Our readers in South Florida are probably getting used to seeing mixed reports regarding the local real estate market by now. The almost unprecedentedly strong rebound of the residential real estate market that has been occurring over the last several years appears to...
Year: 2016
What should South Florida residents know about selling a home?
Although previous posts here have pointed out that the residential real estate market in South Florida has been slanted in favor of sellers in recent years, it has become clear that the market is beginning to balance out. For some people, that means that the time is...
Is it still popular to “flip” homes in South Florida?
Many of our readers probably remember how some degree of ire was directed at so-called "home flippers" during the depths of the housing crash and the early years of the slow recovery. Home flippers were viewed by some as get-rich-quick investors, buying a piece of...
Changes in the community can lead to surprises in real estate
Many of our readers in South Florida have heard the famous quote that "change is the only constant in life." While this saying obviously applies to a wide variety of situations that can pop up, it is definitely an accurate assessment of most real estate markets...
Conflicting data in the latest residential real estate reports
Many real estate experts in South Florida are keeping a close eye on a number of indicators that may help them to decipher where the market is headed over the course of the next couple of months. Among the many factors, there are few that are obvious: the number of...
What is a “security interest” with a residential mortgage?
There are millions of Americans throughout the country who have only been able to purchase a home because they applied for and were approved for a mortgage. Obtaining a mortgage to purchase property is so common as to be almost taken for granted in every residential...
Financing commercial real estate may be getting more difficult
Businesses and investors alike often find themselves in the commercial real estate market. For businesses in South Florida, the commercial property will be used as retail locations, office buildings and warehouses, among other uses. Expanding companies need space for...
Most people need mortgages to buy a home in South Florida
Searching for a home in South Florida can be an exciting process. Many people are looking for their first house, while others may be looking for a new house for their expanding family. The fun part is looking at all of the options that are available, evaluating the...
Covering all of the details in the sale of commercial real estate
Businesses and investors have all kinds of assets to track. Among the most important assets they own is commercial real estate. In South Florida, commercial property can be a valuable commodity, from office buildings to warehouses to retail locations. The local area...
Residential development may be reaching a tipping point
There are always going to be ups and downs in any real estate market, but the markets in Florida have perhaps seen fluctuation like no other state in the last several years. As swaths of the state still feel the heavy effects of the housing bubble burst, the local...