The Greenest Cities in the Country

Two Florida cities landed in the top 50 list for greenest cities in the U.S.

In an effort to be more environmentally responsible, most Americans are trying to reduce their carbon footprint these days, while also looking for sustainable alternatives for virtually everything. Recently, the travel insurance company battleface set out to determine the 50 greenest cities in the U.S. The results of this study can be found here. Parameters… Continue reading The Greenest Cities in the Country

Rents Post 14 Months of Record Highs

Rents continue their rise for the 14th month in a row!

The price of fuel, groceries, and virtually everything else is rising rapidly in our current economy. According to the latest Realtor.com®  Monthly Rental Report, you can continue to add rental prices to this list as well. According to the latest April 2022 report, the U.S. median rental price hit a new high of $1,827/month. This… Continue reading Rents Post 14 Months of Record Highs

The Biggest Driver of Rising Home Prices

The virtual workspace's impact on housing prices can not be overstated.

A lot has happened in the past several years that has greatly impacted the housing market. For starters, a once in a generation pandemic forced the phrase “social distancing” to become an everyday household phrase. This led to many Americans seeking out more space in the home, resulting in a major shift from city life… Continue reading The Biggest Driver of Rising Home Prices

Is Real Estate A Good Hedge Against Inflation?

Income-producing properties can be a great strategy to fight inflation.

Go to any cocktail party these days and chances are you will hear some discussions about inflation. Whether you are at the fuel pump, the grocery store, or essentially any other store, you will quickly realize that inflation is out of control. In fact, in just the past 17 months, inflation has gone from 1.4%… Continue reading Is Real Estate A Good Hedge Against Inflation?

Are We In A Housing Bubble?

Could we be on the brink of another housing bubble?

Home ownership continues to be The American Dream. In fact, prior to the 1950’s, less than half of Americans owned their own home. Fast forward to today and this rate currently sits at 65.5%. This continued growth in home ownership has allowed home prices to rise over time. Of course, there have been some setbacks… Continue reading Are We In A Housing Bubble?

How To Compete With A Cash Buyer For A Home

When competing against cash buyers for homes, certain strategies may be fruitful.

South Florida continues to see increased home buyer demand, particularly from out-of-state buyers moving to The Sunshine State from more expensive markets. In addition, the housing inventory continues to be extremely tight. For perspective, the benchmark for a balanced market (favoring neither buyer nor seller) is 5.5 months of inventory. Anything higher is traditionally a… Continue reading How To Compete With A Cash Buyer For A Home

South Florida Home Prices: More Than Doubled Since 2018

Home prices in South Florida have skyrocketed during the past 4 years!

As we have written about in various articles on this blog, The Sunshine State has been arguably the most popular state in the nation during the past several years. Like the rest of the country however, the South Florida housing market has been plagued by an extremely low inventory of homes for sale. Meanwhile, the… Continue reading South Florida Home Prices: More Than Doubled Since 2018

Is Everyone Moving To Florida?

Data from wireless carriers confirms migration patterns to Florida

It certainly seems as though The Sunshine State has been the most popular destination for relocating Americans over the past several years. Of course, the rapid rise in the popularity of the virtual working environment has removed all geographical barriers for many Americans. Needless to say, this has opened the door for a relocation to… Continue reading Is Everyone Moving To Florida?

The Importance Of Days On The Market

Home sellers must be cognizant of the number of days on the market

With homes selling faster than ever and the inventory at record lows, the number of days on the market is a surrogate marker that more buyers are paying attention to. In fact, with homes selling so quickly, it is not uncommon for a home having 14 days or more on the market to be a… Continue reading The Importance Of Days On The Market

The Best Months Of The Year To Sell A Home

Timing your home sale can reap even more profits.

As a homeowner, it is important to have a thorough plan when considering listing your home for sale. Of course, the first step in doing this is to hire the appropriate real estate agent that is knowledgeable in your local market and may provide key insights in order to obtain top dollar for your home.… Continue reading The Best Months Of The Year To Sell A Home