Florida is seeing younger first time home buyers. It is no longer the norm for young adults to move from their parents’ house into the house they will share with their spouse. Many 20-somethings rent apartments and have roommates, but the money-mindful of this age group is realizing that it may be a better idea … Read more
First Time Home Buyers
Posted on May 14, 2013 byTags: Florida Real Estate
Miamis Hotel Market
Posted on May 10, 2013 byMiamis hotel market is booming this year, according to Jones Lang LaSalle’s Hotels and Hospitality Group. Experts are expecting $750 million of capital from investors into the Miami hotel market, a 12 percent increase from $600 million in 2012. “During the last decade Miami has expanded its infrastructure, built strong ties to international trade and … Read more
Tags: Business Law in Florida | Florida Real Estate
Orlando House Flippers Most Profitable in US
Posted on May 9, 2013 byOrlando has been named the best city in the nation for house-flipping according to a report released by RealtyTrac. The city was the most profitable housing market for house-flippers in 2012, with Lakeland and Tampa, Florida close behind. House flippers are investors who purchase a home in order to turn around and sell it, usually … Read more
Tags: Florida Real Estate
Canadian Real Estate Investors Face Competition from Asian Counterparts
Posted on April 30, 2013 byNow is the time for Canadian real estate investors to buy in Florida before investors from Asian countries become the new Florida snowbird. More than 500,000 Canadians currently own property in Florida, and many have made a return on their investment since 2008 when the state was one of the hardest hit in the nation … Read more
Tags: Florida Real Estate | International Law
Florida REALTORS® Lobby
Posted on April 12, 2013 byFlorida REALTORS® have a set agenda of what they will lobby for during the 2013 Florida legislative session, according to Orlando REALTOR® magazine. They will focus on five key issues: - Funding for affordable housing - Eliminating a tax on commercial rents - Capping Estoppel fees for condominium associations. (During the title search on a condo, an estoppel … Read more
Tags: Florida Real Estate
Investors Bring Life Back to Downtown Jacksonville
Posted on April 4, 2013 byA group of investors recently bought multiple buildings in Downtown Jacksonville, Florida, joining the growing trend to bring life back to the vacant buildings of the area. SouthEast Holdings, a real estate investment trust lead by Steve Atkins, bought the Laura Street Trio, which consists of the Florida Life, Bisbee, and Florida National Bank buildings. They … Read more
Tags: Florida Real Estate
Florida’s Luxury Home Markets: More Than Just Miami
Posted on April 3, 2013 byFisher Island, Florida, located off the coast of Miami Beach was named Florida’s wealthiest ZIP code by Forbes magazine, but there are many other real estate markets in Florida that offer luxury homes, including Naples, Amelia Island, and Sarasota. Naples Naples, Florida, located in Collier County, is considered the crown jewel of Southwest Florida. This … Read more
Tags: Florida Real Estate
Why Should You Hire an Attorney as Your Real Estate Closing Agent?
Posted on March 28, 2013 byA real estate closing is the final transaction of real property between buyer and seller. On the closing date, the property is officially transferred from buyer and seller, but there is much more to the closing process than meets the eye. It is a good idea to hire a real estate attorney to assist you … Read more
Tags: Florida Real Estate
If your home is NOT a Short Sale, Say So!
Posted on March 25, 2013 byIf you are selling your home and it is not a short sale, say so on the listing. Because of the housing crash and foreclosure crisis, short sales have gotten a bad rap for taking too long to close. Banks are getting better about approving short sales, but it usually takes weeks or months, and, … Read more
Tags: Florida Real Estate
Securitization Revamp
Posted on March 12, 2013 byThe Federal Housing Finance Administration announced on Monday that it plans to establish a new business entity that will be jointly owned by mortgage giants Fannie Mae and Freddie Mac. Their goal is to create a new securitization infrastructure that will revamp the US housing market and prevent future “bubbles” in the market caused by misaligned … Read more
Tags: Florida Real Estate
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