Should Buyers Wait For Mortgage Rates To Drop?

Many buyers are deciding whether or not to wait for lower mortgage rates to buy a home.

The age-old question for aspiring homeowners: should you bite the bullet and buy now, or wait for that elusive drop in mortgage rates? In today’s market, with rates hovering around 7%, it’s a question on many people’s minds. We discuss some things to consider below. The case for waiting for mortgage rates to drop The… Continue reading Should Buyers Wait For Mortgage Rates To Drop?

The Impact Of Falling Consumer Sentiment On Real Estate

Consumer has dipped over the past few months. How will the housing market react?

Consumer sentiment has been on a bit of a roller coaster ride lately. After a strong start to 2024, recent months have seen a slight dip, with some economists cautioning about a potential slowdown. But what does this mean for the ever-heated housing market? Before we begin, what exactly is consumer sentiment? Consumer sentiment is… Continue reading The Impact Of Falling Consumer Sentiment On Real Estate

The Do’s And Don’ts Of Real Estate Investing

Investing in real estate is one of the best ways to build generational wealth.

Real estate investing can be an amazing path to building wealth and long-term financial security. But like any venture, it requires knowledge and planning to avoid costly mistakes. To navigate the exciting yet complex world of real estate, below is a breakdown of the key do’s and don’ts of real estate investing. The do’s of… Continue reading The Do’s And Don’ts Of Real Estate Investing

The Best And Worst Rental Markets

Soaring rental prices have made it difficult on many renters, but prices have adjusted in certain markets.

Over the pas several years, we have seen a rental crisis across many locations throughout the country. With prices soaring in many rental markets in addition to out-of-control inflation, many Americans continue to struggle to make ends meet. Recently, the Waller, Weeks and Johnson Rental Index shed some light on the country’s hottest and coolest… Continue reading The Best And Worst Rental Markets

All-Cash Home Buyers Hits Decade High

All-cash home buyers continue to be fairly prevalent in the South Florida housing market.

The American housing market has seen a new trend this year: more buyers are wielding cash instead of relying on mortgages. As of January 2024, a whopping 32% of home purchases were made by all-cash buyers, according to the National Association of Realtors® (NAR). This marks the highest proportion of all-cash buyers since 2014. So… Continue reading All-Cash Home Buyers Hits Decade High

Property Taxes On Single-Family Homes Increased In 2023

Although home values dropped slightly across the country, single-family home property taxes rose in 2023.

Home ownership comes with many joys, but also some financial burdens. One of those being property taxes, which unfortunately saw a significant jump in 2023. According to a recent report by ATTOM Data Solutions, a leading real estate data provider, these taxes on single-family homes rose by a whopping 6.9% nationwide. This translates to a… Continue reading Property Taxes On Single-Family Homes Increased In 2023

The Impact Of A Low Appraisal When Selling A Home

An appraisal is a pivotal step in the home selling or buying process.

You’ve found a buyer, agreed on a price, and are popping champagne corks… until the appraisal comes back. A low appraisal can throw a wrench into the smoothest home sale, leaving both buyers and sellers scrambling. Although this can be extremely frustrating, this isn’t necessarily the end of the deal. Let’s dive into how a… Continue reading The Impact Of A Low Appraisal When Selling A Home

Florida Property Insurance Update

Florida homeowners are slowly receiving some more options for property insurance.

Florida homeowners in need of a glimmer of hope can finally breathe a sigh of relief. The state recently approved eight new property insurers to enter the market, marking a significant shift in the previously turbulent landscape. This influx of new companies is a direct result of legislative reforms implemented in 2022, which aimed to… Continue reading Florida Property Insurance Update

Florida Senate Bill 280 And Short-Term Rentals

Short-term rentals in Florida may have some more regulations soon.

Florida’s market for short-term rentals has been strong for some time and has been growing. However, with that growth comes growing pains. Local governments have struggled to regulate short-term rentals, leading to concerns about noise, parking, and the overall character of neighborhoods. Enter Senate Bill 280 (SB 280), a piece of legislation currently making its… Continue reading Florida Senate Bill 280 And Short-Term Rentals

6 Home Selling Tips

Following these home selling tips will be critical to your success.

This year, spring officially goes from March 19th through June 20th, 2024. With this said, this means that the spring home buying season is officially upon us. Needless to say, this also can mean a home selling season for many homeowners. Selling your house can be a bittersweet experience. You’re likely excited for a new… Continue reading 6 Home Selling Tips