Broward County September 2021 Real Estate Trends
Nationwide, existing home sales were down slightly in August, falling 2% after two consecutive months of increases, according to the National Association of REALTORS®. The decline in existing home sales coincides with rising sales prices, which have continued to soar into fall, with the median sales price of existing homes…
New Pricing Policy for National Flood Insurance
Major Changes to the National Flood Insurance Program On Oct. 1, 2021 FEMA began implementing a new pricing methodology called Risk Rating 2.0: Equity in Action. These changes will apply to new policies. Most existing policies will not be affected until after April 1, 2022. What’s Changing? Since the 1970s, National…
Broward County August 2021 Real Estate Trends
The booming U.S. housing market has spilled over to the rental market, which has seen demand for apartment and single-family rentals skyrocket this year, as high sales prices and an inadequate supply of available housing have forced many prospective buyers to rent for the foreseeable future. Increased demand for housing,…