Category: Live South Florida Realty, Inc

Did you know? A seriously delinquent home loan is typically defined as a loan that is 90 days or more past due or already in the foreclosure process. According to a recent report from CoreLogic, compared to levels seen this past June, the number of delinquent home loans could double by 2022. While this is… Continue reading Could a wave of foreclosures be coming?

Did you know? August represents the second month of increasing nationwide foot traffic, with home showings for three of the four regions seeing increases in year-over-year activity, according to data from SentriLock®, LLC, a lockbox company. As a matter of fact, August showings were up 20% over this time last year and represents the largest… Continue reading August represents the second monthly consecutive increase in home showings

You have probably already read the headlines touting how low mortgage interest rates are right now. Actually, it seems as though every time you look, rates are dropping even further. This has led many borrowers to refinance their mortgage to lock in these historically low interest rates. In fact, 75% of homeowners – or 19.3… Continue reading Should I refinance my mortgage?

Each year, many northerners migrate to South Florida to enjoy the mild winter climate & its beautiful beaches. Given the COVID-19 pandemic, many believe that this year will see substantially fewer visitors though. If true, this is certainly unfortunate news for a South Florida tourism economy that is already suffering. Although the number of COVID-19… Continue reading Will COVID-19 impact seasonal visitors to South Florida?

Did you know? A recent federal executive order bans all evictions through the end of 2020. This is in response to the economic hardships being felt by many Americans due to the COVID-19 pandemic. Naturally, the intent of this ban to to keep struggling Americans in their homes during these difficult times. While this is… Continue reading The eviction ban impacts more people than just tenants.

It goes without saying that South Florida is home to some of the nicest beaches in the country. This is why so many people choose South Florida to either retire to or own a second home. From the tropical climate and beautiful beaches to the diverse culture with no state income tax, South Florida offers… Continue reading This may be a great time to buy your oceanfront condo!

Emotional support animals (ESA) in real estate has been a controversial topic that has been exploited for many years. With this said, the Florida Legislature recently passed a bill affecting ESA guidance in Florida. The law creates new clarifications for emotional support animals. With this said, it’s important to understand exactly what it does –… Continue reading Emotional Support Animals and Real Estate

Home ownership can be expensive. This is not a new concept. After all, you have probably heard the phrase: “It’s always something with a home.” Although it is a fact that people that own homes achieve more wealth on average, than people who do not, this does not mean that home ownership doesn’t come without… Continue reading The Most Expensive Mistakes You Are Making on Your Home

Did you know? The pandemic sparked an uptick in renters who want a larger home with a yard, and demand for rental single-family homes grew in the 2nd quarter. Needless to say, the COVID-19 pandemic has sparked both buyers & renters to search for properties with more space. With regards to the rental market in… Continue reading Demand Increases for Single-Family Home Rentals

There is now doubt that 2020 has been a strange and challenging year! Of course, this year will be remembered most for the COVID-19 worldwide pandemic. Due to this pandemic, the real estate market could be compared to a wild roller coaster ride. At the start of the pandemic, the real estate market came to… Continue reading How to win bidding wars for real estate in 2020