Did you know? In January, 70% of home sales across the country ended up in a bidding war. This is the highest rate of bidding wars ever recorded. Needless to say, the current housing market continues to provide significant challenges for home buyers. Although there are significant headwinds for home buyers overall, there is some… Continue reading What will home prices look like next year?
Category: Live South Florida Realty, Inc
Fun facts about Florida
With the popularity of the state of Florida reaching record levels over the past few years, we thought we’d share some fun facts about our favorite state in the country. Did you know? Florida joined the United States of America in 1845 as it’s 27th state. Subsequently, the state of Florida turned 177 years old… Continue reading Fun facts about Florida
Highest & lowest property tax rankings by state
As we have written about in previous articles, the state of Florida has become arguably the most popular destination state for those looking to relocate within the U.S. In addition to the tropical climate, beautiful beaches, and relatively low cost of living, a higher proportion of Americans have even cited “freedom” as a main driver… Continue reading Highest & lowest property tax rankings by state
What is a stigmatized property?
A stigmatized property is real estate that has been impacted by an event that occurred or was suspected to have occurred there. Although these events oftentimes do not impact the physical state of the property, they can impact property values. With this said, these properties may provide an opportunity for buyers to obtain a great deal.… Continue reading What is a stigmatized property?
Home building materials are evolving
It is no secret that building material costs have skyrocketed in recent years. To add to these challenges, supply-chain issues have made it even more difficult to obtain these materials. Needless to say, this has led to substantially longer home building timelines while also driving up prices dramatically. With home inventories at record lows across… Continue reading Home building materials are evolving
Luxury real estate trends
Throughout the pandemic, we have seen many Americans relocating to larger homes even in other states. In South Florida particularly, we have seen an influx of luxury home buyers looking for more space, a better climate, a lower tax burden, and even freedom. Looking back at 2021, it is safe to say that it was… Continue reading Luxury real estate trends
The impact of the Russian-Ukraine war on housing
The stories and images coming from Russia’s invasion of Ukraine are sad, disturbing, and angering. First and foremost, we pray for peace in what has been described as the largest military operation in Europe since World War II. With this said, these events have led to several sanctions against Russia by various countries. Naturally, many… Continue reading The impact of the Russian-Ukraine war on housing
How to choose the right refrigerator
Like many appliances in the current economy, certain refrigerators may be difficult to obtain. Speak to most new home builders and you will hear plenty of examples of appliances even taking months to be delivered for new homes. If you are a homeowner looking to install or replace a refrigerator, there are several factors that… Continue reading How to choose the right refrigerator
The most tax-friendly states
A tropical climate, beautiful beaches, and even freedom (as of late) are several reasons many Americans have been drawn to The Sunshine State. However, various cost of living parameters have also been quite an attraction to Americans opting to move south. Recently, MoneyGeek performed an analysis ranking every state by how “tax-friendly” it is. The… Continue reading The most tax-friendly states
The true costs of home ownership
Home ownership is truly The American Dream. However, it is important that new home owners are fully aware of what to expect with home ownership. A recent survey called Hidden Costs, Buyer’s Remorse: The True Cost of Homeownership interviewed 1,000 homeowners. Interestingly, 52% of survey respondents admitted that the true cost of home ownership surprised… Continue reading The true costs of home ownership
