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.
FHA is also reducing upfront premiums to support the affordable housing and energy efficiency goals stated above and to streamline the premium structure.
