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South Florida Real Estate Blog

Fed Raises Interest Rates and Signals More Increases to Come

June 14, 2018

On Wednesday, the Federal Reserve raised interest rates and signaled that at least two more increases could be on the way later this year. Fed chairman Jerome Powell, in a news conference Wednesday, said the U.S. economy had strengthened enough for borrowing costs to rise without choking off economic growth. He noted that the economy had strengthened significantly since the financial crisis of 2008 and was approaching a normal level that could allow the Fed to step back and play less of a role in encouraging economic activity.

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Douglas Elliman Launches New “Douglas” Platform Tool for Agents

June 11, 2018

Douglas Elliman Real Estate is continually looking for new and innovative ways to help their agents. They work to enure Elliman agents are the best and most well-equipped real estate professionals in the industry. So, in an attempt to look forward and stay ahead of the ever-changing technology race within the brokerage world, Douglas Elliman has launched “Douglas”.

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A New City is Being Proposed Between Aventura and North Miami Beach.

June 7, 2018

A special election is being held this November to decide if a section of Northeast Miami-Dade could become its own city. If residents vote in favor, the section of land between Aventura and North Miami Beach would be authorized to exit from the county's municipal services and taxing structure. Miami-Dade commissioners approved the special election on Tuesday, allowing the 20,000 residents of Highland Lakes, Skylake and the previously incorporated Ojus, a say in the outcome.

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The Current Real Estate Market is Tough, but Prospective Buyers Aren’t Giving Up

June 4, 2018

It is no secret the housing market has been tough for quite a long while now. In fact, according to the National Association of Realtors, the listings for homes for sale have dropped year-over-year for 34 consecutive months. Yet, according to the most recent Housing Trends Report, prospective home buyers aren’t giving up on looking for a new home.

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