Thu Feb 9, 2023 on Florida Real Estate
While mortgage rates are still well above the 3% range from a year ago, the average 30 year home loan rate has fallen a full percentage point for the high 7% in November, bringing new buyers into the housing market. In fact, mortgage applications are up reportedly by a quarter since the end of last year, and Redfin reports that the […]
Tue Jan 31, 2023 on Florida Real Estate
Homebuyers, now more than ever, are buying homes which come with all of the furniture. While it was not unusual for second home or resort community homebuyers to purchase homes including the furniture, the pandemic has brought many homebuyers in general looking not to buy just a home but also its furnishings—even if the furnishings are not for sale. Why? […]
Tue Jan 24, 2023 on Florida Real Estate
As the demand for affordable housing continues to grow, innovative housing start-ups such as Boxabl are providing an alternative to traditional home construction methods. Boxabl offers a mass-produced option for small Accessory Dwelling Units (ADUs) that can be delivered and set up in as little as two hours. Their Casita product, a 375 sq ft ADU, comes equipped with a […]
Mon Jan 16, 2023 on Florida Real Estate
With the housing market cooling down due to rising interest rates and high home prices, many homebuyers are experiencing a change of heart and “buyer’s regret” after signing a real estate contract. The question is, how can a home purchaser legally and effectively back out of the real estate contract? Navigating Real Estate Contingencies As a homebuyer, you have certain periods […]