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.
The rate at which new foreclosures were initiated in the first quarter was 0.35 percent, the lowest in 16 years, and 10 basis points below the historical average of 0.45 percent.
Kale and collard greens can extend your harvest into summer and fall, so that you will always have greens available. This is very important in South Florida in particular Fort Lauderdale, where we spend great deal of time in our backyards.
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.
Higher prices driven largely by tight supply are certainly a big reason for the rise, but continued population growth, household formation and ultralow interest rates are also factors.
