Category Archives: Fort Lauderdale Real Estate News and Information

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 »

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 »

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 »

In recent years buying and selling a home has been even more of an emotional undertaking with sellers astounded by selling for over asking and buyers either winning bids or disgruntled about being outbid. Recently we have seen inflation pressures and mortgage rate hikes which have some buyers left unsure if now is the right time to buy. The same goes for sellers nowadays who have been asking themselves if they missed the top of the market. Here are some perspectives on the subject. Current rates shouldn’t scare sellers The market may be slowing down a bit but homes are still selling relatively quickly and at asking price or more in some cases. Rising interest rates will in fact affect Read More »

Inventory levels may still be on the low end, but buyers are still in search of some particular home features this season regardless. According to a recent release of information from Realtor.com, there have been some popular search terms that have been pretty common lately. The spring season along with some recent pandemic influence may be contributing to these trends that are as follows: Water features One of the most popular search terms this year continues to be a swimming pool, and not just in Florida. They have gained popularity since the pandemic carried right into this season. Aside from swimming pools we have seen hot tubs also becoming a highly searched feature. They can offer a great place to Read More »

Nowadays you can’t discuss residential real estate without commenting on the affordability challenges that buyers are up against today. There’s no question that homes are pricier today than they were over the last two years, but that doesn’t mean homes are now truly unaffordable. There are three measures used to establish home affordability which include home prices, mortgage rates, and wages and here is a closer look at each of them. Home Prices The most recent Home Price Insights report issued by CoreLogic indicates that home values have risen by 19.1% from last January of 2021 to January this year. That was one reason affordability had diminished over the past year. Home Loan Rates While the current global uncertainty makes Read More »