Category Archives: Fort Lauderdale Real Estate News and Information
Reasons Why Now Is The Time To Buy in Florida
Buying a home anywhere has its challenges. These days inventory remains low while interest rates and home prices are on the rise. However, there are still good deals to be found if you are looking in the right places. Specifically Florida has some compelling reasons as to why it can be a great time to invest here for your next home purchase. No Income Tax The state of Florida is one of 9 states that don’t have a state income tax which makes it an enticing place to live and invest in property. The state collects the majority of its tax revenues from sales tax and property taxes. Strong Economy Despite states that are tech heavy and have had layoffs, Read More »
How Experts Predict Home Prices Will Trend Over The Next 5 Years
If you are in the market to buy a home soon, one thing to consider is what experts project home prices will do in the future and how that might affect affordability and your investment. While you may have seen some negative headlines over the past year about home prices, they’re doing much better than expected and are in fact rising across the country. The data shows that experts predict home prices will keep appreciating. A recent survey, the Home Price Expectation Survey (HPES) which polls over 100 economists, investment strategists and housing market analysis, showed projections from the panelists over the next 5 years through 2027. Estimated increases as forecasted in Q3 of 2023 from December to December are Read More »
7 Popular Home Design Trends
Home design trends evolve and change year to year with some styles holding consistent while others emerge that can sometimes come at a surprise. According to recent information released by Houzz, here are some of the more popular trends that homeowners have been interested in this year. Roof Decks Especially for the city dweller, expanding living space onto rooftops can be an option that comes with spectacular views. Searches for “rooftop terrace” increased 1,500% year over year. Spacious Bathrooms Popular designs these days for bathrooms are actually going hand in hand with accessibility. Spacious bathrooms that have larger, curbless showers are becoming more popular. They offer more room and look great while they are also accommodating for those who are Read More »
Why Now Is A Good Time To Buy A Home
Some buyers may wonder if now is the time to purchase property. There are some definite advantages to buying now than perhaps the early part of last year. Here is a closer look at why now is a great time to buy real estate. Better Deals Today It wasn’t long ago that inventory was slim and we saw lines of buyers coming in droves to visit a home when it first came on the market. Chances were that many of those buyers were all vying to buy the said home and were willing to do whatever it took to get it. Waiving contingencies, paying over asking and more were done to try to win the multiple offer wars. However, Read More »
10 Home Designs To Rise in 2023
Home design is ever changing. With more people working from home and spending more time there, home is somewhere we value even more these days. Design trends as a result are aiming to work in more creativity with color, texture, patterns and optimism. Here are 10 of the home design trends that everyone is excited about for the coming year. Kitchen Trends Natural Materials Natural materials are always popular but lately they have become even more so. In kitchens, we are seeing more quartzite and other natural counters complemented by marble tile and wood cabinets. Wood Cabinets Wood cabinetry is a popular choice these days. White oak is among one of the top picks with walnut also being popular. Creative Read More »
Three Things That Are Good For Today’s Buyers
Despite the recent changes with mortgage rates rising there are some positive things occurring out in the market that is good news for today’s buyers. Let’s not forget that the market had been going strong for years but primarily in the favor of sellers. With the recent cooling there are now some benefits for buyers looking to purchase their next home. Here they are. More Homes On The Market When the pandemic hit we experienced extremely low housing supply while buyer demand had increased even more. This caused the perfect storm of making buying even more difficult. Now that has changed. According to a statistic shared by Calculated Risk, inventory levels have increased by nearly 40% for the last week Read More »