Category: Live South Florida Realty, Inc

Did you know? In a recent Federal Reserve Survey of Consumer Finances (in 2016), a blockbuster statistic was revealed. The median net worth of homeowners was $231,400. Renters had a net worth of just $5,000. Needless to say, achieving “The American Dream” of home ownership is a critical component of wealth accumulation. Of course, these… Continue reading Is home ownership becoming out of reach for some?

The COVID-19 pandemic has impacted all aspects of our lives. With this said, we have certainly seen an impact on real estate as well. While the real estate market continues to be one of the bright spots in our economy, it continues to evolve. The focus of this article is to highlight some home upgrades… Continue reading Common home upgrades during the COVID-19 era

In recent years, wood-look ceramic or porcelain tile flooring has gained in popularity. If you spend a day looking at multiple properties for sale, chances are that you will encounter this type of flooring. Of course, natural wood and laminate wood flooring is still very popular as well. Below, we will highlight some pros &… Continue reading Wood-look tile: Pros & cons

In South Florida, metal roofs have become quite popular. Originally seen mostly in commercial real estate applications, they are now quite common in residential homes. Oftentimes, properties with metal roofs are referred to as “Key West style” homes. Whether you are purchasing an existing home with a metal roof, building a new home, or thinking… Continue reading Pros and cons of a metal roof

After stalling in the first few weeks of the pandemic, U.S. home sales have surged in recent months to the highest level in more than a decade. The strength in housing has been driven by ultra-low mortgage rates, fierce competition for a chronically low inventory of properties on the market and a wave of millennials… Continue reading Real Estate: Where we are & where we are going

Congratulations! Your home search efforts have finally paid off and you have an executed contract to purchase a home! Now what do you need to do? For starters, hopefully you are being represented by a knowledgeable real estate agent. He or she will certainly be able to guide you along the way, giving you recommendations… Continue reading I’m under contract to buy a house. Now what?

Homes in South Florida are selling quickly right now. This may even be an understatement in the current market. With this said, an outdated home can still become a stale listing even in the strongest of real estate markets. As a seller, you always want to give yourself the best chance to sell quickly at… Continue reading 3 Renovations that may sell your home faster

In yesterday’s post we discussed various ways for a seller to handle a multiple offer situation on their property. In today’s article, we look at the other side of the transaction. As we all know, the current real estate market has the following dynamics contributing to increased competition for buyers: Extremely low inventory of homes… Continue reading A buyer’s guide to multiple offers

As you probably are already aware, the current real estate market is extremely competitive with many buyers dealing with a tight inventory of homes for sale. Therefore, we have seen a rise in multiple offers being presented on properties for sale. In many cases, this is even resulting in bidding wars. While this is welcomed… Continue reading A seller’s guide to multiple offers