The ongoing housing crunch appears unevenly felt by first-time homebuyers due to even lower inventory of entry-level homes. First-time homebuyers typically make up less than one third of the homebuyers.
Nationwide as of April 2016, 66.6 percent of homes were still on the market after 30 days, down from 67.8 percent last year. In Florida that wasn’t the case
Volatility in financial markets subsided over the past week, allowing Treasury yields to stabilize. In Fort Lauderdale and Broward county we are experiencing a stable market.
Economic growth to reflect the recent data for the first quarter, but our outlook for the balance of the year remains modestly optimistic for the economy. Stable market for Fort Lauderdale and Broward County.
