To say that this real estate market is competitive would be an understatement. Fewer listings, rising home prices, and more buyers entering the market is causing bidding wars in many instances. Many of these home buyers are entering the market for the first time. According to the National Association of Realtors® (NAR), the share of… Continue reading More buyers are purchasing homes online
Category: Live South Florida Realty, Inc
Could South Florida become the next Wall Street?
Kelly Smallridge is the President of Palm Beach County’s Business Development Board. Eight years ago she launched an initiative to make Palm Beach the “Wall Street of the south”. Now with the pandemic forcing many employers to shift to remote operations, this is becoming a reality. The COVID-19 pandemic has shown many organizations and employees… Continue reading Could South Florida become the next Wall Street?
What does $300,000 buy you in Florida?
If there is one real estate lesson that was learned during the pandemic, it is that many remote workers have realized that they are not tied to a specific location. Many employers are realizing that they can be equally productive while cutting down costs simply by allowing their employees to work remotely. This has resulted… Continue reading What does $300,000 buy you in Florida?
The “Cloffice”. A new room in real estate
Introducing the “cloffice”. This is the room formerly known as a closet that is now being converted to an office. With the pandemic forcing more people to either work or attend school from home, many Americans are modifying their current living environments to adapt. For many, the living room table or kitchen counter served as… Continue reading The “Cloffice”. A new room in real estate
Florida home sales finished higher in 2020
Despite an unprecedented pandemic that resulted in substantial economic challenges throughout the country, Florida’s real estate market finished 2020 with more sales, higher median sale prices and more pending inventory compared to the year before. Needless to say, due to the various lockdowns caused by the pandemic, the home has become an even more important… Continue reading Florida home sales finished higher in 2020
Renting out a home: things to consider
You’ve decided to become a landlord. Perhaps you have moved to a bigger home and will be renting out your prior property? Or perhaps you have purchased a property with the intention of renting it out. There are many critical steps to consider in order to achieve success as a landlord. We discuss a few… Continue reading Renting out a home: things to consider
How to decide on the ideal home size
For most Americans, buying a home is the biggest investment of their lifetime. Once the decision has been made to purchase a home, there are many critical factors to consider. Needless to say, one of the most important factors involves home size to meet the needs and lifestyle of your family. Of course, factoring for… Continue reading How to decide on the ideal home size
A great time to sell your home!
Did you know? In 2020, over one-third (34%) of Florida single-family home sellers cashed out and received their original list price or more. Interestingly, in November and December approximately 40% of sellers sold their homes at their original listing price or higher. For perspective, between 2015 – 2019 this was true for about 26% of… Continue reading A great time to sell your home!
Eviction moratorium’s impact on landlords
Did you know? About one-third of all Americans, roughly 107 million people, are renters. Nearly 40 million have been protected by some form of an eviction moratorium since the onset of the COVID-19 pandemic. Throughout the pandemic, an eviction moratorium has been in place to assist renters that have been facing economic challenges due to the… Continue reading Eviction moratorium’s impact on landlords
Not many foreclosures… Yet…
It is no secret that the current pandemic has created significant financial obstacles for many Americans. Job losses and/or reduced wages continue to be a common byproduct of the current environment. Therefore, one would expect the foreclosure market to react accordingly. However, the CARES Act of 2020 includes a moratorium on evictions as well as… Continue reading Not many foreclosures… Yet…
