According to data from the National Association of Realtors®, foreign purchases of U.S. homes plummeted from April 2020 to March 2021. Compared to the previous year, sales were down by 27% to $54.4 billion. However, the U.S. recently lifted travel bans for 33 countries including some in the European Union, the United Kingdom, China, Canada, Mexico, Brazil and India. For many of these foreign home buyers, the lack of inventory and… Continue reading An international push for Florida real estate?
Category: Market Update
Highland Beach Recent Condo Townhouse Sales
Closed sale prices in the last 3 months for condos and townhomes in Highland Beach, with 2,500 living square feet or more, range from $1.01 million up to $6.995 million… Currently, there are 10 condos and townhouses for sale with 2,500 living sf or more. Asking prices range from $923,500 up to $7.5 million. Contact… Continue reading Highland Beach Recent Condo Townhouse Sales
Florida’s housing market: September snapshot
The final Florida housing data is in for the month of September. Although the month has changed, a lot has remained the same. The consistent themes continue to be a low inventory of homes for sale, increased buyer demand, and rising prices. However, there is a silver lining for home buyers as the rate of… Continue reading Florida’s housing market: September snapshot