Higher Rates Are Keeping More Sellers From Listing

As mortgage rates rise, less sellers are listing their homes for sale.

One of the biggest challenges in the housing market in recent years has been a low inventory of homes for sale. Although buyer demand has surged, the number of new listings and new home construction has not been able to keep up. Fast forward to mid-2022 and we began to see buyer demand substantially slow… Continue reading Higher Rates Are Keeping More Sellers From Listing

The Future Of Florida Property Insurance

The future of Florida's property insurance is uncertain.

Florida’s insurance market has been in a meltdown mode for several years now and this is prior to last week’s historic landfall on southwest Florida from Hurricane Ian. Unfortunately, the category-4 storm packed 155-mph winds and brought upon a record storm surge. What many may not realize is that six insurers have been declared insolvent… Continue reading The Future Of Florida Property Insurance

Good News For First-Time Homebuyers

The FHA recently announced some welcomed news for first-time homebuyers.

There is no doubt that the current economic climate has brought upon many challenges for homebuyers. Of course, perhaps no group has been met with more challenges than first-time homebuyers. In addition to high home prices and a tight inventory, these buyers are also contending with mortgage interest rates that are double where they were… Continue reading Good News For First-Time Homebuyers

The Most Family-Friendly City In Florida

Coral Gables was the lone Florida city to be named in the top 15 most family-friendly cities in a recent publication.

Finding a great home in the current housing market can be challenging, particularly given the tight inventory seen across the country. Add in a family and this challenge becomes even more difficult. Nowadays, it is common for a family home to require two office spaces for both parents working remotely while also providing good school… Continue reading The Most Family-Friendly City In Florida

A Buyer’s Market In 2023?

A housing market in transition could be welcomed news for home buyers.

If you have been house hunting over the past few years, then there is no doubt that you have likely experienced some frustration. Whether it is the lack of inventory of homes for sale or losing out to other buyers in bidding wars, it has been quite a challenging market for home buyers. With this… Continue reading A Buyer’s Market In 2023?

What Is The Best State To Retire In?

Florida continues to be the top retirement destination in the U.S.

Post-career goals vary for many Americans. Whether retirement means moving closer to the grandchildren, playing more golf, or simply relaxing on a beach somewhere, many Americans have a plan of how they would like to spend their retirement years. Of course, in South Florida we are quite familiar with retirees opting to change their latitudes… Continue reading What Is The Best State To Retire In?

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How Does Florida Compare For Average Lot Sizes?

As more people move to Florida, are they having to sacrifice lot size?

The desire for more space both inside and outside the home has increased for many Americans since the beginning of the pandemic. In addition to this additional space, most Americans also desire to have their personal freedoms. It is largely due to this desire for freedom from restrictive mandates that many Americans have relocated to… Continue reading How Does Florida Compare For Average Lot Sizes?

Post-Pandemic Real Estate Trends

The pandemic has brought upon some new real estate trends.

The COVID-19 pandemic has certainly changed many aspects of life. From the way business is conducted virtually in many circumstances to the liberal use of hand sanitizer by many Americans, our lives have changed in more than just a few ways. The housing market is certainly no different. In fact, it is largely expected that… Continue reading Post-Pandemic Real Estate Trends

Reasons To Hire A Real Estate Attorney

The importance of having a real estate attorney can not be understated.

Home ownership is still considered to be “The American Dream”. With this said, it is typically the largest financial investment in the lives of most Americans. With this said, it is surprising that many home buyers and sellers opt to not hire a real estate attorney as part of their transactions. If you have ever… Continue reading Reasons To Hire A Real Estate Attorney

Rising Rents: How Does Florida Compare?

Higher rents look to be stabilizing across many markets.

With both home prices and mortgage rates rising at a rapid pace recently, more Americans are opting to rent instead. Not surprisingly, this increased demand for rental housing is also driving up rental prices. As of August 2022, asking rents in the U.S. rose to record highs. With this said, the rate of rent growth… Continue reading Rising Rents: How Does Florida Compare?