I Don’t Like My Neighbor

Most Americans have a neighbor that they don't like.

As everyone knows, we can’t always pick our neighbors (unless we own the neighboring properties). If you do not like one or several of your neighbors, you are not alone. In fact, 73% of Americans do not like one of their neighbors. On the slip side, 74% of Americans are friends with at least one… Continue reading I Don’t Like My Neighbor

The Most Overvalued Rental Markets

Are some rental housing markets becoming overvalued?

In yesterday’s article titled Is the Housing Market Overvalued? we discussed where home prices may be more at risk of a slight price correction. In this article, we will discuss the findings from a recent analysis of rental prices conducted by the Florida Atlantic University Real Estate Initiative and Florida Gulf Coast University’s Lucas Institute… Continue reading The Most Overvalued Rental Markets

Is the Housing Market Overvalued?

Are home prices slightly inflated right now?

Two years ago we were in the midst of national lockdowns due to a novel virus spreading across the globe. As for the real estate market, many states had banned in person showings and many sellers were not comfortable with anyone entering their homes. The universal thought was that the housing market was about to… Continue reading Is the Housing Market Overvalued?

The Best and Worst States for Retirement in 2022

The top 10 best states to retire in. The top state may not surprise you.

Choosing a retirement destination requires a careful analysis of various items such as affordability, access to heath care, quality of life, and social factors. Recently, RetirementLiving.com gathered and analyzed the most critical data to retirees in all 50 states. This data included housing costs, state taxes, availability of health care, and various quality of living… Continue reading The Best and Worst States for Retirement in 2022

More Wealthy People = A Growing Luxury Real Estate Market

With wealth on the rise, luxury housing is changing.

The rich have certainly gotten richer according to the latest data. In fact, the world’s affluent population defined as those making $5 million + incomes grew by 19.8% in 2021. In the U.S. alone, this figure rose by 24.8%. Overall, stock market gains, rising home equity, increased savings and the cryptocurrency boom have all contributed… Continue reading More Wealthy People = A Growing Luxury Real Estate Market

Is Aging In Place Contributing to the Lack of Home Inventory?

Does aging in place result in more housing inventory challenges?

There are approximately 76 million baby boomers (aged 56 – 76 years old) in the U.S. Furthermore, this demographic has owned the largest amount of real estate wealth in the country since 2001. Fortunately, baby boomers are living longer and are healthier than previous generations and it’s enabling them to stay longer in their homes.… Continue reading Is Aging In Place Contributing to the Lack of Home Inventory?

Record Rental Prices in South Florida

South Florida rental prices have grown at the highest pace in the country.

For renters, the demand for affordable housing continues to be an issue throughout the country. Perhaps there is no better example than right here in South Florida. With home prices skyrocketing in recent years, we have also seen the same trend in the rental market. Not surprisingly, as investors pay more for their properties, they… Continue reading Record Rental Prices in South Florida

Home Prices Have Tripled Since 2000 in These U.S. Cities

A tripling of some home prices over the past 20 years

A low inventory of homes for sale, low mortgage interest rates, and a pandemic forcing many Americans to look for more space are just a few of the key drivers of the real estate market over the past few years. In fact, home prices have risen an average of 20% over the past year alone.… Continue reading Home Prices Have Tripled Since 2000 in These U.S. Cities