Found 4 blog entries tagged as covid.

South Florida Real Estate Market Report

South Florida Real Estate Market Report

How's the South Florida real estate market?

As we enter 2021, we’re taking a moment to reflect on a quarter that closed out one of the most unique years of our lives.

Last year taught us that home is so much more than the place where you sleep at night. As the lines in our lives began to blur, so did the way we experienced home. A formal dining table that was once merely for show moonlighted as our childrens’ desks as they navigated a new world of virtual learning. Kitchens previously used for an occasional dinner were enhanced with new gadgets and recipe books, as millions of US residents tried their hands at bread-making, cocktail-mixing, and getting that restaurant-worthy recipe “just right”. Living

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Real Estate Market Trends Expected in 2021

Real estate has shifted from the COVID-19 pandemic with a hot seller’s market, with increased demand as more people are looking to move and mortgage rates are at record lows, coupled with limited supply. The real estate experts at HomeLight uncovered some of the hottest trends shaping real estate in 2021, with 7 key insights that can help buyers and sellers stay informed as they make their next moves. 

Inventory lags

There are a lot of factors that have led to the seller's market, and one of the major ones is low inventory. In Q4 2020, real estate agents overwhelmingly said that inventory is lower than they expected, with 84 percent of them noting that shift, up from 78 percent in Q4 2019. Moreover, the National Association of Realtors reported

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South Florida Real Estate Market Report

South Florida Real Estate Market Report

How's the South Florida real estate market?

The COVID-19 pandemic has altered the way we live, work, socialize, and shop, but Florida real estate remains resilient as buyers look for more space and good deals. While Q3 is typically a slower market, the desire for more space and the pause in closing activity in April caused pent-up demand. In higher price ranges, including the ultra-luxury sector, little inventory has been left on the table. Across the state, months of single-family-home inventory, based on closed sales, was down year-over-year to 36.1% in Palm Beach County.  Think about that for a minute; there are 36% fewer homes available on the market in 2020 than there were one year ago in 2019. This

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Palm Beach County Real Estate Market Update - March 2020

Amid these unprecedented times, The Pearl Antonacci Group is endeavoring to keep you educated on the latest trends in the Palm Beach County real estate market, as we all prepare ourselves for whatever the future may bring. Whether you have already begun the process of buying or selling your home or are planning to in the near future, arming yourself with the most up to date information is more crucial than ever. See our latest Palm Beach County real estate insights for March of 2020 in the market report and graphs below.

The following analyses group single-family homes, townhouses, and condos together for the sake of efficiency, and review the recorded statistics from March 2020 and compares

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