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Serving South Florida

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For over 35 years

Blog

January 3, 2016
It’s not too early to file for a property tax exemption for next year;  filing nowwill allow Florida  property owners to beat the rush that normally occurs early in the yearas people try to beat the March 1 deadline. Any Florida property owner with legal title to a home and who uses it as his or her permanent, primary residence by Jan. 1 is eligible for this exemption.   Homeownersmaking their first claim at this…
January 1, 2016
Forecasts for the 2016 housing market are starting to trickle in; analysts are predicting that next year’s market will be a picture of “moderate, but solid growth.” Several real estate pundits are predicting about a 3% year over year growth in housing prices with price increases being dampened by predictions of mortgage rates increasing to 4.65% for a 30-year fixed by the end of 2016. Total sales of existing and new homes will reach 6 million for the first time since 2006; new home starts will increase 12 percent and new home sales will grow 16 percent, but it…
December 31, 2015
  The Federal Reserve is raising interest rates after seven years of record lows. But it’s signaling that further rate hikes will likely be made slowly as the economy strengthens further and muted inflation rises. The Fed’s move to lift its key rate by a quarter-point to a range of 0.25 percent to 0.5 percent ends an extraordinary seven-year period of near-zero rates that began at the depths of the 2008 financial crisis. Consumers and businesses could now face modestly higher rates on some loans. The Fed’s action reflects its belief that the economy has finally regained enough strength 6½ years after…
December 17, 2015
You searched for homes over the course of months or even years. You endured a series of offers and counter offers, property disclosures, inspections and reports. Finally, after so much excitement, stress and anxiety, the house hunt has come to an end. But the story isn’t over yet. Here are some next steps to consider before you actually move in. Plan any work well in advance: Rarely does a buyer get a place that is truly in “move-in” condition. By the time you’ve signed a contract, you have lots of ideas about how you’ll live in…
November 25, 2015
How concerned should investors and homebuyers be that we’re headed for another real estate crash as we approach the 10-year anniversary of the infamous 2006-2007 housing bubble? Not at all. Although buyers are paying spectacular prices for commercial properties and trophy homes, just as they did then, this time price increases are being fueled by foreign investors seeking diversification and a haven for their funds, as well as investors on the hunt for a low interest-rate environment. Real estate is still a favorite life raft for nervous investors, who are seeking safety amid market volatility. This has led to record real estate…