Declining Inflation And The Housing Market

With inflation potentially declining, this could have some impacts on 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 is booming and the housing market has reflected this.

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

Existing Home Sales Hit 30-Year Low

Tight inventory plus high prices have contributed a a record low in existing home sales.

There is no doubt that the housing market has cooled off some over the past year. In fact, existing home sales have reached their lowest point in 30 years. According to the National Association of Realtors® (NAR), existing home sales fell 18.7% in 2023 compared to 2022. This is the biggest annual decline since 2007,… Continue reading Existing Home Sales Hit 30-Year Low

U.S. Foreclosure Filings Rise In 2023

Foreclosure filings increased in 2023.

In a trend echoing whispers of the 2008 housing crisis, U.S. foreclosure filings saw a notable increase in 2023. While the numbers remain far below the staggering figures witnessed during the Great Recession, the uptick has naturally sparked concern and prompted questions about the stability of the housing market. According to a report from ATTOM… Continue reading U.S. Foreclosure Filings Rise In 2023

Considerations For Adding A Swimming Pool To Your Home

A swimming pool can be a welcome addition to your South Florida home!

South Florida offers sunshine, beaches, and endless possibilities for outdoor living. So what could take your backyard oasis to the next level? A sparkling swimming pool, of course! Adding a pool to your South Florida home isn’t just about a refreshing dip on a hot day; it’s about creating a space for memories, laughter, and… Continue reading Considerations For Adding A Swimming Pool To Your Home

Move To Florida

Florida continues to be a top destination for out-of-state movers.

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

What To Do With Your Home If You Buy A Second Property

It is important to consider your options when buying 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

Real Estate Appraiser Tips For Pricing Your Home Right

Pricing your home appropriately is one of the most critical aspects of listing your home for sale.

Selling your home is a big decision, and getting the price right is crucial. Therefore, pricing your home correctly is critical whenever listing your home for sale. While online tools and calculators offer rough estimates, there’s nothing like the expertise of a real estate appraiser to truly unlock your home’s potential value. But what are… Continue reading Real Estate Appraiser Tips For Pricing Your Home Right

Common For Sale By Owner Regrets

Selling your home by owner can cost you time and money.

Selling your home is a big decision, and there are many different ways to go about it. One option is to go the traditional route and hire a real estate agent. However, another option is to sell your home yourself, also known as “for sale by owner” (FSBO). While FSBO can save you money on… Continue reading Common For Sale By Owner Regrets

What Are Seller Concessions In Real Estate?

Seller concessions have become more prevalent in the current housing market.

There is no doubt that the real estate market has slowed down considerably over the past year. With this said, in many markets sellers are being forced to be more aggressive with their marketing and negotiating. For buyers, buying a home is an exciting yet daunting process regardless of the market. Between the hefty down… Continue reading What Are Seller Concessions In Real Estate?