Blog

Aug
09
Which Two Florida Cities are 2 of the Fastest Growing Suburbs in the U.S.?

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Manifest Destiny...westward expansion. The sound of it just takes me back to those good 'ol days of my 7th-grade history class! You don't remember? In short, the "new" Americans were pulling their roots out of the more populated cities and towns of the east and moving west. Moving west in search of economic opportunity, land ownership...and freedom. It started small, but by 1840, nearly half (40%) of our nation's population lived in the trans-Appalachian west. The suburbs were getting busy! Fast forward to modern day America and it would appear as though we may have another expansion occurring. Only this time, Americans are heading south.


You don't have to live in Florida to know that Flori...


Aug
08
The Best U.S. Markets to Invest in Rental Properties in 2018

Ever get tired of hearing people go on and on about “Location, location, location!”, whenever real estate comes up in any given conversation? Yet most real estate investors never look much further beyond their own backyard, when deciding where to invest. Millions of Americans invest in rental real estate, and they all have the same goal in common: to make money. Location is the only factor that you cannot change once you buy a rental property. While you can do repairs to improve the quality and look of your rental property, there is nothing you can do about the location of your investment. "Your real estate property is where it is, and you can’t take it and move it somewher...


Jul
24
Florida GDP Hits $1 Trillion Mark

Florida becomes more and more of an economic powerhouse every year, being one of the ripest and most in-demand markets in the country, so it comes as no surprise that Friday, July 13th, Florida’s gross domestic product finally reached the $1 trillion mark. According to the state chamber, if Florida were an independent country, that amount of economic output would make the Sunshine State the world’s 17th largest economy, growing larger than Saudi Arabia, Switzerland, and Argentina’s. Although the number is high, this was to be expected, University of Central Florida economic analyst Sean Snaith said the state has been strong in all areas of employment.



This is really being d...


Jul
09
Europe’s Real Estate Resurgence Continues

As Europe continues to be the peak of the global residential price growth, China, the world’s prime market for the past couple of years, takes the lead for its runaway home prices. According to the Knight Frank Global Residential Cities Index, in the first quarter of 2018 alone, 15 out of the 24 global cities that posted a double-digit price increase for residential homes were in Europe. Further solidifying Europe’s position as a leading home market. In the front of the group was Berlin, with an annual growth rate of 14.9%, next Rotterdam, Netherlands, coming in second at 14.8% and Budapest, Hungary, coming third at 14.4%.



The recovery in European cities is largely attributable to...


Jul
02
Florida- Top 5 Beach Towns

There’s very little in this world that is more appealing than the quaint and relaxing feel of a beach town. Nothing can quite compare to the salty charms of coastal living. With wind in your hair, the warmth of the sun on your skin, and the crashing of blue waves onto sandy shores, what more could anyone possibly want? With warm weather year-round and a booming housing market, Florida coastal cities have become one of the most coveted and popular moving destinations. But between all the bountiful beach towns in the United States, which ones take the coastal crown?

A 2018 WalletHub study of 58 metrics ranging from housing costs to the share of waterfront homes and water quality has com...


Jun
25
Baby Boomers VS. Millennials

Whether or not you see millennials as relentless selfie takers with their noses in their phones or the next trailblazing generation of the modern age, there is no denying the economic importance and power millennials have over our planet. And that doesn’t just apply to the latest clothing trends and iPhones; they are becoming a serious market in both the real estate and business worlds.



Everyone from condo developers and landlords to media outlets and magazines have been racing for years now to obtain the attention and approval of the millennial generation. Millennials, those born between the early 1980s and the late 1990s, aren’t the teen to young adult demographic you may be ima...


Jun
21
"Year-to-Date Home Sales are Strong in Sarasota and Manatee"

Sarasota and Manatee County has closed more home sales so far in 2018 than sales in January through May of 2017. Inventory is still tight and median prices continue to rise year-over-year. Overall, this month reports more closed sales and pending sales across the two counties. The two-county area reported 2,191 total closed sales, a one percent increase from May 2017. In the condo market, Sarasota sales increased by 6.4 percent to 452, while Manatee condo sales increased by 16.8 percent to 278. As for single-family homes, Manatee sales increased by 2.6 percent to 641, while Sarasota County decreased by 0.2 percent to 820.



The condo market in both counties has had an upward trend in pricing an...


Jun
19
Florida-Fastest Growing Luxury

It’s no secret that Florida has been experiencing a massive residential boom, the housing market is in high demand and shows no signs of slowing. According to the May 2018 Luxury Home Index from realtor.com®, interest from potential home buyers in Northern states have pushed two Florida counties – Sarasota and Collier – to the top of the nations fastest growing housing markets.

This May, the top 5 percent of expensive home prices in Sarasota (North Port) and Collier (East Naples) counties grew by 19 and 14 percent. But not only are Sarasota and Collier seeing expansion, Broward County – home to Fort Lauderdale – grew 9 percent year over year. These numbers ar...


May
30
Even after tax reform, homeownership still beats renting

The spring home-buying season is underway, but there have been a plethora of changes within this last year. "Congress has curtailed tax incentives to purchase a home, and mortgage rates and home prices are up. Yet for most folks with a stable job, buying a home is still better than renting." The new tax law has doubled the standard deduction to $24,000 for couples and caps their deductions for state and local taxes at $10,000. Those combine to greatly reduce the tax incentive to own a home – the share of homeowners who will itemize deductions and list mortgage interest and property taxes is estimated to fall from 44 percent to 14 percent.



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Most homebuyers have more disposable income to ...


May
08
Submitting Creative Bids During the Spring Market Frenzy

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It's that time of year again. The spring market is in full swing and crowds of buyers are fighting over their dream house—or at least the closest thing to it, considering this year's nationwide inventory shortage isn't leaving many options. So, what does that mean? For the most part, higher prices, more competition and a whole lot of bids. Listings in good condition tend to get multiple offers this time of year, and buyers are putting forth their strongest submissions—cash offers, over-asking, fast closings, no contingencies, etc. But creativity is the name of the game in this year's competitive market. Buyers are inspired to win over the seller's emotional side. Here are the lat...


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Venice, Florida 

34285

United States