As the real estate market has turned from a seller’s market to a buyer’s market over the past 15 months or so, we have seen a rise in contract cancellations. Whether you are a buyer or a seller, it is important to remember that even after you have an executed contract, there are many potential… Continue reading Common Reasons For Real Estate Contract Cancellations
Category: Home Buying
Is A 203(k) Loan Right For You?
Most house hunters prefer to find a home that meets all their desired criteria and does not require much work prior to moving in. Unfortunately, this is easier said than done. With the inventory of homes for sale being so low, many home buyers are having to consider project homes that require a lot of… Continue reading Is A 203(k) Loan Right For You?
Move To Florida
Florida has always been a popular destination for people relocating from all over the country. During the pandemic, we saw this trend become even more popular though. The state’s warm weather, beautiful beaches, and abundance of activities and attractions make it a desirable place to live. In addition, Florida has a strong economy and a… Continue reading Move To Florida
New Mortgage Rule Aims To Punish Good Credit
As if the housing market didn’t already have enough challenges these days, there is now a new mortgage rule set to take effect on May 1, 2023. In yet another effort by the Biden administration to redistribute wealth in America, a new rule will raise mortgage fees for borrowers with good credit and a solid… Continue reading New Mortgage Rule Aims To Punish Good Credit
Tipping Point For Mortgage Rates
The housing market has certainly changed since 2021 when it was not uncommon for new home listings to receive multiple offers within hours of hitting the market. Oftentimes, these listings would result in bidding wars with many homes selling above their asking prices. Fast forward to today and we are seeing far fewer buyers in… Continue reading Tipping Point For Mortgage Rates
Property Taxes Explained
The average American household spends $2,690 on property taxes for their homes each year, according to the U.S. Census Bureau, and residents of the 26 states with vehicle property taxes shell out another $444. According to the National Tax Lien Association, more than $14 billion in property taxes go unpaid each year. At least the… Continue reading Property Taxes Explained
The Top Airbnb Locations In Florida
Florida is a popular tourist destination, and Airbnb is a great way to experience the state’s many attractions. There are hundreds of thousands of Airbnb listings throughout Florida, so there’s something for everyone. From budget-friendly apartments to luxurious beachfront villas, the options seem endless. As an investor, an Airbnb property can also be a great… Continue reading The Top Airbnb Locations In Florida
How Often Are People Moving?
According to data from the U.S. Census Bureau, it is estimated that the average person in the United States will move 11.7 times in their lifetime. Of course, this figure will range based on age. For example, at age 18, a person can expect to move another 9.1 times in their remaining lifetime, but by… Continue reading How Often Are People Moving?
Common Challenges With Buying A Home
The thought of buying a home is a dream for many Americans. With this said, it can also prove to be quite a challenging endeavor with many potential pitfalls along the way. Below, we highlight some of the most common challenges seen when buying a home. For more information on common issues encountered once you… Continue reading Common Challenges With Buying A Home
Vacation Home Demand
During the pandemic, vacation home sales soared and there is no better example of this than here in the South Florida market. In addition to the desires to social distance, the virtual work environment removed all boundaries for many American workers as they transitioned from an office cubicle to their computer screens across the country.… Continue reading Vacation Home Demand