There are a lot of factors in play when a South Florida resident is looking for that prime piece of property to call home, but perhaps no factor is more important than the process of applying for a mortgage. Securing a mortgage for a home is probably one of the...
Year: 2014
What do the latest mortgage foreclosure numbers tell us?
The health of any given real estate market is a localized concern, but one theme that was persistent throughout the country over the last several years, was the increase in the number of foreclosures. When the Florida and national economy took a nosedive, there was no...
Is the South Florida real estate market stabilizing?
Although the news regarding South Florida real estate has remained positive throughout this year thus far, the last few weeks our readers may have noticed that there have been a few negative reports amidst all of the positives. The hope is that this is just a sign of...
Luxury real estate is putting Miami on the map
One of the basic principles in real estate is that certain areas will have higher values and sales prices than others. Most people have heard the saying "location, location, location." Location is everything in real estate, and if any of our readers are at all...
Foreign buyers eye Florida for real estate deals
As our Florida readers may have noticed, recent news coverage about the immigration crisis at our country's border with Mexico is leaving some people with an unfavorable view of potential immigrants to America, sometimes regardless of whether they are legal or not....
Will residential development be hindered by rising sea levels?
Many of our South Florida readers probably take advantage of the fact that they live within minutes of some of the most beautiful beaches in the world. But is the proximity of the ocean going to cause a problem for residential property in the local area sooner rather...
Report shows slowdown in the rise of South Florida home prices
By now most of our readers are getting quite used to seeing continuous reports about how well the residential real estate market in South Florida is recovering. After all, negative news about this sector of the local market is few and far between, and what negatives...
Pricey South Florida real estate selling quickly
By now our readers probably know that many of the real estate deals concluded in South Florida these days are all-cash agreements. But, what many people may not know is that this also applies to real estate transactions involving properties with sales prices over $1...
Foreclosure rate may be a sign of things to come in Florida
Anyone who has been a property owner in South Florida over the last 10 years or so has probably felt like they have been on quite a roller coaster. First, when the real estate "bubble" burst a few years back, home values plummeted to levels no one would have expected....
Retail property leading the way in commercial property recovery
Commercial property in South Florida sometimes takes a backseat to the residential real estate market, mostly due to the fact that residential property in the local area is recovering quite nicely from the bottoming-out that occurred a few years back. But, despite the...