South Florida On The Market

Article Submitted by  Fixr.com With warmer weather and longer days, summer is the ideal time of year to take on a project in or around your home. Many contractors and other pros often find this time of year a little slower, as many homeowners are waiting until fall to tackle big interior projects, which means that you’ll have an easier time finding the right person for the job. These eight projects are designed to add value to your home, without breaking the bank at the same time. Tackling them now will make your home more comfortable for the coming months, while ensuring that you can get maximum ROI when the time comes to sell. 1. Fix Window Leaks Air gap around your windows could be driving your air conditioning bill up higher than it needs to be this summer. Old or leaking windows can cause you to lose  as much as 20% of the energy  you use to heat and cool your home, which can also make it less comfortable as well. There are two ways to fix window leaks: installing new

RISMEDIA, Tuesday, December 29, 2015— The average time to close a loan increased by three days to 49 total days in November, the longest time to close since February of 2013, according to the latest Origination Insight Report released by Ellie Mae®. The average time to close FHA, Conventional and VA loans all increased to 49, 49 and 50 days, respectively. The increase could be due to lenders adjusting to the new RESPA-TILA (Know Before You Owe) regulations. Ellie Mae’s data also shows that the average FICO score on all closed loans fell to 721, marking the sixth consecutive month of decline. The driver of the FICO reduction appears to be average FHA refinance FICO scores falling for the second straight month to 648. Closing rates for all loans reached their highest point, 68 percent, since Ellie Mae began tracking data in August of 2011. The closing rate on purchase loans increased to 72 percent. “We are beginning to see the anticipated impacts of the Know Before You Owe changes that w

ORLANDO, Fla., Aug. 11, 2015 – Florida ’ s housing market reported more closed sales, higher median prices, more pending sales, and fewer days on the market during the second quarter of 2015, according to the latest housing data released by Florida Realtors ® . Closed sales of single-family homes statewide totaled 77,724 in 2Q 2015, up 15 percent over the 2Q 2014 figure. “Florida’s housing market continued its positive momentum during the second quarter, with increased demand from buyers and fewer distressed property sales,” said 2015 Florida Realtors President Andrew Barbar. “In another positive indicator, new listings for single-family homes over the three-month-period rose 4.6 percent year-over-year, while new townhouse-condo listings rose 1.6 percent.” The statewide median sales price for single-family existing homes in 2Q 2015 was $200,000, up 11.1 percent from the same time a year ago, according to data from Florida Realtors Industry Data and Analysis department in part

Great investment opportunity in North Miami, FL! Central location, close to Aventura, grocery store, banks, shoppes and much more! Spacious 1 bedroom, 1.5 baths in need of some updating. Updated units like this one have rented for anywhere from $950 to $1,000 per month! Unit comes partially furnished at no extra cost. Contact me for more info.

  Enjoy living in Downtown Coral Gables. Well kept 2/2 with amazing views from private balcony. Great central location, walking distance to Miracle Mile, Restaurants, shops, library, food market and more. 24 hr concierge, pool, gym, jogging path & gated covered parking garage. For Rent #607 & #601 2 bedrooms/ 2 bathrooms plus den. Asking $2,500 For Sale  #606 2 bedrooms/ 2 bathrooms completely remodeled. Asking $379,000 More units to come on the market soon...

Is your state or local government trying to raise the amount of taxes you pay on your home? Think nothing can be done about it? You’re wrong. Across America, state and local Realtor® Associations have been hard at work protecting your wallet and your home from costly new and increased taxes. As a homeowner, you already suffer a large tax burden: About 10% of your income goes to state and local taxes.  It takes you 40 days to pay that (that’s not counting federal taxes, either). Reminds us of that famous quote from President Reagan: “The taxpayer: that’s someone who works for the government but doesn’t have to take a civil service exam.” But when you factor in your home, you’re paying much more in taxes. Local governments count on real estate for almost 75% of tax revenues.  Combined, about 35% of average state and local tax revenue comes from real estate. In some states it’s even higher. Take, for example, Florida, where that rate is a whopping 43%. State and local taxes al

A property investment frenzy is leading to an unprecedented surge in sale prices at Miami Beach’s Lincoln Road mall. And real estate experts believe the upward pricing trend is not going to stop anytime soon. In May, 818 Lincoln Road — home to Miami-based artist Romero Britto’s gallery — traded for $34.5 million . Montreal-based 818 Lincoln Corp. paid $4,119 a square foot for the two-story building. That deal followed the January purchase by New York-based Imperium Capital and Centurion Realty of a 10,000 square foot building at 643-657 Lincoln Road for $33 million, or about $3,300 per square foot. One broker, Ackman-Ziff principal Robert Kaplan, told The Real Deal Lincoln Road sale prices could eventually surpass $6,000 per square foot. Kaplan, who is marketing 800-810 Lincoln Road on behalf of nonprofit organization ArtCenter/South Florida, cites a shortage of high-quality buildings on primary Lincoln Road intersections as the driver for rent and sale price gains. Prices bega