Purchase prices are not the only thing rising in the real estate market these days. With a rise in prices of virtually everything due to inflationary pressures, rental prices across all big U.S. cities have also risen significantly. According to a recent analysis by Yardi, apartment rents were up in August from a year earlier… Continue reading Rents are rising
Category: Live South Florida Realty, Inc
More homeowners are equity rich
Did you know? A recent study called the “U.S. Home Equity & Underwater Report” released by ATTOM indicates that 34.4% of mortgaged residential properties in the U.S. were considered equity-rich in Q2 2021. What this means is that the combined estimated amount of loans secured by those properties was no more than 50% of their… Continue reading More homeowners are equity rich
Capital gains taxes and real estate
Capital gains taxes are a tax on the money you have made from an investment. When capital assets such as a home or other real estate are sold, your gains become realized. Whenever you sell, it becomes taxable income. Capital gains taxes seem to be receiving a lot of attention these days and for good… Continue reading Capital gains taxes and real estate
Never forget.
Today marks the 20 year anniversary of a tragic day in American history. Today and every day, we pray for all the families impacted by this senseless tragedy and we never forget.
The peak of the Atlantic hurricane season
Did you know? Today, September 10th, marks the official climatological peak of the Atlantic hurricane season. In other words, this is when the conditions are most optimal for tropical storms and hurricanes over the largest area. With this said, this is the time of year when the hurricane basin has had the most hurricanes and… Continue reading The peak of the Atlantic hurricane season
Wall Street South?
It is well established that the Florida economy has been booming for the past 18 months or so. In addition, many Americans have opted to purchase a second home in The Sunshine State, if not move here permanently. Meanwhile, it seems as though some Florida cities have begun exploiting the mismanagement of New York by… Continue reading Wall Street South?
Demand for second homes is softening
In addition to being a top destination for vacationers and retirees, Florida is also one of the top locations for second home purchases. Also known as vacation homes, many Americans look to The Sunshine State to have a getaway at their disposal whenever they need it. During the pandemic, more Americans have decided to purchase… Continue reading Demand for second homes is softening
Happy Labor Day!
Happy Labor Day from Live South Florida Realty, Inc.!
Moving to Florida
Florida has been one of the top vacation destinations in the country for many years. Whether it is the beautiful beaches, tropical climate, or magical theme parks, many seek The Sunshine State to relax and enjoy a bit of paradise. In fact, before the pandemic began Florida recorded an estimated 131 million visitors in 2019… Continue reading Moving to Florida
More inventory, but less buyers
Everything in life is all about timing. The real estate market is no different. It has been well documented just how crazy the real estate market has gotten over the past 18 months or so. Since the start of the pandemic, more buyers have entered the market in search or more space while more sellers… Continue reading More inventory, but less buyers