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 […]
South Florida is positioned to continue as a prime restaurant haven as international restaurant expansions continue not only in Miami, but also in Fort Lauderdale and Palm Beach. More than 44 million tourists spent an average of $315 a person on food and beverage during their visits, for an estimated total of $8.8 billion. As a result, more and more […]
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 […]
What Is Zestimate? Created by Zillow, an online real estate database company, Zestimate is the company’s home valuation model, which estimates a home’s market value based on public and user-submitted information. It considers several factors, including home features, location, and market conditions. Currently it’s the most commonly-used home valuation estimator online and, yet, has been at the center of controversy […]
I have been involved with real estate for over three decades. Yet, this is the first time that I have noticed more and more real estate professionals involved with other gigs besides buying and selling real estate as Realtors. In fact, a number of Realtors that we have known for many years are driving for Uber and Lyft (a) to […]
Daylight Saving Time: Helpful or Hurtful? This past Sunday, we changed our clocks ahead one hour to “spring forward” to daylight. Daylight saving time was enacted in the United States after WW1 partially to conserve energy. Back then, incandescent bulbs used a lot of energy, and moving the work day into the day time was thought to be a good […]
Strike a Pose While we all try to look our best for photos, real estate listing photos are not only accentuating property but are incorporating computer-generated imagery. Although at one time real estate was staged so that the properties looked decluttered and presentable, photos are more important than ever. It is reported that home searches begin online and many deals, […]
The US real estate market is slowing down. Higher interest rates at 4.75% are dragging real estate sales, as first time home buyers and real estate investors alike are not purchasing at a rate that would stimulate an otherwise seemingly solid economy. Perhaps most telling is that those real estate investors who “fix-and-flip” real estate are sitting on the sidelines […]