The Palm Beach Sales Surge
According to a recent survey, sales of Palm Beach homes saw triple-digit increases during the third quarter as the well-to-do left the cities and increased tax states of the Northeast. During the quarter, the mean home price in Palm Beach was over $7 million,...
The Rise of Single Family Homes
It was just a few years ago that condos were the hottest thing in real estate. However, with the pandemic radically changing the way people live their lives, single family homes are now the big-ticket item. In Miami alone, sales for these properties have increased by...
The Sunshine State Remains on Top
Which state came out on top when it comes to interest among foreign buyers? If you guessed Florida, you are correct! It remained the biggest destination for overseas purchasers for the 12th straight year, with a 22 percent share of all international sales. According...
A Worthwhile Alternative to a Fix and Flip
It’s often said that one of the tried, true, and effective ways to invest in real estate is to go with a “fix and flip”. This involves purchasing a home that is in less than stellar condition (i.e.: many foreclosures), fixing it up, making improvements, and “flipping”...
The South Florida Single Family Home Surge
Sales of residential homes in South Florida are showing positive gains, surpassing last year’s closings for the first time since the pandemic began, according to a Miami Herald article. Per data from the Miami Association of Realtors in August, overall home sales in...
Avoid Common Buy and Hold Investing Mistakes
Even seasoned real estate investors can make a rare slip-up, so it’s not something to feel bad about. Investing is a perennial learning process. Know, however, that if you repeatedly replicate these mistakes and don’t glean anything from them, it is certainly a...
South Florida Real Estate Is Blooming
South Florida’s housing market is seeing lots of growth as northern home buyers seek to purchase homes with the added benefit of being able to telecommute. Although it is sellers who have the advantage right now — demand is strong but supply is low — buyers have...
Home Sales in Broward County See Double Gains
Last month, signed contracts in Broward County proved to be greater than its neighbors according to a Miami Herald article as buyers are seeking properties with big city advantages. Recently signed contracts saw double digits increases year-over-year at Broward, a...
Sales of Florida Homes Remain Brisk
Sales of single-family homes and condominiums are seeing considerable rebounds following the shutdowns that complicated spring transactions. Florida’s median home prices also continued its upward streak for a 103rd straight month during July, based on Florida...
Taking the Plunge on a Foreclosure
Foreclosed homes being sold as real-estate owned (REO) by a lender may be purchased at a reasonable price, although there could be some pitfalls. It’s the same scenario for real estate investors that are thinking about purchasing a foreclosure at the courthouse....
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