Royal Cypress Preserve Sales Trends

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Define and Deploy Your Video Marketing Strategy
Video marketing helps create a strong online presence, which is essential to buyers who use the internet. The first step to making great videos is getting past fear.
Luxury Buyers Lead in All-Cash Sales
Nearly 50% of luxury homes purchased from December to February were all-cash sales because wealthy buyers have more financial flexibility.
Florida Realtors Seeks ENVY Award Entries
Winning residential or commercial developments are recognized for being designed in harmony with nature and their green building practices.
Officials: Legal Reforms Stabilizing Insurance
Officials are urging patience as rate increases slowly decline due to increased competition with new insurers entering the market.
Pending Home Sales Ascended 3.4% in March
NAR’s Pending Home Sales Index increased to 78.2 in March. Existing-home sales are forecast to rise by 9% in 2024 to 4.46 million
Existing-Home Sales Down 4.3% in March
Properties typically remained on the market for 33 days in March, down from 38 days in February but up from 29 days in March 2023.
Sustainable Spaces: The Kitchen
From induction ranges to faucet aerators, there are many ways to boost a kitchen’s sustainability score and make it more environmentally friendly.

U.S. Mortgage Rates Continue to Climb Above 7 Percent in Late April
Based on Freddie Mac's latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage averaged 7.17 percent as of April 25, 2024.
Automated Property Pricing Algorithms Bolster Price-Fixing Claims, Say DOJ
On March 28, 2024, the Antitrust Division of the U.S. Department of Justice (DOJ) intervened for the third time recently, backing plaintiffs in class action lawsuits challenging defendants' utilization of pricing software.
Driven by High Rates, U.S. Commercial Lending Imploded 47 Percent in 2023
In 2023, total commercial real estate mortgage borrowing and lending was estimated at $429 billion, marking a 47 percent decline from $816 billion in 2022, and a 52 percent fall from the record high of $891 billion in 2021.
Cost of Buying a Home Hits Record High as Mortgage Rates Jump in U.S.
This past week, the average daily mortgage rate climbed to over 7.4%, marking its highest point since last November 2023, influenced by an unexpectedly high inflation report and confirmation from the Federal Reserve that interest rate reductions would be postponed.
Greater Miami Residential Sales Decline 15 Percent in March
Recent data from the Miami Association of Realtors shows that total sales in Miami-Dade County decreased by 14.8% in March 2024, falling from 2,513 to 2,141 units sold.

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