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Yearly Archives: 2019

U.S. Home Sales Decline as More Americans Are Staying Put

Wed Nov 13, 2019 by on Florida Real Estate & Real Estate

us home sales decline

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 […]

Legal Marijuana Leading to “Higher” Home Values?

Mon Oct 28, 2019 by on Real Estate

Legal Marijuana Leading to “Higher” Home Values?

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 […]

First-Time Homeowners: 20-Year Trends

Mon Oct 21, 2019 by on Real Estate

First Time Home Buyers

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 […]

Nothing is Forever: The Real Estate Impact of Forever 21’s Bankruptcy Claim

Forever 21 Bankrupt

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 […]

Flipping Out: How the Process of Home Flipping Has Resurfaced

house flipping

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 […]

Climate Change: Is it (almost) “The Day After Tomorrow”?

Tue Sep 24, 2019 by on Florida Real Estate

Roy Oppenheim Global Warming

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 […]

Renting: The Millennial Trend That Has the Housing Market Booming

Renting: The Millennial Trend That Has the Housing Market Booming

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 […]