Blog - Broderick & Associates, Inc.

July 26, 2021

Sales of new homes sink to lowest level since pandemic as high costs and slim pickings frustrate buyers

Sales of new homes in the U.S. fell in June to the lowest level since the first month of the U.S. coronavirus pandemic in early 2020, as high prices and a limited selection frustrated scores...

July 23, 2021

The Palm Beach Boom

Prices and sales volumes are hitting record highs as ultrawealthy buyers jockey with each other for scarce inventory and a slice of Florida coastline. As the ink dried on a $122.7 million deal for the...

July 22, 2021

Here’s how to tap your house for cash as home prices soar

Soaring home prices are making many homeowners wealthier and wealthier. Those with mortgages — about 62% of all properties — saw their equity jump by 20% in the first quarter from a year earlier, according to CoreLogic. That represents...

July 22, 2021

U.S. Median Existing-Home Price Hit New High in June

The median U.S. home price rose to a new high of $363,300 in June as strong demand pushed home sales higher. Existing-home sales rose 1.4% in June from the prior month to a seasonally adjusted...

July 22, 2021

Look inside Cora, Water Street Tampa’s new apartment tower, now pre-leasing

Another high-rise tower is preparing to welcome new residents to downtown Tampa. Cora, the second residential building to open in the Water Street Tampa development, announced that it began pre-leasing apartments on Wednesday and will...

July 19, 2021

Tampa Bay rents sky high

Anyone renting or apartment-hunting around Tampa Bay knows that rents are going up, as the area’s housing continues to be in breathless demand. But new data reinforces what some locals have already suspected: These are...

July 14, 2021

Report: U.S. Will Have More Than 50 Million Smart Home Users in 2021

Smart Home technology has become more accessible in recent years and usage rates in the US are on the rise. According to data presented by Trading Platforms, the number of Smart Home users in the...

July 12, 2021

Rent prices are soaring as Americans flock back to cities

33 percent rent increases and bidding wars on rentals are the new norm in some parts of America as reopening comes with big price hikes. Lauren Campos opened the door to her Phoenix apartment last...

July 7, 2021

Jumbo Loan

If your client needs a Jumbo Loan, we can help them close: –Purchase, Refinance and Cash Out available–10% Down Payment options for Primary Purchases –5% Down for Agency Jumbo for below 822k (County Loan Limit Cap) –Purchase /...

July 6, 2021

New Single-Family Home Sales Fell Sharply in May

Sales of new single-family homes fell sharply in May, decreasing 5.9 percent to 769,000 at a seasonally-adjusted annual rate from a 817,000 pace in April. Sales are still up 9.2 percent from the year-ago level...