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...Read More

Last month, signed contracts in Broward County proved to be greater than its neighbors according to a Miami Herald article as buyers are seeking properties with big city advantages. Recently signed contracts saw double digits increases year-over-year at Broward, a rise of more than 135 percent for single-family homes and an increase of just over 161 percent...Read More

Buildings near bridge and body of water Despite the pandemic, the housing market in Florida maintained its optimistic momentum last month, with stronger sales, greater pending sales, elevated median prices, and additional fresh listings versus 2019. Sales of new single-family homes saw an increase of just over eleven percent compared to July of last year,...Read More

There are typically two simple yet distinct options to pick from when an investment property is involved: rent or sell. Should you choose to sell, it is usually considered a solution for the short term, whereas renting is a tactic for long-term investors. Both options have advantages and disadvantages and one could be a wiser...Read More

Part of achieving success as a real estate investor is having a clear-cut list of criteria as you explore the market. While there is certainly a lot more involved in the process, a few essential, well-defined criteria provide a solid foundation to potentially maximize profit and deal with changes. It starts by identifying the type...Read More

While Miami-Dade and Broward County both saw drops in year-over-year residential transactions last month, there is still some good news report regarding Florida’s real estate market. The state’s pending sales saw a year-over-year uptick, an indicator that activity has seen increases since the month of April. Pending sales for Miami-Dade and Broward saw boosts year-over-year....Read More

Some great news has recently emerged for “The Big Guava” of the United States, better known as Tampa, Florida. According to a recent report, the city is within the top thirty of metropolises with the most valuable property. Furthermore, it’s earned second place as the city with the highest valued real estate in the state...Read More

South Florida has seen a wave of people from the northeast in recent years, allured by Florida’s low property taxes and no income tax. Sales of upscale homes and condominiums in all three counties had seen considerable upticks by December 2019. Furthermore, demand has seen ongoing increases amid the COVID-19 pandemic as buyers seek additional...Read More

Foreclosures are a popular yet risky investing venture, especially for intrepid investors that have little to no experience dealing with auction foreclosures. To minimize the risk, it is wise to proceed with a solid understanding of the risk involved. If you’re thinking about using hard money loans for an auction purchase, keep in mind some...Read More

If you’ve been trying to buy Florida property, you may think it’s your chance now. Although COVID-19 has caused tremendous disruption to businesses and employment, it has generated opportunities as well. Housing demand is down, which may make you think prices have gone down.This is not the case in Florida though. Florida builders are careful....Read More