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Category: Florida Real Estate

Florida: The Fastest Growing State and The Real Estate Market

Tue Dec 27, 2022 on Florida Real Estate

Florida: The Fastest Growing State and The Real Estate Market

According to a 2022 Census report, Florida now is the fastest-growing state for the first time since 1957 and the third largest state besides California and Texas. Florida’s population increased by 1.9% to 22,244,823 between 2021 and 2022. Since 1946, Florida’s percentage increase in population has fluctuated but remained positive. The advent of air conditioning in the 1950s brought increased […]

Are Foreclosures Necessary to Creating a Healthier Housing Market?

Tue Dec 13, 2022 on Blog & Florida Real Estate

Are Foreclosures Necessary to Creating a Healthier Housing Market?

Foreclosures and Loosening Credit: Reevaluating Risk In a perfect world, there would be no foreclosures, as people would have enough resources to make their monthly mortgages. We all can agree that the substantial number of foreclosures during the Great Recession was painful (some estimates indicate that 3.8 million homeowners lost their home to foreclosure from 2007 to 2010); however, the […]

Homeowner Benefit Agreements

Tue Dec 6, 2022 on Florida Real Estate

Homeowner Benefit Agreements

Who Really Benefits? Homeowner Benefit Agreements are a type of controversial residential listing agreement between the homeowner and a real estate broker. For an upfront fee paid by the real estate broker to the homeowner, these agreements provide that the real estate broker will be the exclusive listing agent for the future sale of the homeowner’s property and shall be […]

The Housing Market Is Not as Bad as You May Think

Thu Nov 10, 2022 on Florida Real Estate

The Housing Market Is Not as Bad as You May Think

With mortgage interest rates breaking 7% as the Federal Reserve attempts to quell inflation,  there is much “doom and gloom” news about the housing market. The National Association of Realtors report decreased home contracts falling for the fourth straight month in September, down 31% compared to last September.  A typical homebuyer in October paid 77% more on their loan per […]