What are the most desired features in a kitchen?

The kitchen is arguably the most important room of any house. With this said, the current pandemic has forced many homeowners to spend considerable more time at home. Thus, this has led to many renovations and as expected, this has led to many kitchens being overhauled. The overall trend in housing during the pandemic has… Continue reading What are the most desired features in a kitchen?

What is the future of the 1031 exchange?

In yesterday’s article, we defined capital gains and the Section 1031 exchange. In addition, we also provided an overview of the various steps in a 1031 exchange. In this article, we will discuss what the future of the 1031 exchange may look like under a new administration so that you may plan accordingly. Prior to… Continue reading What is the future of the 1031 exchange?

What is a 1031 exchange?

Before defining a 1031 exchange, we must first address capital gains. A capital gain is an economic concept defined as the profit earned on the sale of an asset which has increased in value over the holding period. An asset may include tangible property such as real estate, a car, a business, or intangible property such as shares. Typically,… Continue reading What is a 1031 exchange?

Should I sell my home now or wait for the spring?

This is a common question that we receive during this time of the year. Although it is true that more buyers enter the housing market during the spring months, these times are unique to most years. You do not have to look far to find articles highlighting how strong the real estate market has been… Continue reading Should I sell my home now or wait for the spring?

What to consider when buying waterfront property in South Florida

In real estate, it is all about location, location, location. This could not be any more true than when it comes to waterfront property in South Florida. In particular, salt waterfront properties represent a simple supply and demand scenario. Simply put, you can not make any more salt waterfront property in South Florida. With the… Continue reading What to consider when buying waterfront property in South Florida

What states are Americans fleeing the fastest?

High cost of living, high taxes, cold climates, and now government shutdowns resulting from the pandemic have all been reasons why Americans are fleeing certain states across the country. Which states are Americans fleeing the fastest? Where are they going? United Van Lines recently published their 44th Annual National Migration Study. United Van Lines based… Continue reading What states are Americans fleeing the fastest?

Housing stimulus: What can renters and landlords expect?

As you may know, the government recently approved a second stimulus package for Americans. Included in this package is $25B earmarked for rental assistance to benefit those that have been financially impacted by the COVID-19 pandemic. It is estimated that the state of Florida will likely receive $1.4B of this stimulus. While this is likely… Continue reading Housing stimulus: What can renters and landlords expect?