The glut of pricey condominiums built during the housing boom is starting to clear in parts of South Florida, leading some observers to wonder whether a wave of new construction isn't far behind. Individual investors and bulk buyers in recent years have scooped up many of the units and are rentin
...
08/31/2011
Foreclosures sales in Florida dropped 22.4 percent in the second quarter of the year compared to the same period in 2010, according to a report from foreclosure real estate listings database RealtyTrac released today. There were a total of 34,558 foreclosure sales in Florida in the second quarter
...
08/30/2011
If a hurricane ravages your neighborhood, knocking out your power and phone service, how are you going to file an insurance claim? Some national insurers and at least one Florida-based insurer now have mobile applications that allow you to file a claim and send photos of the damage from your smar
...
08/30/2011
If you have had your home on the market for several months and haven’t seen much activity or any offers, chances are that one or more of the reasons below are to blame. Your price is too high No doubt about it, the most common reason for a home not selling is that the asking price has been set
...
08/29/2011
Sales have been up in the two counties in every month this year compared to 2010. But what can we expect for the rest of the year? As data last week from the Florida Realtors showed, home sales in Broward and Palm Beach counties remain strong even as the national numbers are hit and miss. South F
...
08/26/2011
1. In general, you are eligible to exclude the gain from income if you have owned and used your home as your main home for two years out of the five years prior to the date of its sale.
2. If you have a gain from the sale of your main home, you may be able to exclude up to $250,000 of the gain f
...
08/26/2011
Twenty years ago, Florida had the highest average age in the United States, Ten years ago it had the 2nd highest average age. As of 2010.... 5th! According to new information from the 2010 Census, and it shows that the majority of Florida growth came from working-age adults, 18 to 64 years ol
...
08/24/2011
If there was ever a time to finance or refinance a property, it would be right now! Currently rates are averaging 4.15%, which is literally the lowest figure in a 50 year time span. I even had a conversation with a mortgage broker last week in which he said he could get a rate below 4% by going
...
08/24/2011
Florida’s existing home and existing condo sales rose in July, according to the latest housing data released by Florida Realtors. Existing home sales increased 12 percent last month with a total of 15,517 homes sold statewide compared to 13,874 homes sold in July 2010, according to Florida Rea
...
08/23/2011
The downtown Fort Lauderdale and beach condominium market has less than 90 days of inventory remaining, according to a report from Condo Vultures Realty. As of last Sunday, there were less than 200 condo units available for lease in the submarket, according to analysis of Florida Realtors data. I
...
08/23/2011
