Let's Get REAL Estate

Yep...That's interest rates...LOWER AND LOWER! a 30 year fixed at 4.32% and a 15 year fixed at 3.5% (a new record low on 15 year rates). It is unfortunate that these rates are happening now and not in a more balanced market.

One of the biggest problems is our inventory. IT IS WAY TOO LOW! It's just hard for anyone to list their homes right now. Appraisers are under-appraising, banks are being VERY stingy with money and people are underwater with their mortgages. Something has got to give! We'd actually be happy if the lenders holding foreclosures would release some of them...WE NEED THEM! Naturally, a better economy is one way to solve the problem. If Washington could work together instead of some trying to obstruct progress, we'd all be better off!

For now...we just keep looking ahead and do what we can to make your transaction as easy as possible!

And we are happy to announce that Atlantic Properties International will soon be opening on Wilton Drive with "The Atlantic Properties International Business Cafe"!  The location is set to open in mid-September so in future blogs I will tell you more about the concept of our office...It's New and Innovative and will benefit the entire Wilton Manors Business Community! STAY TUNED!