Category: Live South Florida Realty, Inc

Congratulations! You are officially a homeowner! Becoming a homeowner in the current ultra-competitive market is no easy task either. For most Americans, a home purchase is likely the biggest purchase of their lifetime. In addition, the data shows that Americans that own homes build significantly more wealth than those that never own a home. Of… Continue reading Home Maintenance Tips for New Homeowners

A common theme these days seems to be how the cost of everything is going up. With a persistently tight inventory of homes for sale combined with rising mortgage interest rates, we have seen the competition for rental housing skyrocket. Needless to say, this has driven up rental prices substantially over the past year. Recently,… Continue reading Florida Metros Lead the Nation For Rental Price Increases

Generation Z, also known as “Zoomers”, is the demographic cohort succeeding the Millennials and preceding Generation Alpha. Typically, Generation Z is thought to be the children of Generation X parents. This group was typically born in the mid to late 1990’s through the 2010’s. Although Milliennials garner most of the attention in the real estate… Continue reading Generation Z: The Next Force in Real Estate

Anyone that has attempted to purchase a home in the past several years has likely encountered a bidding war resulting in submitting a highest and best offer for the property. However, a lesser discussed phenomenon is that highest and best offers are also increasingly common in the rental market. In fact, throughout many metropolitan markets,… Continue reading Highest and Best Offer for Rentals?

More Americans are flocking to Florida than ever before. In particular, more New Yorkers and Californians are migrating to The Sunshine State than ever before. These two states alone have collectively represented approximately 20% of all inbound moves to Florida as of early 2022. Perhaps the best surrogate marker for this increase in population are… Continue reading More Americans Are Moving To Florida

Whether you are buying or selling a home, the importance of recently sold comparable (a.k.a. – “comps”) properties can not be overstated. When working with a real estate agent, a report of comps is typically referred to a Comparative Market Analysis (CMA). Of course, a CMA is critical to a seller to ensure that the… Continue reading The Importance of “Comps” in Real Estate

Home prices have shown no signs of slowing down for the first half of this year. However, we have already begun seeing buyer demand begin to dissipate as mortgage interest rates continue their climb. According to a recent National Association of REALTORS® report, pending home sales fell for the sixth consecutive month in April. Needless… Continue reading More Home Listing Prices Are Dropping

June 1st marks the official start of the Atlantic hurricane season & it appears as though there is no time being wasted in the Gulf of Mexico. At the moment, we already have an area in the southern Gulf of Mexico that now has a high chance of developing into at least a tropical depression… Continue reading Hurricane Season Is Upon Us

With the record number of Americans relocating to South Florida, this is a great time to own rental properties. The demand for rentals throughout our area is currently as strong as ever. In fact, we are also seeing frustrated would-be home buyers re-entering or staying in the rental market due to getting outbid for homes… Continue reading Tips For Becoming A Successful Landlord

All gave some, some gave all. Today and everyday, we thank all of our brave service men and women that served our great country. Happy Memorial Day from Live South Florida Realty, Inc.!