Dreaming of trading in the daily grind for a life less ordinary? You’re not alone. Millions of Americans are packing up and migrating to new states in search of a lifestyle upgrade. But with 50 options to choose from, where do you start? With many companies adopting the virtual workspace, moves across the country are… Continue reading The Top States People Move To For Lifestyle Changes
Category: Home Buying
The Importance Of Multiple Showings When Home Buying
In recent years, we have seen an uptick in “sight unseen” home purchases, particularly here in South Florida. Although this is not ideal, the main reason for this has been an ultra competitive home buying market that we experienced coming out of the pandemic. Fast forward to the present time and we are certainly not… Continue reading The Importance Of Multiple Showings When Home Buying
Should I Rent Or Buy In South Florida?
A tropical climate, beautiful beaches, a thriving economy, and no state income tax. These are just a few of the reasons that make living in South Florida so spectacular. Of course, many Americans have also realized this and have decided to move to paradise as well. As a result, home prices as well as rental… Continue reading Should I Rent Or Buy In South Florida?
Declining Inflation And The Housing Market
After months of scorching hot prices, it appears as though the housing market has entered a period of change for some time now. With whispers of inflation receding, buyers and sellers alike are wondering: what does this mean for the future of our homes? This could mean that we’re about to navigate the complex terrain… Continue reading Declining Inflation And The Housing Market
Florida’s Booming Economy And Its Impact On Housing
Florida’s economy has been on a tear in recent years, outperforming the rest of the nation in terms of job growth, Gross Domestic Product (GDP), and tourism. This strong economic performance has subsequently had a significant impact on the state’s housing market, which has seen soaring prices and low inventory. We discuss some of these… Continue reading Florida’s Booming Economy And Its Impact On Housing
Investor Home Purchases Declined In 2023
A persistently low inventory, of homes for sale, elevated mortgage rates, and still-increasing home prices have certainly presented some headwinds for many home buyers. Of course, these challenges have also impacted investor home purchases as well. 2023 witnessed a significant shift in the housing market, with a notable decline in investor home purchases. This trend,… Continue reading Investor Home Purchases Declined In 2023
Mortgage Rates At Lowest Level Since May 2023
In welcome news for both home buyers and sellers, mortgage rates have just hit their lowest level since May 2023. After what has been quite a roller coaster of a year for mortgage rates, this is certainly some much needed relief for prospective home buyers. This news comes courtesy of Freddie Mac’s latest Primary Mortgage… Continue reading Mortgage Rates At Lowest Level Since May 2023
Move To Florida
Florida has long been a magnet for retirees and vacationers seeking sun-kissed beaches and balmy weather. But in recent years, the Sunshine State has seen a surge of a different kind: out-of-state movers. In 2022, Florida received the highest number of newcomers from other states, solidifying its position as the most popular relocation destination in… Continue reading Move To Florida
Pros And Cons Of An Adjustable-Rate Mortgage
An Adjustable-rate mortgage (ARM) is a tempting option for many home buyers, especially those enticed by the typically lower introductory interest rates. But before you jump on the ARM bandwagon, it’s crucial to weigh the pros and cons carefully. Let’s delve into the key aspects of ARMs to help you make an informed decision. What… Continue reading Pros And Cons Of An Adjustable-Rate Mortgage
What To Do With Your Home If You Buy A Second Property
Over the past few years many Americans have opted to buy a second property. Not surprisingly, we have assisted many clients with these purchases right here in South Florida. As the excitement of buying a second property simmers, a new question emerges: What do you do with your first home? Sell, rent, or transform it… Continue reading What To Do With Your Home If You Buy A Second Property