Cash offers on homes have increased substantially over the last few years. In 2022, according to Redfin, 30% of all home sales were paid with all cash with 64% of all $1 million plus sales in Palm Beach, Miami-Dade, and Broward counties as well as 46% those under $1 million being cash deals. What are the Seller Advantages? Although it […]
Online searches for “sell my house” has increased by 147% as of July. Florida ranked number 5 out of the top 10 states that had the most searches for selling a home. In fact, Fort Lauderdale, West Palm Beach, Miami, Coral Springs, Boca Raton, and Port St. Lucie are some of the cities that had the most search queries. Is […]
OVERVIEW: Why the housing market has been hot in 2022 What factors suggest prices are starting to cool down How homes prices will affect the economy For the sixth straight month, the number of U.S. home sales have decreased, the longest decline in more than eight years. Higher mortgage rates and purchase prices are just two overall reasons for this […]
Almost 6.5% of all Americans live in nursing homes or assisted living facilities. Unfortunately, some of these facilities are prime spaces for harm to occur due to potential neglect and prolonged isolation of the residents. When nursing home residents fall victim to such harm, they are at higher risk of pressure ulcers, falls and fractures, and sometimes death in extreme […]
July 23, 2021 at 09:27 AM | The original version of this story was published in the Daily Business Review During the past year, we have seen an acceleration of both large and small businesses relocating to Florida. Reasons for this relocation often include the economy and physical climate. However, perhaps the most important reason for corporate relocation to Florida is to […]
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 […]
Since the pandemic began, relocating to Florida has accelerated. In fact, since 2014, Florida eclipsed NY, becoming the third largest state in population behind Texas and California. People are leaving the Northeast and relocating to Florida particularly for the climate and because Florida just so happens to be one of only seven states with no state income-tax. Why Florida? Prior […]
The battle between the ever-shrinking housing supply in the United States against the rapidly increasing number of buyers has led to home prices rising. Adding this to the smaller land supply makes the already undesirable situation for those living in the country’s urban centers much worse. Affordability Is Still an Issue The JCHS State of the Nation’s Housing report shows […]