Buying a home could come with a lot of anxiety and this can be exceptionally overwhelming especially for first time homebuyers. While this process can be exciting also, it can come with some potential pitfalls, a lot of which can have an effect on your life for years to come so you need to take […]
What is a homestead exemption? This can be described as a property tax exemption for your permanent primary residence. A homestead exemption permits a property owner to exempt a fraction of the value of their home from property tax assessments, it reduces your escrow payment and your overall payment. A homestead exemption is tied to […]
President Joe Biden has authorized sanctions this week on Russian Officials with assets in the USA. This is coming after Russia’s invasion of Ukraine shook the global markets causing a spiral in oil and gas which have experienced volatility, with crude oil rates going from $43.00 a barrel to about $104.00 and expected to peak […]
The real estate market in Florida has been thriving. There has been an increase in population growth which has of course encouraged demand for rental properties as well as luxury real estate. Mortgage interest rates are going up for the first time in a while and are expected to reach 3.60%, an increase from the […]
Even with International travel bans, South Florida home sales to international buyers remain strong. This little pocket of paradise known as South Florida has outperformed the rest of Florida and the Nation in international home sales for 2021. Foreign buyers purchased $5.1 Billion of residential real estate in south Florida during 2021, only down 9% […]
After more than a year and a half, on November 8th, the international travel restrictions to enter the US have finally been lifted for over 30 countries. The US is now allowing fully vaccinated travelers from these countries to enter the US upon showing proof of vaccination and a negative COVID test. What does this […]
Miami-Dade County home sales continue to break records. September 2021 has been our best September sales month ever! In addition to that, the close of September has registered 2021 as the best annual total Miami condo transactions, with three months of 2021 remaining to include. This leaves many realtors, buyers, and sellers asking us questions […]
According to Craig Studnicky, principal of Miami-based brokerage ISG World, the condo market has been pretty stable for the past two to three years. Even with many people relocating to south Florida, condo prices per square foot have remained the same. Though the average sales price rose, according to Studnicky, that was mostly due to […]
Buying a single Family home in South Florida just got more expensive. Latin American Buyers and big Tech Firms could be the reason why. According to the latest Sales Report provided by the Miami Realtors Association, the Miami-Dade County experienced a 5% increase in the median home sales price in the month of April – […]
Despite the COVID-19 breakout, Real Estate sales have seen a noticeable increase throughout 2020, compared to 2019. A continuously growing number of people are in the hunt for properties, especially among the younger generations. This is remarkably true in the state of Florida, which has seen record-breaking numbers in the final quarter of the year. […]
