Author Archives: Jonathan

Will borrowing costs & real estate prices fall together?

Normally borrowing costs fall and real estate prices rise.  Will rates and prices both fall together this time around?  Nothing has been normal during this last decade of low rates and asset price inflation.  Mortgage rates have been falling, but they don’t appear to be helping real estate transaction volume or prices for that matter. […]

Posted in Fort Lauderdale real estate, Market Insight, Miami real estate, Mortgage rates, Palm Beach real estate, South Florida Real Estate | Tagged , , , | Leave a comment

That first shot of humidity

Well, it finally hit us this week.  That first shot of humidity arrived, letting us all know that summer is here.  Even before the weather changed, it seems like something is different in the residential real estate market.  Stale listings are all over the place.  What happened to all the people that were supposed to […]

Posted in Foreclosure activity, Fort Lauderdale foreclosures, Fort Lauderdale real estate, Market Insight, South Florida Real Estate | Tagged , , , | Leave a comment

Market support

Lower rates provided some real estate market support in the first quarter of 2019.  Whether the rate drop was caused by recession fears or the market realizing that the Fed won’t raise again this year, we don’t know.  The charts show that it provided needed support to the residential real estate market.  In the first […]

Posted in Fort Lauderdale real estate, Market Insight, Miami real estate, Palm Beach real estate, South Florida Real Estate | Tagged , , , , | Leave a comment

Just waiting on the buyers…..

There are plenty of condos available in South Florida, they are just waiting on buyers to emerge.  The current inventory from Miami to Palm Beach has reached a level we haven’t seen since we emerged from the housing crisis.  In February there were 32,578 condos available for sale.  This is the highest inventory since June […]

Posted in Condo market, South Florida Real Estate | Tagged , , , | Comments closed

Mortgage rates collapse (again)

This week mortgage rates collapsed again.  This is tricky since it wasn’t long ago that we thought the economy was gaining strength.  Apparently the Fed and the market think otherwise.  This was the largest one week drop in a decade!  Lower rates could bring some real estate buyers off the sidelines.   However, if rates cannot […]

Posted in Fort Lauderdale real estate, Mortgage rates | Tagged , , | Comments closed

What to watch in the condo market

What are a few things to watch in the South Florida condo market?  Inventory, transaction volume and sale prices will tell you everything you need to know.  Today we will take a look at the Broward County / Greater Fort Lauderdale market with some charts. Available condo inventory The number of condos on the market […]

Posted in Condo market, Fort Lauderdale real estate, Market Insight | Tagged , | Comments closed

A hiccup or a rebound?

We are trying to determine if this recent data is a hiccup or the start of a rebound in housing activity.  Deal volume picked up in February with a total of 5,790 closed residential transactions, up from the dismal number of 5,113 in January.  We always remind people that one month doesn’t make a trend, […]

Posted in Fort Lauderdale real estate, Market Insight, Miami real estate, Mortgage rates, Palm Beach real estate, South Florida Real Estate | Tagged , , , , , | Comments closed

Do your homework

Make sure you do your homework if you are considering any real estate investments at this point in the cycle.  The market has shifted and most real estate agents either don’t know, or just don’t want you to know.  That’s why it is important for your to conduct your own due diligence rather than leaving […]

Posted in Fort Lauderdale real estate, Miami real estate, South Florida Real Estate | Tagged , , , , | Comments closed

Residential inventory build in Fort Lauderdale area

There is a residential inventory build in the Fort Lauderdale area that we haven’t seen in a few years.  The number of houses and condos on the market hasn’t surpassed 15,000 since March of 2016.  In January, there were 6,162 houses and 8,835 condos for a total of 14,997 residential properties listed for sale throughout […]

Posted in Fort Lauderdale real estate, Market Insight, Mortgage rates, South Florida Real Estate | Comments closed

Price action – going nowhere fast

Price action hit a wall in the South Florida residential market.  Today we will look at the median sale prices of single-family homes and condos in Miami, Fort Lauderdale, Boca Raton and surrounding areas. Existing home sales  on a national level look like they are exhausted as well.   South Florida was ground zero during the last […]

Posted in Condo market, Fort Lauderdale foreclosures, Miami foreclosures, Palm Beach foreclosures, Single-family homes, South Florida Real Estate | Tagged , , , | Comments closed
  • Meet the Broker
  • Commercial Listings
  • Residential Listings
  • Allied Realty Group, Inc
    2550 North Federal Highway
    Suite 200
    Fort Lauderdale, FL 33305

    Phone: 954-586-8400
    Fax: 954-586-8410
    Email: Contact Us
  • Skyscrapers
%d bloggers like this: