where to Put Money in an Unpredictable World? A sponsor is like an orchestra conductor for real estate projects and investors, and success today requires an ability to adapt to changing real estate landscapes.

Law Takes Aim at Emotional Support Animal Certificate Abuse

Law Takes Aim at Emotional Support Animal Certificate Abuse The new law, SB 1084, was a session priority for Florida Realtors as the continued abuse of online “ESA certificates” created major problems for property managers.