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2022 Year End Lakefront Market Report

Sotheby’s International Realty | December 2022

2022 Year End Lakefront Market Report.

Real Estate Headlines

Greater Palm Beach Area Home Sales Down 15 Percent Annually in March
May is the Best Month to Sell a Home in the U.S.
Banking, Finance Sectors Will Drive Largest AI Investments in 2023
FEMA Paid Out $3.9 Billion in Flood Insurance Payments from Hurricane Ian
Annual Home Price Growth in the U.S. Dips to 11 Year Low in March
U.S. Mortgage Applications Dip in Late April
GLOBAL LISTINGS Announces New Generative AI Real Estate Search Engine
U.S. Construction Jobs Decline in March as Layoffs Uptick
North American Multifamily Market Begins to Stabilize in Q1
U.S. Commercial Property Sales Implode 56 Percent in Early 2023
Nonresidential Construction Spending in the U.S. Upticks in March
Lack of Listings Inventory Keeps U.S. Home Prices Propped Up
European Hotel Transactions Decline 18 Percent in 2022 as Interest Rates Surge
Life Sciences Office Vacancies on the Rise in Early 2023
Pending Home Sales in U.S. Drop 5.2 Percent in March
Profit Margins on U.S. Home Sales Drop to 2-Year Low
U.S. Borrowers Purchased 15 Percent More Mortgage Points in 2022 Than 2021
U.S. Commercial, Multifamily Mortgage Delinquencies Increase in Early 2023
Housing Choice Vouchers Not Keeping Up Rising U.S. Rents
California Home Sales Dip 34 Percent Annually in March
Home Builder Sentiment in U.S. Supported by Lack of Existing Inventory
Greater Miami Residential Sales Down 36 Percent Annually in March
U.S. Mortgage Rates Continue to Climb in Late April
U.S. Home Sales Edge Down Again in March
Home Foreclosures Spike 22 Percent Annually in the U.S.
America's Industrial Market Experiences Sharp User Demand Declines in Early 2023
U.S. Home Prices See Biggest Annual Drop in Over a Decade in March
Most U.S. Homeowners Enjoyed $122,000 of Wealth Creation Over Last Decade
Single Family Home Starts in the U.S. Improve in March
Marijuana Industry Buying Less Commercial Property in the U.S.
Orlando Area Home Sales Down 28 Percent Annually in March
Residential Rents in U.S. Post First Annual Decline in 3 Years
Gen Z Prioritize Pets over Partners and Kids When Buying a Home
Total U.S. Commercial Mortgage Lending Hit $816 Billion in 2022
Home Remodeling Sentiment Index Edged Up in Early 2023
U.S. Inflation Slows to 5 Percent in March, Lowest in 2 Years
Texas Mortgage Market Becomes Optimistic as Originations Rebound
Renewals Main Driver of Manhattan's Office Leasing Activity in Q1
U.S. Mortgage Credit Availability Increased in March
Measurabl Launches Instant Climate Due Diligence Reports for Commercial Properties Worldwide

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2022 Year End Lakefront Market Report

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