The housing market is showing signs of a shift in 2024, with experts predicting a modest rise in single-family home construction. While the market faced headwinds in 2022 and 2023 due to rising interest rates, a combination of factors is expected to lead to a gradual increase in new home starts this year. We take… Continue reading Single-Family Home Starts Projected To Rise
Category: Home Buying
Pros And Cons Of Buying In A Equity Membership Community
The allure of an equity membership community can be strong. Gated entrances, manicured lawns, and a promise of a curated lifestyle all sound very appealing. Of course, if you are an avid golfer or tennis player, an equity membership community may seem ideal. However, before you jump in and buy a house in one of… Continue reading Pros And Cons Of Buying In A Equity Membership Community
Record Tourism In Palm Beach County: The Impact On Real Estate
Palm Beach County’s sunny beaches and vibrant culture have always been a magnet for tourists, but 2023 saw a record-breaking year, with 9.5 million visitors pouring into the area. This significant increase in tourism has many wondering what it means for the county’s real estate market. A booming tourism industry The record-breaking number of visitors… Continue reading Record Tourism In Palm Beach County: The Impact On Real Estate
The Pros And Cons Of Owning A Waterfront Property
For many, owning waterfront property in South Florida is the epitome of paradise. Imagine waking up to breathtaking sunrises over the ocean, stepping out your door for a quick swim, or enjoying balmy evenings on your dock. However, before diving headfirst into this dream, it’s crucial to understand the pros and cons of this unique… Continue reading The Pros And Cons Of Owning A Waterfront Property
Housing Affordability At Historic Lows
Owning a home has long been a cornerstone of the American Dream, representing stability, security, and a path to wealth building. But for many, that dream is fading fast. Housing affordability has plummeted to historic lows, leaving millions struggling to keep a roof over their heads. Housing affordability according to the numbers Complex causes of… Continue reading Housing Affordability At Historic Lows
Pros And Cons Of Buying An Older House
It is no secret that the inventory of homes for sale here in South Florida and throughout much of the country is tight. With this said, in some neighborhoods, buying an older house is your main option. Of course, the allure of an older home is undeniable. They whisper stories of bygone eras, boast unique… Continue reading Pros And Cons Of Buying An Older House
Common Mortgage Terminology
Buying a home is an exciting journey, but the process of obtaining a mortgage can feel like trekking through a financial jungle. Don’t worry, you’re not alone! Many terms get thrown around, leaving even savvy home buyers scratching their heads. Of course, arming yourself with some basic mortgage knowledge will make the home buying process… Continue reading Common Mortgage Terminology
The Impact of Job Growth On Home Prices
The good news keeps rolling in: the job market is booming! Unemployment is low, wages are rising, and businesses are expanding. But for many, this economic sunshine casts a shadow over a major life goal: home ownership. Why? Because the same factors fueling job growth are also pushing home prices higher. We discuss this dynamic… Continue reading The Impact of Job Growth On Home Prices
The Super Bowl Game And The Local Real Estate Market
It is Super Bowl Sunday, which for many Americans means getting together with family, friends, and loved ones and enjoying some delicious food and beverages while watching the big game. With this said, a fortunate minority of people will actually get a chance to attend the biggest sporting event of the year in person. Of… Continue reading The Super Bowl Game And The Local Real Estate Market
Common Uses For A Property Survey
If you are house hunting, it is easy to get caught up in the excitement of showings, drafting offers, and negotiating a price. Of course, there is one important step that will need to be taken towards the end of the buying process. This crucial step is the property survey. Alternatively, as a homeowner have… Continue reading Common Uses For A Property Survey