Did You Know? Wednesday edition
* Austin, TX rents rose an eye-watering 40% in February 2022 compared to 2021! Portland followed at 39%. New York City rents rose 36%! Newark and New Brunswick, NJ, and Nassau County, Long Island saw 36% jumps in rents. Florida had 3 of the top 10 metro areas with the steepest rent hikes in February: Rents in Miami, Fort Lauderdale and West Palm Beach jumped 30% in February compared to 2021. Denver was up 29%. (NY POST)
* Andy Warhol’s portrait Shot Sage Blue Marilyn could become the most expensive 20th-century artwork to ever sell at auction, with an estimate in the region of $200 million.
* A hospice nurse shared the 5 common regrets people have in their last days:
1. Most people at the end of their lives have regrets about not appreciating their health.
2. Not appreciating being alive, the little things.
3. Working their life away.
4. Not spending more time with family.
5. Spend time with those you love, not necessarily family, but those you love and make you feel loved. (US SUN)
* The US has agreed to ease the 2018 tariffs on UK steel and aluminum shipments that may help lower some construction costs.
And read these recent articles:
The Federal Reserve and Mortgage Rates
Federal Reserve: “Make me responsible…. but not yet”
Marblehead’s disappearing Inventory
Is Real Estate seasonal?
Can the Federal Reserve prevent a Recession?
How Marblehead’s 2022 Property Tax Rate is calculated
Essex County 2022 Property Tax Rates: Town by Town guide
Guide to Buying and Selling in Southwest Florida
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or ajoliver47@gmail.com.
Andrew Oliver, M.B.E.,M.B.A.
Market Analyst | Team Harborside | teamharborside.com
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReportsMA.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”
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Andrew Oliver, M.B.E., M.B.A.
Real Estate Advisor
Andrew.Oliver@Compass.com
www.TheFeinsGroup.com
www.OliverReportsFL.com
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Compass
800 Laurel Oak Drive, Suite 400, Naples, FL 34108
m: 617.834.8205</str