Real Estate

The death of Chavez may affect Florida real estate

“I think most Venezuelans will sit idle for at least six months,” said Peter Zalewski, owner of the broker firm Condo Vultures. “That’s bad for us, because that means they won’t be parking their cash in South Florida with the same vigor.”

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What happens next for mortgage lenders after the Fed rate cut? 

The Federal Reserve did something this week it hadn’t done in more than four years when it lowered the federal funds rate by half a percentage point. But for mortgage industry professionals hampered by fewer sales opportunities since the Fed’s streak of rate hikes began in March 2022, will this be the start of better days?

3d rendering of a row of luxury townhouses along a street

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