"We would think based on inflation that in some way we would see some softening in the rental market but it's just not happening,"@DouglasElliman Broker @FrancesKatzen says. "The rental market has gone sideways."
Buyers are lining up to tour homes, waiving all contingencies (appraisals, inspections, etc), writing love letters and making all-cash offers to woo sellers... All of this while pricing continues to rise and locals are increasingly unable to afford houses in South Florida.
Feverish demand for South Florida homes results in over-the-top offers from buyers desperate to seal the deal, @kkallergis reports
https://t.co/3fGBru4bPA
At least 8 homes in the US sold for at least $100 million in 2021, a 300% jump from the prior year. In my professional opinion, that is bonkers. https://t.co/07Qayyt3Rx via @WSJ