The Florida housing market is still red hot and is expected to stay that way throughout 2022. Click here. How Does Florida Compare to the National Housing Market (in terms of home price increases year over year)? Florida 31.4% Tampa 32.5% in March 2022 Arizona 28.7% Tennessee 26.7%
Tag: housing market
Why do transactions fail?
Why do pending transactions fail? In the real estate market, the stars have to align ever so perfectly for a transaction to close. Today, sellers are trying to cash out the equity they have gained over the last year in their properties. Many of the sellers in the market are...
Why You Should Sell Your Home for Cash
Selling a home is never an easy decision. Not only the process might be time-consuming, it is also an emotional, too. Depending on the route you go, a lot of work might be involved, from looking for an agent, signing listing agreements, and doing showings, to actually having to repair some...
5 reasons Why This Is The Best Time To Sell Your Home in South Florida
The South Florida market has always been known nationwide as one of the hottest markets of the country, often outperforming the national averages. After the hit of the pandemic of the novel coronavirus in 2020 and the mandatory lockdowns, this natural movement gained even more strength with many of the...
What to Expect From the Housing Market This Summer
Here’s how rising interest rates, inflation and continued supply chain issues are affecting buying, selling and renting in the real estate market in the rest of 2022. Credit Devon Thorsby You may be in the market to buy a house, know someone who recently purchased or are waiting for the right...
The Real Estate Market Is Changing
As we make our way into the May of 2022, it has become clear that the glowing red real estate market is changing. Things are starting to cool off. There is starting to be more inventory available to potential buyers. Also, mortgage rates are on the rise. The average 30-year...
Housing Bubble 2.0? Fort Lauderdale data eerie similar to past
Overpriced Market "When the U.S. housing bubble burst more than a decade ago, it brought the global economy to its knees. It turned out that the multiyear housing boom through the early 2000s was hiding skeletons. Homebuyers, driven by a fear of missing out on home price gains, were stretching...
Top 10 property maintenance issues in Florida !
Have you ever factored in all the costs of keeping a property in tip-top shape? Talking about repairs and maintenance is always a delicate subject. A decent portion of homeowners in the United States does not realize what it takes to properly maintain a house in order to make sure...
Fla.’s Housing Market: Median Prices Up, Supply Tight in March 2022
ORLANDO, Fla. – Florida’s housing market in March and 1Q 2022 showed the impact of rising mortgage rates, increased home prices and a shortfall of for-sale supply, with fewer closed sales compared to a year ago, according to Florida Realtors®’ latest housing data. “Buyers and sellers in Florida in March...
What Will Real Estate Look Like in 2022?
It’s likely that 2022 won’t be as red hot as 2021 was - though you can still expect some flames. While home prices will continue to rise, most experts are predicting 10% appreciation, rather than last year’s 20%. It will still be a seller's market - however, multi-bid situations and homes going for 30% or 40%...