Happy New Year 2021- Realtor Kate Smith

Laugh more, worry less, lighten up and live it up! Simply said, have a Happy New Year and more reasons to cheer!

LIVE: Giuliani testifies—Georgia Senate subcommittee hearing

If there is one person in this country who does not believe there was election fraud, this video is for that one person to watch. 

And, if there are other people who believe that all of the witnesses are lying, then they only need to watch the segment towards the end of the video, showing you the forensic analysis of the data. Data does not see colors, data does not see parties, data does not see names and data does not lie. 

This election was STOLEN from President Donald Trump!

We wish you a very Merry Christmas from Kate Smith with Kate Smith Group

Real Estate Market in SE Florida October 2020- Housing market crash or?

Housing market crash or? Watch this video to find out what is the latest big news on the real estate market.

So, what are the newest real estate trends? How do these trends apply to our local SE Florida real estate markets: Miami Dade, Broward and Palm Beach counties? 

The big news today is that Fannie Mae and Freddie Mac conforming loan limits rise almost $38K in 2021. Maximum conforming loan limits for mortgages will go up– from this year’s $510,400 to $548,250 and for high-cost areas, the new loan limit is to increase to $822,375 after Jan. 1, 2021.

The housing real estate market continues to be the second hottest topic after the topic of the elections discussed today.  In brief, nationally, total housing inventory at the end of October totaled 1.42 million units, down 2.7% from September and down 19.8% from one year ago (1.77 million). Unsold inventory sits at an all-time low 2.5-month supply at the current sales pace, down from 2.7 months in September and down from the 3.9-month figure recorded in October 2019.

➡Trend 1: Settling in vacation home destinations. People settling in vacation home destinations has become a strong trend this year and expected to continue. In the third quarter, luxury home sales jumped 41.5%, the biggest year-over-year shift since 2013, according to Redfin.

➡Trend 2: Move-up Buyers. With the “Stay at home” orders, the need for more space, interior and exterior continues to be as strong as ever. The buyers today are looking for larger homes, with a designated home office and more outdoor space.

➡Signs of low inventory are visible everywhere, showing a 7% increase in home prices across the country. Low inventory continues to fuel the hot housing market in most areas in SE Florida and strong buying trend continues even in the midst of a second COVID shutdown.

For those of you that have real estate on your mind, and are thinking of buying a home in SE Florida or, considering of selling one I would love to have a conversation with you.
Let's talk! 📞C:786.412.8510 | 📧kate.smithfl@gmail.com | https://www.realtorkatesmith.com

Kate Smith | Kate Smith Group | EXP Realty | Hollywood FL
https://instacard.info/Kate-Smith