Fort Lauderdale Real Estate

Why Does It Still Feel Like a Seller’s Market?

RE usually sees cycles between buyer’s and seller’s markets, but this time it’s a bit different. Supply vs. demand hasn’t changed because both sides pulled back. SEATTLE – New listings fell 21.8% year-to-year during the four weeks ending April 2, one of the biggest drops since the start of the pandemic, according to a Redfin … Read more

RE Q&A: What’s the Right Way to Plan My Estate?

There is no “right way” to plan an estate – but there are wrong ways. Plans could include wills, life estate deeds, trusts and joint tenancy, individually or in combination. FORT LAUDERDALE, Fla. – Question: My daughter wants me to put my apartment into a joint tenancy with survivorship to make things easier when I … Read more

Changing Market: More VA-FHA Loans, Cash Sales

31% of U.S. Dec. sales were for cash, though Fla. percentages ran as high as 52% in West Palm Beach. VA and FHA loans also rose in most Fla. metro areas studied. SEATTLE – Roughly one-third (31.2%) of U.S. home purchases were  cash sales in December, according to a report from Redfin. That’s up from … Read more

RE Q&A: What if a Condo Manager Ignores Emails?

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Email creates a good written record, but it can also go directly to junk folders. If it doesn’t seem to work, pick up the phone and call a condo manager directly. FORT LAUDERDALE, Fla. – Question: Several months ago, I discovered a large hole in the building’s exterior that exposed the inside of the wall … Read more

Square Footage Costs Higher in Suburbs than Cities

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A fall study comparing price-per-square-foot costs found the highest increase in urban areas of Fla., notably hurricane-hit Cape Coral, North Port and Tampa. SEATTLE – As home prices fall fastest in cities and mortgage rates rise, the value of a square foot in the suburbs has caught up with that of urban centers, according to … Read more