According to an Orlando Business Journal article, over 150,000 people decided to leave the “City of Angels” Los Angeles in favor of the central area of Florida. In 2020, Central Florida saw more than 50,000 new residents.The Orlando metro keeps drawing the attention of homebuyers, as is common for Florida, from the Northeast. The influx...Read More

In Tampa-St. Petersburg-Clearwater, a recent survey found home prices saw an upswing. The urban and suburban areas expanded last year, but the urban center tended to surpass the suburban core. The report looked at rises in home valuation and rent rises in major metros across the country, including Florida’s quartet of major metro areas. Home...Read More

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 sales...Read More

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...Read More

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....Read More

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 estate...Read More

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...Read More

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,...Read More

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...Read More

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....Read More