With less than two months left until the 2021 launch, 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 look into hard money lending. The frequently lengthy lending process, which is often […]
South Florida home sales edge out 2019 for the second consecutive month. They’re still pushing up prices, elevating the median price in Miami-Dade and Broward counties to $425,000 for a single-family home. That number is the highest it’s ever been. Per the Miami Association of Realtors, the overall amount of home purchases was up more […]
While the pandemic hasn’t exactly done the economy many favors, South Florida’s home sales are seemingly remaining unaffected. Broward’s overall sales for single-family homes as well as condos increased more than 14 percent between September 2019 and September of this year, per the Miami Association of Realtors. During the same period of time, Miami-Dade saw […]
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, according to the report. As signed contracts leaped more than 60 […]
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 close to twenty percent while condo transactions have seen […]
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 to a National Association of Realtors (NAR) report, the Sarasota-Manatee metro […]
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” it for a profit on the seller’s market. […]
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 Miami-Dade and Broward County increased more than six percent from August of last year […]
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 mistake. Today, we’ll be taking a closer, albeit brief look at overpaying. […]
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 opportunities to reap rewards. A recent report shows Florida has […]