Fort Lauderdale Real Estate

Florida Housing Markets Poised for 2025 Growth

Florida housing markets are set for 2025 growth with affordable homes, new construction and their appeal to younger, diverse buyers, Realtor.com said. SANTA CLARA, Calif. — Nine metro areas in Florida rank among the top 100 U.S., housing markets that are primed and ready for growth in 2025, standing out for their affordability, inventory gains driven … Read more

Condo Owners: Can We Sell Our Fla. Condo Remotely?

Real estate Q&A: Yes, but it requires more planning and take precautions. Someone you trust could act on your behalf, or there are remote online notarization options. FORT LAUDERDALE, Fla. — Question: We want to sell our condo in Florida, but traveling is getting more difficult because of our age. Is it possible to do this … Read more

Redfin: Big Jump in Existing Home Sales

October existing home sales rose 1.6% month over month and are on track to finish this year higher than last year. SEATTLE — Existing home sales rose 1.6% month over month in October — the biggest gain since January 2022 — to a seasonally adjusted annual rate of 4,179,346, according to a new report from … Read more

Who’s Responsible for Landscaper Damage?

If an HOA hires a contractor who then causes damage, the HOA shares the responsibility for addressing those damages. Take clear photos of the damages. FORT LAUDERDALE, Fla. — Question: The landscaper hired by our HOA for the community damaged a large hedge in our yard that now must be replaced. My HOA says the … Read more

Rising Rates Haven’t Slowed Pending Sales

Pending home sales posted their biggest increase since 2021 recently, but some house hunters are starting to pull back, Redfin said. SEATTLE – Pending U.S. home sales rose 3.2% year over year during the four weeks ending October 13, the biggest increase in three years, according to a new report from the real estate brokerage … Read more

What to Do if a Hurricane Damages Your Home

Preparation is the key to navigating hurricane damage. Before any storm, check insurance policies for coverage and take a home inventory. FORT LAUDERDALE, Fla. – Question: With hurricane season heating up, I am concerned I will not know what to do if a storm damages our house. How can we be prepared and ensure that … Read more

RE Q&A: How Long Should I Keep Condo Sale Records?

Financial pros generally recommend keeping financial records for seven years. Check with the IRS and state tax collectors’ websites for the specifics. FORT LAUDERDALE, Fla. – Question: I helped my father sell his condo in 2017 and have been storing the paperwork from when he originally purchased it to when he sold it. I want … Read more

Am I Responsible for a Tenant’s Water Damage?

Real estate Q&A: When a tenant installs an unauthorized water filter that caused extensive damage, who is responsible? You are likely accountable for damages. FORT LAUDERDALE, Fla. – Question: Our tenant installed a water filter directly into the plumbing without our knowledge. This caused a leak that drained through the floor and damaged the unit … Read more

Redfin: Typical Monthly Housing Payment Drops

Mortgage rates dropped to their lowest level in months. Four Florida cities lead the nation with biggest YoY median sale price increases and new listings. SEATTLE — The typical U.S. homebuyer’s monthly housing payment was $2,722 during the four weeks ending July 14, $115 lower than April’s all-time high, according to a new report from … Read more