Category: Live South Florida Realty, Inc

U.S. News & World Report has released their “Best Places to Retire” report for 2021. Even though The Sunshine State has become more expensive, 8 of the top 10 retirement metros in this survey were in Florida. As in years past, Florida continues to dominate as a retirement destination. We discuss these results below. Top… Continue reading 8 of the top 10 best retirement metros are in Florida

Under the CARES Act, homeowners with conventional, FHA, VA, or USDA loans could request an initial home loan forbearance for up to six months. They could also request a six–month extension, for up to one year of total forbearance. However, these emergency measures are now beginning to expire for many Americans. Not surprisingly, this is… Continue reading U.S. foreclosures on the rise?

Known as The Great Reshuffling, many Americans have opted to move during the pandemic. A big reason for this is the flexibility offered by remote working environments. In efforts to minimize the spread of COVID-19, many companies have adapted to either a fully remote working environment or a hybrid environment that limits the number of… Continue reading Remote working environments should fuel South Florida real estate for years

Seasonal residents in South Florida are affectionately known as snowbirds and are an important part of the economy throughout South Florida. Ask any South Florida resident and they can tell you how many Canadian license plates they typically see during the winter months. Of course, the COVID-19 pandemic has certainly impacted how many of our… Continue reading The impact of the Canadian vaccine mandate on Florida

It is no secret that home prices have skyrocketed over the past 18 months. With this said, affordable housing continues to be the biggest unmet need in the market today. However, the price of rental housing is less often discussed and is certainly a contributing factor as well. Recently, the National Apartment Association (NAA) released… Continue reading What percentage of income do Americans spend on rent?

Did you know that September 28th is National Good Neighbor Day? In fact, Mrs. Becky Mattson from Lakeside, Montana came up with the idea of a national holiday recognizing the importance of good neighbors in 1971. President Jimmy Carter went on to proclaim it as a national holiday in 1978. For those of you that have… Continue reading The most neighborly cities in America

Property mortgage insurance (also referred to as “PMI”), is a type of mortgage insurance you might be required to pay for if you have a conventional loan and your equity is less than 20% of the value of your home. Essentially, it is a protective measure for your lender should you stop paying your mortgage.… Continue reading How to get rid of PMI

Each year towards the end of fall, The Sunshine State sees an influx of seasonal residents call Florida their home for the winter months. Affectionately referred to as snowbirds, this population predominately consists of retirees that come to enjoy the mild Florida winters. Needless to say, many local businesses depend on this increased traffic to… Continue reading Are Florida snowbirds on hold?

For starters, home selling strategies are always going to depend on local market factors. Although the inventory of homes for sale is currently low across the country, your local market could be considerably different. As a rule of thumb when listing a home for sale, sellers should try and make the property look as desirable… Continue reading The case for selling your home As-Is

Perhaps one of the biggest byproducts of the current pandemic has been the popularity of working from home for many Americans. Needless to say, this has resulted in home searches essentially having no boundaries. As a result, many Americans are relocating to less expensive areas that offer more space. Known as “The Great Reshuffling”, many… Continue reading Remote work and moving patterns