The luxury real estate market in Miami continues its feverish upswing. According to a recent report, single-family home active listings drop to the lowest numbers they have in over eleven years. As of last month, there were nearly 8,600 single-family listings in all three counties, versus more than 13,000 when compared to 2020. As condominium […]
With investing, negotiation is a typical component in the purchasing process. However, when do you typically enter the negotiation phase? There’s a strong case to be made to wait until after a home inspection is performed. Usually, the seller(s) will be relieved once a deal has been secured. Typically, waiting and trusting that anyone will […]
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 […]