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
Category: Home Selling
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
When To Drop The Price Of Your Home
Selling your home is a balancing act. You want to get the best possible price, but you also don’t want it sitting on the market for months, gathering dust and discouraging offers. As for accurately pricing a home to both maximize interest and profits, this is a science. Oftentimes, sellers will need to drop the… Continue reading When To Drop The Price Of Your Home
Tips For A Faster Home Sale
Selling your home can be an exciting adventure, but let’s face it, nobody wants it to drag on forever. Whether you’re relocating for a new job, up-sizing for a growing family, or simply ready for a fresh start, a faster sale means less stress and more time to focus on the next chapter. But how… Continue reading Tips For A Faster Home Sale
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
Existing Home Sales Hit 30-Year Low
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
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
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