Rich New Yorkers keep flocking to this South Florida town — and it’s sparking a huge spike in home prices. Median listing now sits at $2,900,000. Here’s why the glitzy area so popular

Fleeing New York for Florida is a long-standing tradition among snowbirds and retirees. During the pandemic, many New Yorkers abandoned their cramped city apartments for the promise of sunshine and more space. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 5 of […]

Why is the 30% housing rule gross instead of net?: How to figure out the true cost of your housing and budget effectively without overextending yourself

It’s hardly a secret that home prices are soaring on a national scale. In February, the median existing-home sale price rose 3.8% to $398,400 on an annual basis, according to the National Association of REALTORS. Despite mortgage rates being elevated, consumers are continuing to purchase homes. And a limited inventory on a national scale is […]