The CDC has extended the eviction moratorium for the “final” time

The CARES Act eviction moratorium began on March 27, 2020, and ended on July 24, 2020. Covered tenants could not be forced to vacate, and landlords could not file notices to vacate, until 30 days after theexpiration of the moratorium (August 23, 2020). After this, the CDC eviction moratorium took effect on September 4, 2020,… Continue reading The CDC has extended the eviction moratorium for the “final” time

Single-family home rents are setting price gain records

It seems as though all the talk surrounding the real estate market these days pertains to rising home prices and a lack of inventory. While this focus is for good reason, the rental market also continues to experience robust growth and its own inventory challenges in certain areas. In particular, the detached, single-family home rental… Continue reading Single-family home rents are setting price gain records

When is the right time to move to a larger home?

In the U.S., homeowners own their home for an average of 8.05 years before selling. With this said, the average American moves once every five years. (Of course, many homeowners that decide to move may still own a home and rent it for some time.). Many homeowners spend considerable time thinking about whether to move… Continue reading When is the right time to move to a larger home?

Housing inventory may be improving…

Perhaps the biggest frustration for home buyers in the current real estate market has been the lack of homes for sale. Needless to say, this has caused prices to increase at a faster pace than normal while making the competition for homes more intense than ever. In particular, first-time home buyers and other buyers obtaining… Continue reading Housing inventory may be improving…

The Florida economy is poised for continued growth

When many people think about the state of Florida, they typically think of beautiful beaches, vacation destinations, & retirees. While these are all accurate descriptors for The Sunshine State, they are many more factors that make this wonderful state one of the top destinations in the country for people of all ages. Did you know?… Continue reading The Florida economy is poised for continued growth

Unsuccessful home buyers are driving rental prices higher

Did you know? On average, rental prices have increased almost 4% in South Florida in the past year. This equates to double the increase from the prior year. Moving forward, many economists are predicting that rents will rise 2.5% to 3.5% in the coming year. Not surprisingly, the increased amount of Americans relocating to South… Continue reading Unsuccessful home buyers are driving rental prices higher

A return to normal? Economic and housing market predictions

Real estate has been one of the few bright spots in the economy during the pandemic. As the nation continues on it’s post-pandemic rebound, many real estate experts and economists believe that the housing bull market will continue. Of course, most would agree that the pace of real estate price appreciation will decelerate to some… Continue reading A return to normal? Economic and housing market predictions

Maintenance tasks to complete before selling a home

The general consensus is that any home listed for sale in South Florida right now will sell quickly. While this may be the case for most homes, a poorly maintained home may significantly lower the sale price. Therefore, it is important that attention to detail is employed when it comes to the maintenance of a… Continue reading Maintenance tasks to complete before selling a home