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Category: Real Estate

Coronavirus is Impacting Global Markets… And South Florida Real Estate?

Florida Coronavirus

The recent onset of the dreaded Coronavirus which has caused a global health emergency  reminiscent of the deadly SARS virus eighteen years ago. As of writing this, there are unfortunately 563 people that have died mostly in China where the outbreak originated, and many others have been quarantined on a Southeast Asian cruise ship as well as at other facilities. […]

The Wealth Effect: Do you feel it?

Mon Jan 27, 2020 by on Real Estate

rising stock market

With the fresh stock and real estate market highs as well as consumer spending continuing to accelerate, we must ask, is there a “wealth effect” in play? The “wealth effect” refers to an increase in consumer spending that is relative to portfolio performance such as strong markets in real estate and stocks. Simply put, when a person’s investments go up […]

Baby Boomers are selling over 21 million homes… what could this mean?

Tue Jan 7, 2020 by on Real Estate

Baby Boomers Are Selling Over 21 million Homes

Despite the ever-shrinking housing supply in the United States, about 21 million homes are expected to be vacated in the next 20 years. Why? Baby Boomers. As the Phrase Goes: Location, Location, Location Baby Boomers want to start selling their properties, but these homes are not in the preferred locations of the generations that are in the process of buying […]

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 […]