Category: Live South Florida Realty, Inc

Congratulations! Your home is under contract and the buyer’s lender has now ordered an appraisal of the property. Needless to say, the property will need to appraise for the sales contract amount in order for the loan to be approved by the lender. As a seller, it is important that you are aware of what… Continue reading What to expect in the home appraisal process

A few months ago, we wrote an article highlighting the deals that could be had in big cities, particularly in the multi-family sector. The reason for this was because over the past 10+ months, we have seen an exodus from big city living in favor of suburban living. In places such as New York, San… Continue reading Moving back to city living?

One of the biggest changes seen in the past year for real estate has been the increased amount of home buying sight unseen. Due to the various limitations and closures caused by the pandemic, many more Americans have opted to buy a home without ever stepping inside it. In many cases, these purchases have even… Continue reading Tips for buying a home sight unseen

The year 2020 was unlike any other year. As has been well chronicled, the pandemic changed the way the world operates. With regards to real estate, it even changed how we live at home and what we look for in a home. Recently, the “America at Home Study” of nearly 4,000 respondents was conducted in… Continue reading Top home life changes of 2020

Did you know? The number of U.S. homes for sale reached an all-time low in December. Although buyers remained active in the market, the overall number of homes listed for sale dipped below 700,000. In Florida alone, the drop in 4 metropolitan markets ranged from 20% – 50%. The shortage of homes for sale has… Continue reading Housing inventory hits an all-time low

For most people, a home purchase is the single biggest investment that they will make in their lifetime. With this said, the majority of home buyers will be obtaining a mortgage in order to purchase the property. If this is the case, then the lender will typically order an appraisal as part of the financing… Continue reading Should I get an appraisal for the home I’m buying?

Although the real estate market has been performing remarkably well during the past year, a once soaring economy was stopped in its tracks due to the pandemic. With two approved vaccines on the market, there seems to be hope that the economy will soon recover. When and just how quickly remains to be determined though.… Continue reading How long will an economic rebound take?

To say that we saw a lot of movement in the real estate market during 2020 would be an understatement. With a focus on additional space for home office, home gyms, and social distancing in general, we saw an increased demand for single-family homes in suburban areas and even some migration to other states altogether.… Continue reading A migration to warm cities

Perhaps you are planning on buying a home in 2021. Whether it is a first home, a larger home, or even an investment property, all signs point to a continued tight inventory. Needless to say, it should be a seller’s market for some time as well. However, this does not mean that you can not… Continue reading Buying a home in a seller’s market

As has been documented here and on other sites, the 2020 housing market was incredibly strong. With this said, many renters opted to purchase a home last year as well. With many Americans adjusting to life during a pandemic, we saw many people moving to suburban areas and away from big cities. Of course, many… Continue reading Rental market forecast for 2021