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 […]
Real estate brokers say deals that were being processed are posing all manner of issues with the onset of the pandemic, causing chaos in the market as investors want to pull out of contracts. But should purchasers cancel because of COVID-19? Real estate attorneys have said there’s no straightforward response. A Palm Beach Post article tells the […]
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. […]