The Real Deal Miami Archives | Palm Beach County & Treasure Coast of Florida Homes For Sale | Sell Your Real Estate

Mortgage refis will get a lot more expensive. The industry isn’t happy

(iStock) Homeowners looking to refinance their mortgage are going to be in for a pricier ride. And mortgage and housing professionals, who’ve benefited from record low rates to do brisk business, are miffed. Freddie Mac...

30-year mortgage rate hits record low

The 2.98 percent is the lowest Freddie Mac has seen in nearly 50 years of tracking (iStock) The average rate on a 30-year mortgage, America’s most popular home loan, has fallen below 3 percent. The...

Q1 home sales in South Florida surge before coronavirus took hold

Palm Beach (Credit: iStock) South Florida’s residential markets performed well in the first quarter, just as the coronavirus pandemic began to take hold in the region. Closed sales dollar volume in the tri-county region totaled...

How low can they go: Mortgage rates fall again, enticing borrowers

Mortgage rates are near 4 percent As quick as they shot up, mortgage rates have fallen back down. The average rate on a 30-year fixed mortgage fell to a hair above 4 percent this week,...

Interest rates are climbing, but borrowers are tapping home equity in droves

As interest rates climb and salary growth stalls, borrowers are taking cash out against their homes in volumes not seen in over a decade. Close to $14.6 billion was withdrawn from home equity across the...

Las Olas in downtown Fort Lauderdale is getting a Publix store under the Greenwise brand

Publix Super Markets will open a grocery store under its organic Greenwise brand at a mixed-use development in downtown Fort Lauderdale. Lakeland-based Publix plans to open the grocery store in 115,000 square feet of pre-leased,...

NY developer plans 220 age-restricted rentals in Palm Beach Gardens

Plans to build an age-restricted apartment complex in Palm Beach Gardens are pending a proposed rezoning in the up and coming Arcadia Palm Beach Gardens community by RCA Boulevard. Troy, New York-based United Group of...

New bidder emerges for contentious West Atlantic project in Delray Beach

The route on Atlantic Avenue into downtown Delray Beach will soon possibly be redeveloped to expand new residential buildings, restaurants and offices. After 20 years of trying, it appears the time has come for construction...

21-story apartment building at CityPlace in downtown West Palm Beach may be built at former Macy’s location

New York-based Related Companies won city approval to build a 21-story apartment building on the site of a five-story building in downtown West Palm Beach that Macy’s formerly occupied. Macy’s vacated the five-story building at...

Why For Sale by Owner listings are fizzling down

What’s been happening to that good old-fashioned American way to sell your home — doing it yourself, with minimal or no commission costs? If you believe new data from the National Association of Realtors’ Buyer/Seller...

One West Palm high-rise condos and hotel project gets go ahead with in West Palm

Deveolpment of the One West Palm highrise condos and hotel are back in play for downtown West Palm Beach. Billionaire Jeff Greene has changed his mind and decided to build One West Palm, a two-tower...

Toronto developer launches luxury condo tower in West Palm Beach

La Clara is a new high rise condo development coming to West Palm Beach. Canadian developer Great Gulf is launching plans for a 25-story luxury condo tower in West Palm Beach. Sales for La Clara,...