Despite the recent interest rate cuts, U.S. home sales dropped more than expected in September. A new study sheds light on the typical American homeowner now staying in their home much longer and its considerable impact on the housing market. A Growing Problem: Low Supply, Higher Prices Redfin conducted the study and determined that the typical American homeowner has spent […]
It’s no secret that there is an ongoing trend across the country of states allowing marijuana sales for both medicinal and recreational means. We now have data on how legal marijuana sales can affect home values in those states and cities that allow it compared to those that don’t. The results may surprise you! Marijuana may be Your New Friendly […]
Over the past 20 years, the “traditional” first time homebuyer has changed dramatically. It was once that most Americans first married and then went onto buying the American Dream: their first home. What was then and now? Today, more people are delaying marriage and having children, and are facing greater financial barriers to homeownership and a tougher housing market than […]
Forever 21, the 35-year old trendy teen apparel and accessory global retailer, has filed for Chapter 11 bankruptcy protection, closing a third of its 534 U.S. stores. This could potentially make way for commercial offices, housing or even medical marijuana facilities (yes, brokers have had these inquiries). The retailer has stores in South Florida malls including Aventura, Sawgrass Mills, and […]
The popularity of flipping homes, by purchasers and investors, has increased significantly since investors have recognized the profit that can come from buying, fixing up, and then selling a distressed home. The taboo market of flipping houses has recently seen its own makeover and is now becoming a more accepted and reliable source of housing. how to flip homes Learning […]
The United Nations Climate Action Summit began this past Monday, amid young activists like sixteen-year-old Greta Thunberg who has held massive climate change action rallies worldwide. While some may not believe in climate change, it is hard to ignore the distinct severe weather patterns we have been experiencing. Florida, and particularly South Florida, has been affected by flooding. The question […]
South Florida is positioned to continue as a prime restaurant haven as international restaurant expansions continue not only in Miami, but also in Fort Lauderdale and Palm Beach. More than 44 million tourists spent an average of $315 a person on food and beverage during their visits, for an estimated total of $8.8 billion. As a result, more and more […]
With its warm climate, Florida is appealing for our aging population, especially the elderly. In fact, Florida is the national leader in drawing senior citizens from other states as permanent residents. According to a recent survey, baby boomers who are mostly now in their 50s and 60s, and older seniors are fueling rapid growth in the south Florida real estate […]