Corona Virus and Real Estate
Who hasn’t heard of the Corona virus / Covid-19 by now and what’s going on in the world. But even that dark cloud is producing a silver lining of sorts for home buyers. It’s also presented a new and unique challenge on how we will conduct business as real estate agents, buyers and sellers. The Corona virus / Covid-19 is not just a health issues and global pandemic, it also affects our economy, including the housing market. It’s amazing how much our world has changed and how what happens in one part of the world can affect our local economy. In 2003, the SARS epidemic hurt the Chinese economy. The…
Licensed Vs. Unlicensed Contractor
Should you hire a licensed or unlicensed contractor to make changes to your home? It seems every week, I am reading on our local social media groups about someone who hired a contractor and it ended badly. Many report they gave 50 percent or more down-payment to the contractor to start the work. Then it goes downhill from there. From a contractor starting the work and never coming back to finish….Or them not showing up at all once they got the money! It pays to understand that a contractor’s main purpose is to coordinate and orchestrate a group of tradesmen/women hired to actually do the work. The issue really is…
3 Factors For Choosing A Neighborhood
Here are 3 of the most important considerations as you search for the right community to call home
Questions For Your Home Builder
Choosing your home builder can make or break your home construction experience. You’ve purchased your plot of land, got your home plans and you have narrowed down your list of potential home builders….now what? I have had 2 new homes constructed, and I can tell you the process of building a home is different in a planned urban development where you have a selected number of plans to choose from, versus building a custom home. When you purchase a home in a PUD, you deal with their agent or office personal. When building a custom home, you get to speak directly with the home builder throughout the project. This article…
Buy Your Dream Home in 2020
Aaah, the Dream home, the wish of every buyer! Finding the perfect time to buy your dream home is a challenge that requires research and a bit of luck. While timing the purchase perfectly might be desirable, the truth is the right time is a personal decision. As we enter 2020, you might be wondering if this is the right time to buy your dream home. With a strong economy, low unemployment and higher household income, there are 3 great reasons why you should consider buying that dream home this year. 1. A Home is a Great Investment – Real estate remains one of the best investments one can have.…
Housing Supply At All-Time Low
If you have been searching for a home in the past year you know that housing supply is at an all-time low! Whether you are a buyer or a seller, this impacts you in a few ways. Realtor.com states that the current housing supply has dropped over 13% since January. This is the steepest year over year decline in the housing inventory in over four years; and reflects the lowest housing supply since 2012. In Florida, four cities were tracked and showed a decline in housing inventory of between 10 and 20%. The bad news for home buyers is that there appears to be no signs that the housing supply…