The cultural hotbed of South Florida is home to international transplants from all over the world and continues to draw interest from abroad. With an influx of international searches every day on Trulia, the real estate search engine reported South Florida as a hot market for Venezuelan house hunters.
It is reassuring when the world behaves as it should. The last couple of weeks have been disconcerting — how such a huge decline in rates without a bounce-back? It’s okay now. Rates are rising. The jump last week had several propellants. The first is simply the nature of markets: any big move begets a counter-move.