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Tag: Real Estate

The Calm Before The Storm

Tue Aug 22, 2023 by on Florida Real Estate

The Calm Before The Storm

We are in a percolating real estate cycle which is clearly symbiotic with the economy. For some, the economy is going quite well. For example, those who have 401(k)s are generally impressed with how they have grown this year, as well as those individuals who are savers and have found that they can earn 5% in traditional money market accounts […]

Florida: The Fastest Growing State and The Real Estate Market

Mon Dec 26, 2022 by on Florida Real Estate

Florida: The Fastest Growing State and The Real Estate Market

According to a 2022 Census report, Florida now is the fastest-growing state for the first time since 1957 and the third largest state besides California and Texas. Florida’s population increased by 1.9% to 22,244,823 between 2021 and 2022. Since 1946, Florida’s percentage increase in population has fluctuated but remained positive. The advent of air conditioning in the 1950s brought increased […]

Why Adjustable Rate Mortgages May Be Back In Vogue

Mon Jul 11, 2022 by on Real Estate

Why Adjustable Rate Mortgages May Be Back In Vogue

With economic uncertainty in the market, many homeowners are looking to adjustable rate over fixed rate mortgages. Why? Initially adjustable-rate mortgages, or ARMs, typically offer lower rates than fixed mortgage rates and then adjust at specific intervals over the life of the loan. Currently, ARMs look attractive to those home purchasers who are concerned with both higher mortgage rates, rising […]

Homeowner Associations Push Back Rental Investors

Thu Apr 21, 2022 by on Real Estate

Homeowner Associations Push Back Rental Investors

There is a rise in homeowner associations attempting to block investors from purchasing residential properties for rental purposes. These groups claim that, by having companies buying rental properties, has actually led to a decline in property maintenance, making their neighborhoods less attractive and potentially lowering their property values. While homeowner associations typically enforce rules found in their documents, such as […]

Silver Lining to Deflating Housing Market Bubble

Mon Apr 4, 2022 by on Real Estate

Silver Lining to Deflating Housing Market Bubble

Various economists are predicting that the home price growth will slow down. If this does not happen, home purchase prices will go further out of reach for homebuyers that the housing market overall will overheat. Already there is far more demand than supply, and far less affordable homes in reach of potential purchasers. While most of these economists prefer the […]

What Does A Russian Invasion Of Ukraine Have To Do With The South Florida Real Estate Market?

Mon Jan 31, 2022 by on Florida Real Estate

What Does A Russian Invasion Of Ukraine Have To Do With The South Florida Real Estate Market?

Whether Russia invades Ukraine has not only tremendous political but also global financial consequences. The United States has already threatened sanctions targeting Russia’s ability to send money throughout the world.  Perhaps the most far-reaching financial sanction would be to block folks in Russia the ability to use the internationally renowned and recognized Belgium based SWIFT system of payments that moves […]

Is Luxury Housing All About the Brand?

Wed Jan 26, 2022 by on Real Estate

Is Luxury Housing All About the Brand?

“Branded” housing is definitely in vogue in South Florida. In the luxury residential real estate market, purchasers seek brand names such as Ritz Carlton, Four Seasons, Porsche, and Aston Martin as they consider homes.   The number of hotel branded residences, for example, doubled from 2010 and 2020. Why? Such high-end residences provide an array of services, ranging from spas […]