Category: Live South Florida Realty, Inc

The kitchen is the center piece of any home. It is where everyone tends to gather when entertaining or cooking and therefore is oftentimes looked upon as the most important room of a home. In recent years, there has been a significant spike in the number of kitchen designs transitioning to all white cabinetry and… Continue reading The future of all white kitchens and other trends

Various parts of the country have dealt with a higher than normal amount of natural disasters in recent years. Whether it is destructive hurricanes along the Atlantic and Gulf coasts or devastating wildfires in California, the real estate market may be reacting. For example, homes in high-risk flood areas appreciated about 5% less than homes… Continue reading Natural disasters and home prices

The current housing landscape has seen many homeowners opting to remodel their current homes to accommodate their changing home life needs. With many prospective buyers frustrated by the lack of housing inventory, remodeling has been on the rise. With this said, this will also only increase their chances of a quick sale at the appropriate… Continue reading Remodel = re-insure…

Did you know? Since the third quarter of 2019, U.S. homeowners with a mortgage have seen their home equity increase by $17,000 on average. This is equivalent to 10.8% year over year, according to a new report by CoreLogic. Homes with a mortgage comprise approximately 63% of all properties. Negative equity decreasing Negative equity is… Continue reading 17,000 reasons to own a home

With the real estate market going on a tear in 2020, this is a common question being asked by clients. It is important to note that nobody truly knows what the next year or two will bring for the real estate market. In addition, the biggest wild cards in the equation will be how well… Continue reading “Should I wait for prices to come down before buying a home?”

There is no doubt that life as we know has changed dramatically in 2020! Whether it is working from home or virtual schooling, these changes have had an impact on home design and preferences. Although cleanliness and personal hygiene should have always been on top of mind, they are certainly a primary consideration for everyone… Continue reading Pandemic home design changes that are here to stay…

Although most home buyers are not thinking about reselling the home that they are considering purchasing, it should be factored into the home buying equation. After all, a home purchase is an investment. Therefore, you should always consider the potential appreciation of any property. For most Americans, a home purchase is the single greatest investment… Continue reading Signs that a home will have good resale value

This is one of the most common questions that we receive from clients. The short answer in the current market with extremely tight inventory is: Anytime! Of course, there are many factors that play into how to optimize the timing of a home sale. Given the current historically low mortgage interest rates, this also makes… Continue reading When is the best time to sell a house?

At a time when many Americans are dealing with pandemic-induced financial hardships, the demand for second homes has skyrocketed 100% from a year ago. As a matter of fact, this is the fourth triple-digit increase in the last five months. While the demand for primary homes has increased by 50%, the demand for second homes… Continue reading Demand for second homes is up 100% year-over-year

The National Association of Realtors (NAR) recently released their quarterly report and the common theme throughout the country was rising home prices. As a matter of fact, every metro area tracked by the NAR across the country saw home prices increase year-over-year.  In fact, 65% of metros saw double-digit price growth since last year, compared… Continue reading Home affordability being impacted by rising real estate prices