Alfonso Lam | LAM International Realty

Alfonso Lam, REALTOR®
(305) 281-5414

Real Estate Tips

In February 2025, sales of new single-family homes in the U.S. rose by 1.8%, reaching an annual rate of 676,000 units. This increase reflects changes in mortgage rates, economic conditions, and builder strategies. The article explores what’s driving the market now and what buyers and developers can expect in the coming months.

24MAR

Homebuyers vs. High Interest Rates

High mortgage rates in the U.S. have significantly impacted the housing market, leading to decreased affordability and altering buyer strategies. As of March 2025, the average 30-year fixed mortgage rate stands at approximately 6.67%, a notable increase from previous years. This rise has resulted in higher monthly payments, pricing many potential buyers out of the market.

17MAR

Spring 2025: Will Home Sales See a Revival?

Despite a sluggish start to 2025, real estate experts expect home sales to rebound this spring. Factors such as falling mortgage rates, increased housing inventory, and demographic shifts are expected to invigorate the market. While challenges such as affordability remain, the upcoming season may offer new opportunities for both buyers and sellers.

Boca Raton, Palm Beach County

Boca Raton is a city in Palm Beach County, Florida. The city is located at 26°22’6”N and 80°7’44”W. According to the United States Census Bureau, the city’s population was 91,332. According to the last census, the median income for a household in the city was 71,678. Please visit the city page on my website and you’ll be able to see all real estate data and detailed Boca Raton statistics.

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https://real-estate-website.net/myre/images/images_city/FL/ChIJJ_s278Ij2YgRyZVgyu6mPtI/1_700.jpg@https://real-estate-website.net/myre/images/images_city/FL/ChIJiUSIQdkC2YgR83Sudl4cYTs/1_700.jpg@https://real-estate-website.net/myre/images/images_city/FL/ChIJ9cr6ICcB2YgRvo6_QHW-AnY/1_700.jpg@https://real-estate-website.net/myre/images/images_city/FL/ChIJpzH_x2-p2YgRaLi3db561wc/1_700.jpg@https://real-estate-website.net/myre/images/images_city/FL/ChIJud3-Kxem2YgR62OUJUEXvjc/1_700.jpg
Boca Raton, Palm Beach County@Pompano Beach, Broward County@Fort Lauderdale, Broward County@Hollywood, Broward County@Miami Beach, Miami-Dade County
/buildings_boca_raton_idChIJJ_s278Ij2YgRyZVgyu6mPtI@/buildings_pompano_beach_idChIJiUSIQdkC2YgR83Sudl4cYTs@/buildings_fort_lauderdale_idChIJ9cr6ICcB2YgRvo6_QHW-AnY@/buildings_hollywood_idChIJpzH_x2-p2YgRaLi3db561wc@/buildings_miami_beach_idChIJud3-Kxem2YgR62OUJUEXvjc
Boca Raton is a city in Palm Beach County, Florida. The city is located at 26°22'6''N and 80°7'44''W. According to the United States Census Bureau, the city's population was 91,332. According to the last census, the median income for a household in the city was 71,678. Please visit the city page on my website and you'll be able to see all real estate data and detailed Boca Raton statistics. @Pompano Beach is a city in Broward County, Florida. The city is located at 26°14'16''N and 80°7'29''W. According to the United States Census Bureau, the city's population was 106,105. According to the last census, the median income for a household in the city was 43,799. Please visit the city page on my website and you'll be able to see all real estate data and detailed Pompano Beach statistics. @Fort Lauderdale is a city in Broward County, Florida. The city is located at 26°7'21''N and 80°8'14''W. According to the United States Census Bureau, the city's population was 176,013. According to the last census, the median income for a household in the city was 51,247. Please visit the city page on my website and you'll be able to see all real estate data and detailed Fort Lauderdale statistics. @Hollywood is a city in Broward County, Florida. The city is located at 26°0'40''N and 80°8'58''W. According to the United States Census Bureau, the city's population was 148,047. According to the last census, the median income for a household in the city was 46,091. Please visit the city page on my website and you'll be able to see all real estate data and detailed Hollywood statistics. @Miami Beach is a city in Miami-Dade County, Florida. The city is located at 25°47'26''N and 80°7'48''W. According to the United States Census Bureau, the city's population was 91,732. According to the last census, the median income for a household in the city was 50,937. Please visit the city page on my website and you'll be able to see all real estate data and detailed Miami Beach statistics.

I know everything about Real Estate. Contact Me!

Alfonso Lam

LAM International Realty, LLC

10219 SW Flagler Ter Miami, FL 33174

Email: alfonsolam.c@gmail.com

Phone: (305) 281-5414

I take the time to listen carefully to understand my client’s needs, wants and concerns. I will be ready to take quick action when required and spend more time with those who aren’t quite sure which direction to take. My genuine concern for my client’s best interests and happiness ensures the job is done!

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