Category: Live South Florida Realty, Inc

Housing prices have been rising dramatically for the past several years. This has led to many consumers believing that we may be in a a housing bubble. In fact, a recent survey found that 77% of home buyers and sellers believe their local market is experiencing a housing bubble. What is a housing bubble? Like… Continue reading More consumers believe we’re in a housing bubble

The kitchen has been known as the focal point of many homes for quite some time. With people spending more time at home throughout the pandemic, the importance of the kitchen has become even more pronounced. In fact, the kitchen counter or table has even doubled as a work desk during business hours for many… Continue reading Kitchen trends for 2022

If you have ever purchased a home, then you are likely familiar with the term “escrow”. For first-time home buyers this term can be confusing as it may have several different meanings. In a real estate transaction, escrow monies are held in an escrow account. In a home purchase contract this is often referred to… Continue reading What is escrow in real estate?

Whether it is the tropical climate, bright sunshine, beautiful beaches, lack of a state income tax, or simply freedom, more Americans are moving to The Sunshine State. In fact, a recent analysis showed that Florida has 4 out of the top 10 metros for out-of-state buyers. Interestingly, Miami, Cape Coral, and North Port actually had… Continue reading Moving to Florida

Read any real estate article these days and chances are that it will discuss how low the inventory of homes for sale is. While this continues to present challenges for buyers, there have been some signs of improvement. In fact, sales of the most affordable homes in the U.S. rose 11.3% year over year in… Continue reading Affordable housing inventory is improving

When making important financial decisions, it is critical to work with a professional intermediary that you can trust. Whether it is buying a home, obtaining financial advising, or purchasing insurance, having a trusted intermediary is extremely important. Agentero, a digital insurance network, recently conducted a survey looking at public perception of individual intermediaries. This survey… Continue reading Can I trust a Realtor®?

It turns out that South Florida may not only be a top destination for Americans after all. In fact, the Miami, FL market actually led the world with regard to luxury price increases in 2021. According to Knight Frank’s Prime Global Cities Index, The Magic City came in at the top spot out of the… Continue reading Miami: The top luxury real estate market in price growth

We are approaching a third year into the pandemic and it is safe to say that life and the way business is conducted has changed forever. In addition, we are certainly seeing the pandemic impact real estate trends as well. As for The Sunshine State, it is also safe to say that it is no… Continue reading Trends impacting Florida real estate

With home prices continuing to rise and mortgage rates following the same path, it appears that some buyers are not waiting for the spring to enter the market. Although the increase in home price appreciation appeared to slow down during the fall months, they are beginning to once again move higher. As a matter of… Continue reading Is the spring buying season here early?

Did you know? The 2021 housing market was the most lucrative and competitive ever recorded in U.S. history. In fact, home prices soared nearly 20%. This yearly increase even exceeded the 14% rise observed just prior to the housing collapse of 2008. More millennials entering the housing market has resulted in a record-level of competition… Continue reading Millennials and real estate in 2022