Author: Roberta Murphy Thompson

South Florida's residential real estate market showed signs of recovery with increased condo and single-family home sales in September, the first rise in over two years. Condo sales rose notably in Palm Beach, Miami-Dade, and Broward counties, with median prices up. Falling mortgage rates, now around 6.2%, are boosting buyer demand. Pending sales and reduced condo inventory suggest growing market momentum, signaling a potential turnaround. Continue to full article

Choosing the right mortgage lender can save you money and ease the home-buying process. Prepare by understanding your credit score, budget, loan type, term, and rate options. Research lenders like banks, credit unions, online lenders, and brokers. Read reviews, get prequalified or preapproved by multiple lenders, and ask key questions about rates, fees, and loan terms to find the best fit for your needs. Continue to full article

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Selling a home involves preparation, pricing, marketing, negotiation, and closing. Fix minor issues, assess major systems, and consider upgrades before listing. While selling by owner saves commission, agents offer market expertise and negotiation help. Set a competitive price using comparable sales. Stage and photograph the home to attract buyers. Evaluate offers beyond price, considering terms and contingencies. Be ready for inspections, appraisals, and closing costs. After selling, coordinate your move…

California leads with 57,065 active listings and a 63-day median time on market, showing faster home sales despite a smaller supply. Florida and Texas have larger inventories—97,273 and 137,755 listings respectively—but slower turnover, with median times of 91 and 84 days. Georgia and North Carolina show steadier sales velocity. Market speed highlights the need for realistic pricing and expectations for both buyers and sellers. Continue to full article