Cash is king in South Florida real estate!

Did you know? Nationally, cash buyers have accounted for approximately 1/3 of all home sales in 2021 thus far. This is actually the largest share of cash buyers for homes since 2014. With this said, The Sunshine State has an even higher percentage of all cash sales than the national average. In fact, the leading… Continue reading Cash is king in South Florida real estate!

Should you pay off your property mortgage insurance?

Property mortgage insurance (PMI) is a tool offered by lenders that allows home buyers to purchase a home with a lower down payment than the traditional 20% required. This type of insurance is designed to protect your mortgage lender in case you default on the loan. Typically, a homeowner who must purchase PMI is required… Continue reading Should you pay off your property mortgage insurance?

Could new home sales be an indicator of a normalizing housing market?

Home sales and prices have been on a tear for over the past year. With mortgage rates at historically low levels, many more buyers have entered the market to compete for an all-time low inventory of homes for sale. However, one indicator of the overall market may be new home sales. According to data released… Continue reading Could new home sales be an indicator of a normalizing housing market?

Summertime tips for cooling down your home

There is no doubt that summertime temperatures are here in South Florida. The extreme temperatures likely have your home’s air conditioning system working overtime to maintain a cool climate. Needless to say, you can expect some fairly high electric bills during these months as you try to keep your house cool. Below we will share… Continue reading Summertime tips for cooling down your home

The vacation home market is benefiting from the pandemic migration shift

As you look across the economy, you will see various sectors and technologies benefiting from shifts due to the pandemic. In real estate, we are seeing various sectors of the market benefiting as well. In particular, the vacation home market has been outpacing the overall housing market. According to the 2021 Vacation Homes County Report… Continue reading The vacation home market is benefiting from the pandemic migration shift

Landlord tips: How to handle tenants with pets

If you are a landlord renting out property to tenants, it is important to lay out specific criteria in your lease agreement that should be met by any tenant. One common example involves whether or not to allow pets. Of course, allowing tenants to have pets opens up your property to many more potential applicants… Continue reading Landlord tips: How to handle tenants with pets

Home inventory, sales, & prices all up in June

Some are calling June 2021 the perfect trifecta for the housing market. The month of June is typically the strongest month of the year for home sales and this year was no different. A recent report tracking 53 metro areas across the country indicated strong growth in all areas. In fact, homes sales in June… Continue reading Home inventory, sales, & prices all up in June

Should you convert your attic space?

Unlike in other states, homes in Florida do not typically have basements. However, some do have fairly large attic spaces. In most cases, these spaces are used to store items such as boxes of photos, clothing, books, and holiday decorations. Of course, the desire for additional space has led many to remodel their attics to… Continue reading Should you convert your attic space?

Outdoor features that sell a home quickly

A common theme since the start of the pandemic has been an insatiable appetite for outdoor activities for most people. In fact, sales of everything for the outdoors from bicycles to paddle boards and boats have risen dramatically over the past 18 months or so. When it comes to home sales, the increased demand for… Continue reading Outdoor features that sell a home quickly