The coronavirus crisis, its effect on global supply chains, the transportation industry, and consumer spending habits could spark the beginning of a bear market on Wall St. Today's 30 yr mortgage rate hit 3.29%, a new record. It may go lower. If refinancing is on your radar, you may want to get things going. Don't pull the trigger yet as it may go lower, but be ready in case it begins to rebound. If thinking about selling your home, I recommend you stop thinking and do it. If thinking about buying, get off the fence and go for it (depending on your local market).

If you are considering selling or buying real estate, please contact me at LoveMiamiLuxury.com.