This is New Pre-Construction Townhouses & Single-Family Homes Real Estate Coming to Sunrise, FL in June 2025 with Pre-Construction Prices:
Text or email Susan to receive the best pre-construction pricing for Solterra!
Solterra is a gated community arriving in Sunrise FL with town homes and single family homes. The town homes will have no garage or will come with a 1-2 car garage. Here is the link with models.
Tariffs Enter the US Economy and the Mortgage Rates React:
There was a big announcement this week about tariffs being implemented between major trading partners, which sent ripples through the global economy and triggered some market volatility. The market reacted by backing away from riskier assets, and the stock market along with bond yields took a hit, which directly impacted mortgage rates. Trump earlier this month imposed the 10% tariff on Chinese goods, following through on a long-standing pledge to target the country as well as Canada and Mexico. Trump delayed the 25% tariffs on Canada and Mexico for a month after speaking with both nation’s leaders. As a result of these tarriffs, we saw a slight dip in the average 30-year fixed mortgage rate to 6.55%, marking a relief for anyone on the fence about buying or refinancing, but now we are seeing a spike occuring to 6.75% as these tariffs are creating panic.
Baby Boomers Lead:
According to NAR's latest generational trends report, baby boomers are now the largest percentage of US homebuyers, surpassing younger generations in home buying activity.
The National Association of REALTORS® (NAR) data indicates that older and more experienced homebuyers are now the most active group in the real estate market.
The report highlights a shift where older generations are outpacing younger ones in terms of home buying activity. Baby boomers are the generation born between 1946 and 1964, following World War II. This generation is known for its significant impact on society, economy, and culture. The combined share of younger boomers (ages 60–69) and older boomers (ages 70–78) rose to 42% of all home buyers in the past year. Half of the older boomers and two out of five younger boomers are purchasing homes entirely with cash, bypassing financing altogether.
The National Association of REALTORS® (NAR) data indicates that older and more experienced homebuyers are now the most active group in the real estate market.
The report highlights a shift where older generations are outpacing younger ones in terms of home buying activity. Baby boomers are the generation born between 1946 and 1964, following World War II. This generation is known for its significant impact on society, economy, and culture. The combined share of younger boomers (ages 60–69) and older boomers (ages 70–78) rose to 42% of all home buyers in the past year. Half of the older boomers and two out of five younger boomers are purchasing homes entirely with cash, bypassing financing altogether.
