Pros And Cons Of Adding An In-Law Suite

Is adding an in-law suite the right approach for you?

Did you know? From 1971 to 2021 the number of people living in multi-generational households has quadrupled. Why such an increase? For starters, we have an aging population that has also been considered to be higher risk with the recent COVID-19 pandemic. With many families seeing the horror of nursing home residents passing away due… Continue reading Pros And Cons Of Adding An In-Law Suite

How Do I Appeal My Property Tax Assessment?

In order to appeal your property taxes, you must be sure to follow these steps.

Good news/Bad News: The good news is that if you have been a homeowner for at least several years, you likely have seen your home’s value skyrocket. The bad news is that you may have also seen your property taxes rise as well. In most cases, an increase in tax assessment should not come as… Continue reading How Do I Appeal My Property Tax Assessment?

The Top Misconceptions In The Real Estate Market

The current transitioning real estate market can lead to some common misconceptions.

As we approach the holidays, many Americans will likely attend various cocktail parties and other social events. As is common, the topic of real estate and home prices will likely be discussed. With this said, there is typically no shortage of opinions out there regarding real estate, real estate investing, and the overall future of… Continue reading The Top Misconceptions In The Real Estate Market

What To Consider Before Starting Your Home Addition

With higher home prices and rising interest rates, more homeowners are opting to renovate.

Given the high home prices, rising mortgage interest rates, and lack of inventory of homes for sale, many homeowners have opted to embark on a home addition or remodel instead. Although out-of-control inflation has led to significant price increases for materials, many homeowners are choosing to remain in place and take on a construction project.… Continue reading What To Consider Before Starting Your Home Addition

Is Land For Housing Becoming Scarce?

There is an increased demand for home building but a lack of available land.

As has been well chronicled over the past few years, the lack of inventory of homes for sale has provided significant headwinds for home buyers in recent history. In addition to limiting the options of homes for these buyers, it has also led to persistently high and rising prices. Needless to say, a lot of… Continue reading Is Land For Housing Becoming Scarce?

More Equity-Rich Homeowners In Florida

A larger proportion of Florida homeowners are equity-rich.

Home ownership is one of the best ways for Americans to build wealth. In a sense, owning a home is like having a forced savings mechanism that should build as your home appreciates. Three common ways that home ownership can build wealth are as follows: 2 of 3 Florida mortgage holders have 50%+ equity Roughly… Continue reading More Equity-Rich Homeowners In Florida

Florida Rental Prices Are On The Rise

The South Florida rental market should remain strong in 2023.

The current environment of high inflation and economic uncertainty is prompting many renters to stay put across the country. In most markets, this is leading to a stabilization or even a slight decrease in rental prices. Of course, not all markets are created equal. Like with most things in real estate, The Sunshine State is… Continue reading Florida Rental Prices Are On The Rise