Mindblown: a blog about philosophy.

Last month, the Fed cut interest rates, benefiting prospective homeowners after years of hikes. Realtor.com suggests that the best time to buy a house this year is from September 29th to October 5th, as market demand drops by 30%, leading to lower prices and less pressure on buyers. This period allows for more thoughtful decision-making,…

Miami's office market shows strong performance, with 2.8 million square feet under construction, significantly above the national average. The city ranks third nationally for office-to-residential conversion potential at 16.1%. Year-to-date, 29 properties totaling 1.7 million square feet traded for $588 million, a 93.8% increase from last year. The average price per square foot is $354,…

La Reserva Federal ha reducido las tasas de interés por primera vez en cuatro años, disminuyendo la tasa clave en medio punto porcentual a un rango objetivo de 4.75% a 5%. Esta decisión tiene como objetivo mantener la estabilidad económica a pesar de ligeros aumentos en el desempleo y la desaceleración del crecimiento del empleo.…

The South Florida condo market is experiencing a downturn, with prices falling, sales slowing, and inventory increasing. Condo associations are raising fees and implementing special assessments due to a new Florida law requiring spending plans for major repairs. In August, Miami-Dade County saw a slight price drop to $415,000, while Broward County remained stable at…

The South Florida condo market is facing a crisis as stricter regulations take effect, leading to a 7% drop in sales across Miami-Dade, Broward, and Palm Beach counties. The number of condos for sale surged by 60% in Miami-Dade, impacting values. New state laws, prompted by the Surfside collapse, are causing concern among owners about…