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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Pros And Cons Of Buying A Townhouse

Buying a less expensive townhouse may be a great alternative to a more expensive single-family home.

Read any articles about real estate these days and chances are the skyrocketing prices of single-family homes will be discussed. Of course, it is not only single-family homes that have risen. After all, the tide rises all boats. Therefore, we have also seen a rise in the multi-family sector of the market as well. As… Continue reading Pros And Cons Of Buying A Townhouse

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A Shift To A Buyer’s Market

The market is shifting from a seller's market to a buyer's market.

There is no doubt that home buyers have faced challenges in the recent years. Skyrocketing prices, a lack of inventory, and bidding wars are just a few of these challenges. Fast forward to 2022 and out-of-control inflation resulting in rapidly rising mortgage interest rates are only compounding the problem now. With this said, there could… Continue reading A Shift To A Buyer’s Market

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Will Student Loan Forgiveness Increase Millennials Homeownership Rate?

Could we see an increase in home ownership due to student loan forgiveness?

On August 24, 2022 The Biden Administration announced that most federal student loan borrowers will be eligible for some student loan forgiveness of up to $10,000. For low-income undergraduate students that received a Pell Grant, this amount could be up to $20,000. According to the U.S. Department of Education, a simple application for these borrowers… Continue reading Will Student Loan Forgiveness Increase Millennials Homeownership Rate?

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The Importance Of A Plumbing Inspection

In addition to a general home inspection, a plumbing inspection is recommended for older hones.

If you are house hunting throughout South Florida, particularly in the eastern communities, then chances are that you are looking at some older homes. If so, it is important to be knowledgeable about certain construction methods used during various time periods. Perhaps there is no better example of this than plumbing. Since plumbing can be… Continue reading The Importance Of A Plumbing Inspection

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More Home Buyers Are Uneasy In This Market

The slowdown in housing is causing more home buyers to be weary.

Although rising home prices and mortgage rates have deterred many home buyers from moving forward with a purchase, it is likely the rapidly evolving housing market that has many nervous. For many home buyers, there are distinct memories of the housing collapse seen in 2008. While the current housing market does not share many of… Continue reading More Home Buyers Are Uneasy In This Market

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Lowest Priced Home Market Is The Most Competitive

Buyer demand for lower priced homes remains strong.

The real estate market is currently in a state of transition after a record year for home sales in 2021. In fact, more homes were sold in 2021 than in any year since 2006. What a difference a year makes though. As of June 2022, home sales have posted a year-over-year decline of 24.1%. Rising… Continue reading Lowest Priced Home Market Is The Most Competitive

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Can I Put An Offer On A House That Is Already Under Contract?

Submitting a back-up contract can be fruitful in this market.

If you are a home buyer that has been house hunting within the past several years, then we likely don’t need to remind you of how low the inventory of homes for sale has been. For perspective, a healthy housing market typically has about a 5 to 6 month inventory of homes for sale at… Continue reading Can I Put An Offer On A House That Is Already Under Contract?

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Investing In A Vacation Rental

Investing in a vacation rental can provide a great return on your investment.

South Florida has always been known to be a popular vacation destination. In addition to many Americans vacationing in The Sunshine State, many international travelers have also enjoyed our slice of paradise. Interestingly, the demand for vacation rentals throughout our area has skyrocketed during recent years. Due to the pandemic, many Americans have opted to… Continue reading Investing In A Vacation Rental

What Do Buyers Want In A Home?

The pandemic brought upon some new home trends.

There is no doubt that the pandemic sparked some new trends in real estate. For starters, there has been a major push for not only more indoor space but also more outdoor space. In addition, amenities that allowed homeowners to be more productive from their own homes also took center stage. (i.e. home office for… Continue reading What Do Buyers Want In A Home?