Lockdown paralysis ended with a roar as luxury home buyers fled taxes elsewhere, creating a third-quarter surge in South Florida. After a whopping 55.6% drop in year-over-year luxury sales in the second quarter, third-quarter sales of existing homes skyrocketed by 65.2% for single-family houses and by 18.2% for condos when compared with the same period …
Why Home Prices May Be Rising During the Pandemic Many sellers are reluctant to cut prices. Realtor.com: About 4% of sellers cut their prices in the week ended April 25, down from 5.7% in the same week last year. THE LATEST INFORMATION ON CORONAVIRUS FOR REALTORS IN FLORIDA Florida Realtors is monitoring everything regarding how the …
What Is a Good Credit Score to Buy a House? By Daniel Bortz | Feb 11, 2019 If you’re hoping to buy a home, one number you’ll want to get to know well is your credit score. Also called a credit rating or FICO score (named after the company that created it, the Fair Isaac …
Ask a real estate pro: Can board pass this latest special assessment? Owner of Gibraltar Title, Board-certified real estate lawyer Gary M. Singer writes about the housing market in the Sun Sentinel each Monday. Q: Our association is specially assessing all of the owners several extra payments to fund a refinance of a loan we …
“Renovating my house was a piece of cake,” said no one ever. Indeed, even seemingly simple projects, like installing a screen door, staining hardwood floors, or refacing kitchen cabinets, can surprise homeowners with unexpected challenges and ever-escalating costs. And the problems multiply if you make certain all-too-common mistakes. We’re not trying to discourage you from …
Ask a real estate pro: House encroaches on utility easement — is this a problem? Owner of Gibraltar Title, Board-certified real estate lawyer Gary M. Singer writes about the housing market in the Sun Sentinel each Monday. Q: My house was built 2 feet into the utility easements. There is a utility pole with electric …
Can you negotiate rent? While rental leases may appear set in stone, they’re more flexible than many tenants think—so if you think your rent is too damn high, it’s definitely worth speaking up. Negotiating rent with a landlord might seem like a hard battle to win, but it’s entirely doable if you can prove two things: 1) the …
iStock Everybody loves a bargain. But getting one handed to you, gift-wrapped, in this housing market? Fat chance. Limited inventory has boosted prices, and in many cities, sellers have the big end of the stick. It’s rare to see buyers scoring a fabulous house in a desirable neighborhood for thousands of dollars under asking price. …
Can my community stop me from parking a truck in my driveway? BY:Owner of Gibraltar Title, Board-certified real estate lawyer Gary M. Singer writes about the housing market in the Sun Sentinel each Monday. Q: Why is it that community associations don’t allow trucks or commercial vehicles to be parked in driveways overnight? This country …
Does anyone who is not from the other side of the galaxy really need to ask, “What is a bedroom?” Actually, yes. Welcome to the nuances of real estate speak, where not everything is as it seems. There are, in fact, a number of details that make a room a “bedroom”—and both home buyers and …