Higher Way To Buy & Sell Real Estate

“The increase in buyers may also enhance competition, and that usually drives up costs or no much less than reduces the alternatives for negotiation we have seen in the past few months,” he stated. Dutch Mendenhall, author and founding father of Radd Companies, added one other layer to the worst-case state of affairs. “Florida leads the nation in house insurance Real Estate news coverage costs, where 20% of homeowners pay over $4,000 annually. Such rising costs of residing, mixed with the squeeze of excessive inflation and building costs, may squeeze a couple of buyers out of the market,” he said. If rates of interest have been to go up, that could also spell unhealthy news.