Interest Rates Are Rising! What Does That Mean For You?
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2y ago
As you may have heard, the Federal Reserve may start reversing its pandemic stimulus in November and interest rates will most likely rise. But what does this mean for you if you’re looking to buy or sell in South Florida. The current housing boom will most likely flatten in 2022 when interest rates rise. Note the word flatten. Prices will not go down, there is simply too much demand. We are NOT in a real estate bubble; a bubble is rising prices that aren’t justified by fundamental economic factors such as demand. That is NOT what we are experiencing today. In South Florida, with our warm clima ..read more
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How South Florida Agents Can Help Solve the Inventory Crisis
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2y ago
If you're a South Florida agent in the last quarter of 2020, you're probably feeling what we all know to be true -- our inventory doesn't match the current buyer demand. According to NAR (the National Association of REALTORS®), inventory in July 2020 was 21 percent lower than 2019’s already low levels. Additionally, homeowners are now moving once every 13 years , instead of 8 years (the average in 2010). This makes things even worse. Buyers are coming from all parts of the country, to live a life outside year-round. 37% of Americans said the pandemic has caused them to consider moving, and 77 ..read more
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How to Apply for the Florida Homestead Tax Exemption
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2y ago
What is the Florida Homestead Exemption? It is a tax exemption offered to Florida property owners that can reduce their property tax liability. This exemption helps thousands of Florida homeowners save money on their property taxes every year. Further benefits are available to property owners with disabilities, senior citizens, veterans and active duty military service members, disabled first responders, and properties with specialized uses.  It’s offered based on your home’s assessed value and offers exemptions within ranges of your homes value. Specifically: For the first $50,000 in ass ..read more
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Best Place to Retire in 2021? You Guessed It - Florida!
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2y ago
Florida has an historic reputation of being a perfect place for retirement. Hundreds of thousands of people have moved to Florida to retire in this subtropical paradise, especially from Northeastern states like New York, Connecticut, and New Jersey. But the climate isn't the only thing bringing flocks of retirees to FL. In a recent study by WalletHub, Florida was ranked the #1 state to retire in based on a comparison of  all 50 states across 45 key indicators that measured affordability, health-care systems, and overall quality of life. You don't need an in depth analysis to see why Flori ..read more
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2 Reasons Why You Can't Afford to Wait to Buy
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2y ago
If you're a buyer looking for a home in South Florida, don't wait. Inventory is low with no sign of improvement. Experts say that sales will continue to increase as much as 21.5% by December 2021. If you're a buyer, that means your competition isn't going to go away. If you're considering waiting until the market cools, all signs say: No! The market isn't going to cool; in fact, it's going to continue strong. Buyers who are financially able to buy now, should.  Here are two reasons why you can't afford to wait: 1. Home values are expected to rise by 10.5% by the end of the year. Let's say ..read more
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Thinking of Selling? At Premier Listings, You Have Options...
Premier Listings
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2y ago
With our Highest and Best option, one of our listing specialists will list your home on the MLS and get it sold for its peak price, maximizing your return. Premier Listings' investments division - Premier Listings Offers will buy your house for cash, quick closing, and no Realtor commissions.  Both of these options include support from our entire team, including free contract review by our affiliate real estate attorneys at JK Closings, South Florida's leading law firm for real estate closings.  Anyway you choose, we guarantee your satisfaction throughout your selling experience.&nbs ..read more
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