MIAMI – Homebuyers and renters are in luck. Real estate experts predict you can expect better deals in South Florida in 2024. Thanks to a slowdown in home sales and a growing supply of residences – especially high-rises – it’ll be a good time to rent or buy, the forecasters say. Prices will lower slightly, … Read more
The media age of homebuyers is up from 39 two decades ago, suggesting finances play a critical role in homeownership. WASHINGTON – The recent shift in the demographics of homebuyers in the United States paints a concerning picture for younger generations. The median age of homebuyers has risen to 49, a significant increase from 39 … Read more
LOS ANGELES – Emily Johnson recalls her first duplex fondly — well, sort of. She rented to a friend’s sister, who ended up being “a nightmare”: The tenant smoked in the house, paid rent late and knocked on Johnson’s door at 11 p.m. with maintenance requests. Nevertheless, Johnson caught the investing bug. That experience 20 … Read more
But, experts say, while the state’s property and casualty insurance market is seeing signs of improvement, it still has a way to go. ORLANDO – The stewards of Florida’s property insurance industry refused to tamp down their enthusiasm at the Florida Chamber Insurance Summit in Orlando on Thursday. Recent legislative reforms are driving down lawsuits … Read more
The decision to rent or buy is a personal one. Anyone trying to decide should consider many factors. The decision to rent or buy is a personal one. Anyone trying to decide should consider many factors. NEW YORK – Both renting and buying come with their own set of advantages and disadvantages, and the right … Read more
MIAMI – Some people trying to buy a condominium in South Florida but getting mysteriously rejected for a mortgage could be in for a jolt: The reason they can’t get a loan may be that the condo is on a secret quasi-governmental blacklist. News media reports and data leaks to a pair of law firms … Read more
You may be able to claim ordinary activities or purchases as a cost of doing business. Anaheim, Calif. – There are three actions you need to take with your money: “Earn, keep and grow. Earn and keep more so you can invest it for growth,” said CPA and real estate tax strategist Gregory Antipoff during … Read more
Rising home prices and rents are also challenging would-be buyers to save for down payments. NEW YORK – Many would-be buyers were already feeling stretched thin by home prices that increased during the pandemic, but at least mortgage rates were low. Now that they are high, some people are just giving up, since it’s currently … Read more
Experts say couples can have a wedding and a house if they budget and set priorities. NEW YORK (AP) – Planning a wedding and buying a home are two expensive milestones in adult life. Couples with both of these goals may wonder just how they’ll pay for it all. While some couples may be fine … Read more
Fed policymakers indicated they may make three quarter-point cuts to their benchmark interest rate beginning in the second half of 2024. WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, a sign that it is likely done raising rates after having imposed the fastest string of … Read more
© 2024 Galleria International Realty
