Category: Live South Florida Realty, Inc

Short-term rentals can be a great investment, particularly in markets such as South Florida. In fact, short-term rentals typically generate about 30% more income annually than long-term rentals. Since the pandemic and subsequent prevalence in virtual workspaces, sites such as VRBO.com and Airbnb.com have grown substantially in popularity. Although owning short-term rental properties can be… Continue reading Top Things to Consider When Investing in Short-Term Rentals

With home prices and mortgage rates rising, this is leading to more potential buyers being priced out of the market. One positive sign for home buyers as we head into the spring buying season is that the number of new listings has risen 8% year-over-year. However, as the number of listings has grown slightly, so… Continue reading A Sign of Real Estate Prices Slowing Down?

It seems as though any discussion about real estate these days is quickly dominated by the lack of inventory of homes for sale. Since the start of the pandemic, more Americans have been on the move in search of more space. So when can we expect the housing inventory of homes for sale to reach… Continue reading When Should Housing Inventories Return to Pre-pandemic Levels?

With fuel prices at all-time highs, more Americans are considering electric vehicles than ever before. Of course, there are many factors to consider prior to making this transition. From the distance range needed for your average daily commute to the type of charger you install in your home, there are various factors to consider. Below… Continue reading Electric Car Charger Installation in the Home: What You Need to Know

A persistently tight inventory of homes for sale continues to frustrate home buyers. With this said, there could be some relief on the horizon. A recent Harris Poll survey conducted in over 2,000 adults showed that more homeowners are considering selling their homes this year. In particular, younger homeowners are considering listing their homes for… Continue reading Is Housing Inventory Relief on the Way?

If you have lived in Florida for any amount of time, then you are well aware of hurricane season. Protruding from the country as if to tease the tropical cyclones, The Sunshine State has unfortunately had more than its fair share of impacts from storms over the years. Technically, Atlantic hurricane season runs from June… Continue reading 2022 Hurricane Season Forecast

A tropical climate, beautiful beaches, and even certain freedoms in recent history have been significant factors that attract many Americans to relocate to The Sunshine State. With this said, an overall lower cost of living has also been a significant driver in the recent population shift. A significant part of this includes the lack of… Continue reading Property Taxes in Florida Metro Cities Rank Lower Than Most

Americans are certainly feeling the impacts of 40-year high inflation. To add to the current financial challenges for many Americans, record-high fuel prices are now adding additional pressures to many households. During financially difficult times like this, it is common for households to analyze their budgets and make the necessary adjustments to cut costs. Naturally,… Continue reading Tips For a Successful Staycation

The U.S. needs about 3 million more homes to catch up with where inventories need to be to meet demand. Needless to say, given the current environment, it will take years to catch up. With many home builders reporting that supply chain constraints are the worst that they have ever seen, we can expect this… Continue reading The New Home Market = Home Price Protection?

A common question that we receive from clients is whether or not it is a good time to lock in a mortgage rate or refinance a mortgage for that matter. With the Federal Reserve indicating in December 2021 that it would be raising short-term interest rates to combat the current 40-year high inflation, we have… Continue reading Should I lock in a mortgage rate now?