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Back to the Financial Time Machine: Bracing for the 2023 Recession

Back to the Financial Time Machine: Bracing for the 2023 Recession

As the global economic landscape continues to devolve, it is crucial to draw upon the lessons learned from previous financial crises, much like Marty McFly’s thrilling time travel experiences in the classic film “Back to the Future.” With the Federal Reserve’s recent interest rate hikes and the ongoing banking dilemma triggered by a liquidity crisis leading to losses on long-term […]

Best Home Deals? New Construction!

Mon Mar 13, 2023 by on Real Estate

picture courtesy forbes

While there still are residential home buyers waiting to buy until mortgage rates lower and with home appreciation prices slowing, there are nevertheless opportunities for homebuyers in the new construction market. Why? High construction costs, rising interest rates, inflation, and buyer concerns concerning job security all pose challenges to builders, According to the National Association of Home Builders (the NAHB), […]

Innovations in Commercial Office Space

Tue Mar 7, 2023 by on Real Estate

Innovations in Commercial Office Space

Commercial workspaces are evolving as more people split their time between home and office. As a result, there are innovative ideas as to how the future of commercial real estate will evolve in terms of rethinking office designs in order to not only accommodate a growing hybrid work force but also encourage workers to spend time at the office. Picture […]

Why are home prices continuing to be high?

Fri Feb 24, 2023 by on Florida Real Estate

Why are home prices continuing to be high?

There seems to be a pricing disconnect between would be homebuyers and sellers these days. Why? Homebuyers want to offer lower contract offers and yet sellers still want to obtain higher than normal sale prices as they enjoyed last year. Although mortgage interest rates near 7%, buyers still face elevated sale prices. What are the reasons for continued, elevated sales […]

Redefining Home: Alternative Housing Options

Mon Jan 23, 2023 by on Real Estate

Redefining Home: Alternative Housing Options

As more and more people search for affordable homes, housing start-ups such as Boxabl offer an alternative to “traditional” housing. Boxabl provides mass produced building construction for small ADUs (or Accessory Dwelling Units). For instance, their Casita product, a 375 ft ADU is delivered on a regular flatbed trailer, unfolded, and apparently set up as a complete home in two […]

Home Purchaser’s Change of Mind: Can You Get Out of a Real Estate Contract?

Thu Jan 12, 2023 by on Florida Real Estate

Home Purchaser’s Change of Mind: Can You Get Out of a Real Estate Contract?

With increased interest rates and high home prices cooling the housing market, there are some homebuyers who have had a change of mind or “buyer’s regret” after executing a real estate contract. The question is how may a home purchaser get out of the real estate contract? Real Estate Contingencies Homebuyers have certain periods of time in which to get […]