Top 10 Reasons To Move To South Florida

A few of the top reasons to consider relocating to South Florida

Did you know? The state of Florida welcomed more visitors in 2021 than in any other year in recorded state history – nearly 118 million people. Of course, with the tropical climate, beautiful beaches, and various amusement parks, The Sunshine State’s popularity as a tourist attraction is nothing new. With this said, freedom from restrictive… Continue reading Top 10 Reasons To Move To South Florida

Hidden Expenses When Buying a Condo

It is critical to analyze all costs associated with a condo purchase.

Although the entire real estate market is experiencing substantial price appreciation, single-family homes have been leading the way. With the push towards opting for more space, many Americans have been looking to single-family homes in the suburbs to meet these needs. Needless to say, the robust price growth combined with limited inventory of single-family homes… Continue reading Hidden Expenses When Buying a Condo

Most Wanted Features From First-Time Homebuyers

The most common sought after features by home buyers.

Millennials represent the lion’s share of home buyers in this country. With many of these being first-time home buyers, a recent study called “What Home Buyers Really Want, 2021 Edition” from the National Association of Home Builders (NAHB) sought out to determine the most desired home and community features from these buyers. The study is… Continue reading Most Wanted Features From First-Time Homebuyers

What to Expect in the Spring Buying Season

Will the spring season be more of the same for home buyers?

We have officially entered the 3rd spring home buying season since COVID-19 emerged. Although most people did not know what to expect from the housing market as we entered the pandemic, it is safe to say that insatiable demand resulting in skyrocketing prices was not expected by many (or any). As lock downs began to… Continue reading What to Expect in the Spring Buying Season

Are Home Bidding Wars Intensifying?

Bidding wars have remained quite popular in 2022. Is there any relief in sight?

It has been well documented that the real estate market has been in a frenzy the past few years. With Americans seeking more space in the home and many having the ability to work remotely, we have seen significant movement in the market. The challenge has been the tight inventory of homes for sale. Already… Continue reading Are Home Bidding Wars Intensifying?

Starter homes are evolving

With more institutional investors entering the market, the competition for starter homes is rising.

Throughout time, it has been quite common for young professionals and/or newlyweds to rent for a few years after starting their first job before buying their first home several years later. Known as a “starter home”, these homes were often single-family homes that were smaller than the average home in the area. Needless to say,… Continue reading Starter homes are evolving

How to win bidding wars in real estate

With bidding wars continuing, buyers must access the best strategies in order to compete.

If you have been house hunting and submitting offers during the past few years, there is a good chance that you have encountered a competitive bidding war. Not surprisingly, all-cash offers were more than four times as likely to win a bidding war for homes in 2021. From a seller’s perspective, this is quite understandable… Continue reading How to win bidding wars in real estate

Competing with out-of-state home buyers

Florida residents have steep competition from out-of-state home buyers

If you are a Florida resident looking to buy a home then chances are you have seen firsthand the level of competition from out-of-town buyers. Historically, southeast Florida has been a main attraction for many Americans looking to relocate from more expensive markets such as New York & New Jersey. However, since the pandemic and… Continue reading Competing with out-of-state home buyers

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Rent increases are forcing more people to buy

Rising rental prices are forcing many to purchase homes.

Many renters across the country are learning of significant rent increases at lease renewal time. In some cases, we have even heard of rental amounts increasing by 50% or more. As for the Miami, FL market, average rents surged more than 30% over the past year. At the national level, average monthly rents climbed more… Continue reading Rent increases are forcing more people to buy