With the government shutdown housing market crisis now stretching beyond 30 days, the nation finds itself in uncharted territory. The effects extend far beyond Washington, as local economies begin to feel the pressure and home buyers nationwide face slower sales and shaken confidence. This marks the longest full government shutdown in U.S. history, and its [...]
In South Florida’s dynamic housing market, every dollar matters—especially with mortgage rates hovering near 6.5%. But one Miami buyer found a way to cut his payments nearly in half by using an assumable mortgage, a little-known option that lets buyers take over the seller’s existing loan and rate. Finding Savings in Brickell After moving from [...]
The South Florida housing market is shifting in favor of buyers, driven by falling interest rates, increasing inventory, and sellers accepting lower offers. After years of soaring prices that sidelined many potential homeowners, the landscape is changing as affordability improves and buyer confidence returns. Buyers Regain Leverage as Rates Drop Broward County resident Jason Collier, [...]
More than a third of Manhattan condos sold over the past year were sold at a loss, highlighting ongoing challenges in the city’s real estate market. Despite constant headlines about high-profile sales and skyrocketing prices, the median price per square foot for Manhattan condos has remained largely flat over the past decade, according to a [...]
The next Fed rate cut could help borrowers—but only slightly. The Federal Reserve is expected to lower borrowing costs again on Wednesday, marking its second consecutive rate reduction this year. A quarter-point cut would bring the federal funds rate down to a range between 3.75% and 4.00%. The federal funds rate, set by the Federal [...]
Home prices across the U.S. are struggling to keep up with inflation, meaning many homeowners are seeing their real estate investments lose value. For most Americans, a home represents their largest financial asset—but that asset is now delivering weaker returns than inflation itself. According to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, [...]
A major new development is on the horizon as plans for over 1,100 Palmetto Station apartments have been officially submitted to Miami-Dade County. The proposed project marks another large-scale transit-oriented development aimed at expanding residential options near key public transportation hubs in South Florida. According to county records, a site plan application was filed on [...]
Billionaire Ken Griffin continues to express strong confidence in Miami real estate, revealing new details about Citadel’s upcoming Brickell supertall tower while praising the city’s growth and safety. Griffin, who relocated his hedge fund Citadel to Miami in 2022, said the new headquarters project will be one of the most ambitious developments in the city’s [...]
After a strong first half of the year, single-family rent growth is showing clear signs of weakness, suggesting that landlords may soon need to adjust as consumers face mounting financial pressure. New data indicates that July’s rent gains for single-family homes were slower than expected, marking a cooling phase in a market that had been [...]
he Schneider Electric energy management strategy is rapidly becoming a cornerstone of Nvidia’s expanding AI infrastructure. Despite not producing electricity, Schneider Electric specializes in electrification and digitization—helping customers track and optimize energy use in real time. As the world’s largest energy management provider for data centers, which account for about a quarter of its business, [...]
