Heating, ventilation, and air conditioning, also known as “HVAC”, is a vital component of your home’s comfort and energy efficiency. Of course here in South Florida, when we hear the term HVAC, we are mainly referring to air conditioning. Given the warm and humid tropical conditions throughout the Sunshine State, it is important to ensure… Continue reading HVAC Maintenance Tips
Category: Live South Florida Realty, Inc
Florida: The Most Fun State In 2024
WalletHub recently crowned Florida as the most fun state in the United States. Known for its beautiful beaches, theme parks, and vibrant culture, The Sunshine State has long been a popular destination for tourists. However, this new title suggests that the state offers far more than just sun and sand. To determine the most fun… Continue reading Florida: The Most Fun State In 2024
Federal Reserve Interest Rate Cuts and Mortgage Rates
There is no doubt that the U.S. economy has experienced various challenges over the past several years. In fact, just this week the U.S. Bureau of Labor Statistics reported that it revised down its estimate of total employment in March 2024 by 818,000 jobs. This is the largest such downgrade in 15 years. Essentially this… Continue reading Federal Reserve Interest Rate Cuts and Mortgage Rates
Florida Wages Increase
After accounting for ther perstently high inflation of the past 4 years, the typical U.S. worker’s pay is about the same as it was in late 2019. However, some areas with labor shortages and an increase in remote work have seen wages rise sharply. In a recent study examining wage growth across the United States,… Continue reading Florida Wages Increase
A Decline In New Home Construction
The U.S. housing market is showing signs of cooling down. New data released by the U.S. Census Bureau and the Department of Housing and Urban Development revealed a significant drop in housing starts for July 2024. This marks the fifth consecutive month of decline, indicating a potential slowdown in the residential home construction industry. Key… Continue reading A Decline In New Home Construction
A Slight Relief In The Hurricane Forecast
If you live in Florida or in a coastal city in the southeast region, then you are quite familiar with the Atlantic hurricane season. Although the season goes from June 1st through November 30th, the peak period is between August and October with the height of the hurricane season being mid-September. Needless to say, the… Continue reading A Slight Relief In The Hurricane Forecast
More Floridians Are Opting Out Of Property Insurance
Florida, renowned for its beaches and warm weather, is now making headlines for a more alarming reason: a growing number of homeowners are opting to go without property insurance. This risky gamble also known as “going bare” is a direct response to skyrocketing premiums, a consequence of a perfect storm of factors including increased hurricane… Continue reading More Floridians Are Opting Out Of Property Insurance
America’s Renter Population Is Growing
According to a recent Redfin report, the renter population in the United States is booming. In fact, the renter population has been expanding at a much faster pace than the homeowner population. The number of renter households in the United States surged by 1.9% year-over-year in the second quarter of 2024, hitting a record high… Continue reading America’s Renter Population Is Growing
2024 Back-To-School Sales Tax Holiday
It’s that time of year again! The Florida Department of Revenue has announced the dates for the 2024 Back-to-School Sales Tax Holiday. From Monday, July 29th to Sunday, August 11th, Floridians can enjoy significant savings on essential back-to-school items. Although the list of items includes many typical things such as notebooks and folders, it also… Continue reading 2024 Back-To-School Sales Tax Holiday
Florida Housing Market: Inventory Up, Prices Moderating
Florida’s real estate market is experiencing a notable shift. According to the latest data from Florida Realtors®, the Sunshine State is seeing a rise in housing inventory while median sales prices are moderating compared to the previous year. This marks a significant change from the red-hot market conditions that have prevailed in recent years. A… Continue reading Florida Housing Market: Inventory Up, Prices Moderating
