Most South Florida residents are probably familiar with the investment technique known as "flipping." These types of real estate transactions involve a prospective buyer looking to purchase a property for a lower-than-average price, with the buyer then fixing up the...
Year: 2013
Businesses eying retail or office buildings may need to move fast
With all the talk about the red-hot South Florida residential real estate market our readers would probably expect to see commercial property, like office buildings and retail centers, filling up with tenants. A recent report noted that Palm Beach County alone has...
All types of South Florida property are getting popular
As the residential real estate market in South Florida continues an unbroken streak of good months, most of our readers would probably expect to see more office buildings and retail locations filling up with tenants. After all, it goes without saying that where...
Prices are jumping by double-digit percentages in South Florida
For most of the rest of the country the summer months represent the prime buying time for residential real estate. It really isn't that hard to see why, since most other states have to deal with changing weather in a way that South Florida doesn't have to worry about....
Real estate responsible for sharp increase in economic growth
People have flocked to South Florida for years because of the beautiful weather, an excellent cultural mix and, of course, the nightlife. But, according to a recent report, there may now be yet another reason for people to be attracted to the South Florida area:...
Residential development begins to show results
Many of our South Florida readers have probably noticed an increase in the construction of residential property in the local area over the last few years. When investors saw what they perceived to be the last of the hardest times of the housing market and the start of...
Good news for real estate buyers – more inventory available
Many prospective buyers in South Florida have found themselves in the following scenario in recent months: they have found the house of their dreams, they're ready to put in an offer and then they find out that there are already several other offers on the home. After...
Cash sales are everywhere, but what role does foreclosure play?
Anyone familiar with many of our previous posts knows that the South Florida real estate market is presenting both property buyers and sellers with unique positions. Unlike many areas in the country, the South Florida market is red-hot and seemingly only...
Keep smiling, South Florida – The market is as hot as ever
Shocking news for our regular South Florida readers: the residential real estate market shows no signs of slowing, with a recent report showing a double-digit jump in both prices and sales in at least two local counties. Prices have been rising for quite a...
Mortgage loan modification not perfect, but is viable option
Purchasing a home is an exciting milestone in life. Before buying, home seekers are put through a strenuous process by banks to see if they qualify for a loan. If they do qualify, then they can purchase their home. However, though the mortgage payment may be...