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Category: Real Estate

The Cool-Down of the Housing Market

Fri Jul 30, 2021 by on Real Estate

The Cool-Down of the Housing Market

The housing boom that we have experienced for the past year is slowing down. In fact, sales of new homes decreased in June to the lowest level since the early days of the pandemic in April 2020, according to the U.S. Census Bureau. Sales of new single family homes decreased to 19.4% below June 2020 levels, and are 6.6% of […]

Impending Foreclosures and Evictions: The End of Moratoriums

Impending Foreclosures and Evictions: The End of Moratoriums

To combat the financial burden families faced as a result of the coronavirus pandemic, the CDC instituted eviction moratoriums while other agencies instituted other borrower protection measures. These programs will expire for most Americans sometime this summer, 18 months after they were initially launched at the beginning of the pandemic. However, due to government aid bottlenecks and growing fear of […]

Affordable Housing and the Great Divide

Thu Jun 17, 2021 by on Real Estate

Affordable housing crisis

The pandemic has created a major divide in the housing market. There are many who were able to save during the height of the pandemic and are now able to purchase real estate. However, at the same time, there are many who are locked out of home ownership because they are unable to afford homes as they either do not […]

The Effects of Worldwide Population Decline and Real Estate

Wed May 26, 2021 by on Real Estate

The Effects of Worldwide Population Decline and Real Estate

With the exception of Nigeria, the global population is decreasing as more parents are delaying having children and fewer babies are being born. Reasons for this population shift include the worldwide changes in cultural and social mores as more women have gained access to education and contraception, as well as more people marrying later in life and the substantive cost […]

Steaming Hot: Luxury Home Sales in South Florida

Tue Apr 27, 2021 by on Florida Real Estate & Real Estate

Steaming Hot: Luxury Home Sales in South Florida

Since late last year, residential properties in South Florida ranging from $1 million plus to over $15 million have been selling at incredible pace. Single family sales doubled, with average sales prices increasing 20.1% from $2.55 million to $3.06 million, with all cash deals more than doubling. While high-end condo market sales are arguably outpacing single family home, the overall […]

For Sale By Owner: Home Buyers And Sellers Moving Away From Traditional Real Estate Transactions

Thu Mar 25, 2021 by on Real Estate

For Sale By Owner

Home Buyers And Sellers Moving Away From Traditional Real Estate Transactions BROWARD COUNTY, Fla. – When it comes to real estate here in South Florida and many other areas of the country, it’s a hot sellers’ market and market experts say more people are foregoing the traditional path and taking the process into their own hands. When Suzanne Tuccelli and her […]

Landlords Are Accepting Partial Rent Payments. Ruling Shows This Might Be a Mistake

Landlords Are Accepting Partial Rent Payments. Ruling Shows This Might Be a Mistake

The economic downturn amid the COVID-19 pandemic has caused some to accept partial rent payments from struggling tenants. By Cedra Mayfield | March 04, 2021 at 07:16 PM | The original version of this story was published on Daily Report Online Closeup of red, white for rent sign attached, hanging on wooden apartment, house, home, building door with glass windows Landlords, beware. The economic downturn amid […]

Are Real Estate Broker Commissions Under Attack?

Mon Mar 1, 2021 by on Real Estate & Real Estate Law

Are Real Estate Broker Commissions Under Attack?

Broker commissions for residential real estate are being challenged. With more and more home buyers relying more on technology for video-tours and neighborhood research, “traditional” real estate commissions are being challenged and yet have largely remained unchanged. Paid by the home seller, the commissions are typically as high as six percent, three percent being paid to the seller’s agent and […]