Vows to Keep Rates Low for Longer Under Its New Flexible Inflation Targeting Regime. At the conclusion of the regularly scheduled meeting of its Open Market Committee, the Federal Reserve confirmed its decision to keep the target range for the federal funds policy rate between 0 and 0.25% to help the U.S. economy recover from the coronavirus pandemic. The Fed also provided strong forward guidance,...
by Barry Frette
Rent collection is softening in Miami, according to the National Multifamily Housing Council. Apartment rent collections during the coronavirus pandemic are unfolding as a deterioration rather than a collapse that some industry executives expect to keep worsening in coming months. Learn more here: Article...
by Barry Frette
Delray Beach Marina Reconstruction Update Delray Beach Marina Reconstruction Update For more information, click here:Delray Beach Public Marina If you want to see construction progress, look where they were on June 1, 2020: Delray Beach Marina - June 1st 2020 Update FAQ's: Click Here Find out more: 15 Funnest things to do in Delray Beach and City of Boynton...
by Barry Frette
“Promising news for Palm Beach County! Despite the pandemic, real estate market values are holding steady at $365,000. Most would assume that the market would be derailed after the past few months, but this just goes to show how resilient our county is. If you’re looking to sell, there are also fewer competing properties right now and fewer days on market. Meanwhile, we did see a decrease in closed...
by Barry Frette
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