Category: Live South Florida Realty, Inc

The past few years has brought a rise in prices for virtually everything, including housing. Naturally, this has led to many questioning whether it is cheaper to rent or buy a home. Recently, ATTOM Data Solutions, released its 2023 Rental Affordability Report which analyzed 222 counties across the country. Unfortunately, we are still seeing affordability… Continue reading Is It Cheaper To Rent?

According to the National Association of Realtors®, existing U.S. home sales totaled 5.03 million last year which was a 17.8% decline from 2021. That is the weakest year for home sales since 2014 and the biggest annual decline since 2008 (which was during the housing crisis of the late 2000’s). Although this has resulted in… Continue reading Where Are Mortgage Rates Today?

On average, Americans retire at the age of 64 (although Americans have been retiring later over the past few decades). Nonetheless, they typically look to move to a location that will make the most of their time and money. Of course, a warm climate that allows for year round activities such as golf, tennis, and… Continue reading Best Places To Retire In The South

If trophies were handed out to states for various accomplishments, The Sunshine State would likely either need a bigger trophy case or a second trophy case. Each week it seems as though Florida leads the way in yet another statistic, particularly when it comes to real estate. To add to this list, a recent analysis… Continue reading Top State For Home Value Increases In 2022

With housing inventories being low around most of the country, many markets are looking to new home construction to help with this shortfall. However, we are also at a time when home buyer activity has decreased substantially in large part due to rising mortgage interest rates. In addition, out-of-control inflation has also made it more… Continue reading States With Most New Homes

As we wrote about in yesterday’s article, Florida was the top destination state for Americans relocating in 2022. To read more about this click here. Of course, this increased demand for housing from transplants moving here from other states is impacting both home purchase and rental prices. Recently, FAU reported an analysis of rental markets… Continue reading Rental Prices In Florida

Property insurance rates for Floridians are high and seem to keep rising. In fact, Florida homeowners pay nearly three times the national average according to a recent analysis by the Insurance Information Institute. In other words, Florida homeowners are paying an average premium of $4,231 for insurance, compared to the U.S. average of $1,544. Needless… Continue reading Property Insurance Costs In Florida

On this day we honor the great Martin Luther King, Jr. with one of his many inspirational quotes.  “Life’s most persistent and urgent question is, ‘What are you doing for others?” -Martin Luther King, Jr.

In recent years, we have seen some powerful and destructive hurricanes hit various parts of the country. As evidenced by last year’s landfall on southwest Florida from Hurricane Ian, the aftermath can be quite destructive and daunting. Needless to say, the level of destruction leads to many residents being displaced as many homes are uninhabitable.… Continue reading Hurricane Impacts On Housing