A whirlwind year ahead for home buyers?

The coming years will likely present similar challenges in the real estate market.

Overall, it is expected that Americans will have a better chance of finding a home to buy in 2022 than during 2021. With this said, the market will still remain ultra-competitive as first-time home buyer demand continues to increase. Although incomes are predicted to increase in the coming year, so will home prices, rents, and… Continue reading A whirlwind year ahead for home buyers?

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Why you should never skip a home inspection

Thinking about skipping the home inspection? You may want to reconsider.

The ultra-competitive housing market of the past two years has forced many home buyers to consider strategies to help make their offers stand apart from the rest. One such strategy that has gained some popularity is to waive a home inspection. In doing this, the seller will see the offer as more attractive since it… Continue reading Why you should never skip a home inspection

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Bigger is better again in the new home market

Is bigger better? The recent new home market appears to indicate so.

For years we saw new homes increase in size due to demand. In fact, even dating back to the 1980’s we saw the term “McMansion” enter the vocabulary. (McMansion is a pejorative term for a large “mass-produced” dwelling marketed to the upper middle class mainly in the United States.) For quite some time Americans’ appetite for… Continue reading Bigger is better again in the new home market

Do you need a real estate agent representing you for new construction?

Representation from a real estate agent when purchasing a new construction home can be quite beneficial.

The thought of moving into a brand new home that nobody has ever lived in is quite appealing to many. After all, what is not to like? Chances are it has the most updated amenities and you should not have to worry about as many maintenance issues as you would an older home. Typically, new… Continue reading Do you need a real estate agent representing you for new construction?

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Shadow buyers and the future of the housing market

Shadow buyer still remain the housing market.

Here is a familiar story for many Americans across the country: You were living in the city in a small 600 square foot apartment near the office that you worked at. All of a sudden the pandemic began and then you were forced stay home and your company instituted a work-from-home policy. After living like… Continue reading Shadow buyers and the future of the housing market

Making your offer stand out in a competitive housing market

Tips for making your offer stand out from the pack in a competitive housing market

To say that the current housing market is competitive would be quite an understatement. Although we are seeing some signs of buyer demand diminishing, there are still many prospective buyers remaining in the market from the spring and summer months. In addition, the inventory of homes for sale continues to be quite a challenge as… Continue reading Making your offer stand out in a competitive housing market

Out of state moving tips

"The Great Reshuffling" has resulted in many out-of-state moves. We offer some helpful tips.

If you are like many Americans during the pandemic, you may be moving across state lines or even across the country in some cases. Naturally, this can be an intimidating and even somewhat overwhelming experience. As with anything else, thorough preparation is the key to success. Below we discuss some helpful tips to consider when… Continue reading Out of state moving tips

The Fall home buying opportunity

The fall season typically presents some opportunities for home buyers.

With many prospective home buyers feeling frustrated from being outbid on homes during the crazy competitive spring and summer months, this fall may present the best home buying opportunity that has been seen in the past 18 months. Typically, buyer activity peaks during the spring and summer months and then cools off a bit during… Continue reading The Fall home buying opportunity

The pandemic push for bigger homes

Since the beginning of the pandemic, we are seeing a trend towards larger homes.

Since the beginning of the pandemic, more buyers have been in search of larger homes. With this increased demand, builders have responded by focusing on larger homes as well. In particular, we have seen the share of single-family homes with 4 or more bedrooms rise accordingly. In fact, the share of single-family homes started with… Continue reading The pandemic push for bigger homes

How much are average closing costs in Florida?

What are typical closings costs for a home?

“How much will my closing costs be?” This is a common question that we receive from many of our clients here in South Florida. Of course, just like everything else in this economy, the price tag has risen. Recently, ClosingCorp, a provider of residential real estate closing cost data and technology, provided some updated data.… Continue reading How much are average closing costs in Florida?