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Hottest Rental Market

Miami is Rated the #1 Hottest Rental Market

RentCafe reports that Miami tops the list for 2024. In Miami, apartments now lease within 36 days, compared with a 41-day national average. They have 14 prospective renters for each unit compared with the national average of seven and the city’s occupancy rate is 96.5%, compared with 93% nationally. #miamirealestate #miamirealtor #miamirentals #rentalmarket #rentcafe #miamirealestatenews...

Mid-February Update: Mortgage Rates Inch Back Up to 6.77%

Interest/Mortgage Rates Report for February 2024 - UPDATED Although the average rates on 30-year mortgages moved up slightly, forecasters still see an eventually decline by the end of the year. The average rate on a 30-year mortgage rose to 6.77% from 6.64% last week, says Freddie Mac. Year to date, the rate averaged 6.32%. As of February 2024, US interest rates right now: The Federal Reserve...

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Miami Market Report: Interest/Mortgage Rates Report for February 2024

Dear Friend - here is some good info to catch you up to date on the Miami Market: First we need to talk about the main US interest rates right now: The Federal Reserve keeps key rate unchanged at about 5.4%, a 22-year high which signals cuts are likely months away. Now without going into all the details, many economists think that interest rates might not come down until June.Now for home buyers, the...

VHT Studios VS Zillow Inc

Zillow.com Owes $2M to VHT Studios for Copyright Infringement The Ninth Circuit US Court of Appeals agrees with the lower court’s decision that Zillow’s usage of VHT’s real estate property photos constitutes copyright infringement. In a recent legal battle that has reverberated through the real estate and digital realms, the court case of "VHT Inc. v. Zillow Group Inc" has unveiled significant...

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