Category: Live South Florida Realty, Inc

The Florida Homestead Exemption is a property tax break that can save homeowners thousands of dollars each year. The exemption is available to homeowners who make Florida their permanent residence. To qualify, you must own the property on January 1st of the tax year and live in the home for at least 12 months of… Continue reading Don’t Compromise Your Homestead Exemption!

There is no doubt that housing has become significantly more expensive over the past several years. Not only has this impacted home buyers, but it has also impacted renters as well. As such, the Biden-Harris administration released a Blueprint for a Renters Bill of Rights on January 25, 2023. The blueprint outlines five key principles… Continue reading A Blueprint For A Renters Bill Of Rights

It is no secret that there has been a housing shortage for several years now. In fact, even though mortgage rates have risen dramatically, leading to significantly less home buyer demand, we are still seeing home prices hold steady throughout much of the country. In South Florida particularly, the persistent housing shortage combined with the… Continue reading The Housing Shortage

Most of us look forward to the spring season as the weather warms up and various flowers begin to bloom. Of course, this also marks the peak time of the year for flash flooding in the U.S. According to the National Oceanic and Atmospheric Administration (NOAA), 75% of flash floods happen between late April and mid-September.… Continue reading Flood Insurance Myths

There are approximately 50 million rental housing units in the United States. Of these, about 41% are owned by individual investors (often referred to as “mom and pop investors”). Essentially, these individual investors are running a small business while sacrificing and investing in an income-producing property. Needless to say, one delinquent tenant or “professional tenant”,… Continue reading New Rules For Renters With Criminal History

As we have documented consistently on this blog, South Florida continues to be arguably the most popular destination in the country for people looking to improve their living conditions. With this said, we are beginning to see an issue with land scarcity throughout our region. As a result, we are seeing a stark drop in… Continue reading Land Scarcity In South Florida

Property taxes are a major source of revenue for local governments in the United States. In 2022, the average property tax rate in the U.S. dropped to 0.83% from 0.86% in the year prior. However, property tax rates vary widely from state to state. The highest property tax rates are in New Jersey, where the… Continue reading Property Taxes In The U.S.

A Happy & Blessed Easter from all of us at Live South Florida Realty, Inc.!

For the first time since 1957, Florida was the fastest growing state in the U.S. in 2022. In fact, the state’s population grew by 1.9%, adding more than 400,000 people last year. For those of us that are native Floridians, this should not come as a surprise at all since we have known about our… Continue reading The Fastest Growing State

To all those who celebrate, we’d like to wish you a Happy first day of Passover from Live South Florida Realty, Inc.!