Oct
26
It’s no secret that the real estate market is experiencing a boom! For the past four months existing home sales have experienced an upward tick with no sign of slowing down just yet. All across the United States, we are seeing a month-over-month gain as total existing home sales and completed transactions rise 9.4% from August to September. Year-over-year, the numbers are even more substantial with an increase of 20.9%, according to the National Association of Realtors.
We put this clear increase down to low-interest rates, and people spending more time at home as the world transitions to a remote, work-from-home culture. Many buyers are seeking larger homes with an office or den that g...
Oct
06
If your home is destroyed and you are forced to rebuild, will your insurance cover everything? The answer lies in your home insurance coverage. Whether the damage is partially or fully covered will depend if you have extended replacement or guaranteed replacement coverage.
Extended vs. Guaranteed Replacement: The Essentials
When buying their first home, it's typical for most homeowners to focus on the fun aspects like painting the master bedroom a different color or adding an elegant lighting fixture in the backyard.
Often, the last thing they think about is a list of unfortunate events that can happen when least expected like a bad storm or fire. However, those are crucial factors to take int...
Sep
30
New Construction Homes More Resilient Than Ever during Coronavirus Pandemic
Southwest Florida continues to see an increase in new home starts despite the coronavirus pandemic slamming the region.
New-Homes at Record High
A study by Metrostudy revealed that builders started 1,751 new single-family homes in the second quarter of 2020, down just four percent from the previous quarter. The annual new-home starts are up 18 percent from last year, even though analysts predicted a steep decrease in the local market as a whole. Today’s numbers are the second highest since the booming market of third-quarter 2006.
Many builders are putting their pandemic success down to low interest rates, ever l...
