Short-term or vacation rentals have always been popular throughout South Florida. This popularity in vacation rentals has exploded in recent years with more Americans being able to work remotely from anywhere. With this said, many of these remote workers end up deciding to work from various locations such as South Florida for several weeks or… Continue reading Delray Beach Ranks Highly For AirBnB Hosts
The demand for rental housing throughout South Florida has remained strong for the past several years and this is expected to continue as more Americans look to relocate to The Sunshine State. With this said, high home prices combined with rising mortgage interest rates are also forcing many would-be home buyers to re-enter or remain… Continue reading What Is A Cap Rate?
If you are a home buyer right now, then you already know the challenges that you are facing. With high home prices, record-level inflation, an economic recession, and now rapidly rising mortgage interest rates, there are various challenges to contend with. However, these same factors also mean that you will likely face less competition from… Continue reading Should I Get An Adjustable-Rate Mortgage?
Investing in income-producing properties can be a great way to supplement your income or even become a full-time occupation for some real estate investors. However, it only takes one problematic tenant to result in significant loss of revenue and even additional costs. The reason for this is because even if a landlord goes through the… Continue reading The Importance Of Tenant Background Screenings
Gone are the days when clients would need to call their real estate agent in order to meet at their local office to search the latest book of MLS listings in the area. Fast forward to today and clients can have access to a wealth of information right on their mobile device. However, it is… Continue reading Download The Florida Home Search App
It is no secret that the virtual workspace has had a significant impact on the real estate market. In fact, there is no better example of this than the Florida housing market. As a result, the demand for rental housing in The Sunshine State has risen dramatically, and so have the prices. For more on… Continue reading Will Rental Prices Ease Over The Next Year?
It is estimated that approximately 1,000 people move to Florida each day. Sixty percent of these newcomers are relocating from another state, while 40% are moving here from abroad. Not surprisingly, Florida has been the most popular state to relocate to for each of the past several years. Whether it is the tropical climate, strong… Continue reading Florida’s Population Expected To Grow At A Slower Pace
As of March 2000, the phrase “work from home” has become part of our everyday nomenclature. In fact, the virtual workspace has likely been the single biggest impact that the COVID-19 pandemic has had on the real estate market throughout South Florida, as well as many other parts of the country. For more on this,… Continue reading The Work From Home Impact On South Florida Real Estate
What a difference just a few months makes in the housing market! It was only several months ago when spring home buyers were bidding up homes with hopes of winning the home ownership sweepstakes of paying well above listing prices. Fast forward a few months with record inflation and thus rapidly increasing mortgage rates and… Continue reading South Florida Home Sales Drop As Inventory Edges Higher
Well, it is official. Economic data released this week confirmed what many of us have known for some time now. The United States economy is in a recession. As a reminder, a recession is defined by two consecutive quarters of falling gross domestic product (GDP). Today’s GDP figure that was released reflected -0.9% growth. Therefore,… Continue reading Florida: A Stable Housing Market