Home prices clocked their highest year since 2006, amid the global pandemic, or maybe because of it. Per the National Association of Realtors’ monthly survey, the annual rate of current home transactions in December grew to more than six million, seasonally tweaked, up 0.7 percent from November and 22 percent when compared to another year. […]
Back in 2019, the Wall Street Journal published an article detailing how third-party Amazon sellers were using discarded electronics, toys, and books to sell as new to otherwise oblivious customers. Buyers were being encouraged to be extra vigilant regarding these sellers due to Amazon’s limited control. What does this have to do with the real […]
Recent federal legislation places an end to secret shell corporations that are frequently used when high-end real estate is bought. Limited Liability Corporations (LLCs) were mostly used before this year to fund real estate purchases and encourage owners to block their identities from the media and potentially even law enforcement. Domestic and international LLCs doing […]
Although the suburbs of New York, the Hamptons, and Aspen all saw revenues and prices increase in 2020, activity has been feverish in Florida’s Palm Beach County, from Boca Raton to Jupiter. For some of the most frenzied purchasing, the upscale town of Palm Beach, a sliver of an island that is home to billionaires, […]
Based on data from Florida Realtors, South Florida home sales and prices were on the upswing, seeing double-digit growth in November as the area benefited from people growth and reduced interest rates. As the area attracted affluent people from high-tax states, the luxury market was particularly strong. When compared to November of last year, single-family […]
In November, with more than 5,200 properties on the market (44.7 percent less than the same period in 2019), the Northeast Florida residential real estate inventory dropped to its lowest point in 2020. Per a Northeast Florida Association of Realtors news release, the existing inventory means there is a supply of just over a month. […]
According to a recently published report from the U.S. Census Bureau, Florida leads the country for possible evictions or foreclosures. According to a recently published report from the U.S. Census Bureau, Florida leads the country for possible evictions or foreclosures. Close to 52 percent of Florida adults residing in households not actually on rent or […]
With less than two months left until 2021 is here, you might be considering if next year a hard money loan is the best option for your funding needs. Let’s take a look at a few reasons why you might want to entertain going the hard money lending route. The frequently lengthy lending process, which […]
The real estate market in Central Florida typically cools down in the fall and into the holidays, but the signs are pointing to a red hot housing market as the year begins to wind down. Buyers are searching for improved work-from-home and virtual learning setups with greater space inside as well as out, whether local […]
According to a recent report published by the Orlando Regional Realtor Association (ORRA), home prices in the Orlando area saw increases of more than 20 percent when compared to October of last year. A small inventory and reluctant buyers dipping their toes into the market after the start of the pandemic may translate to home […]