Real Estate Blog

Florida mansion sales surge as tax exiles seek savings

For the past year, Florida real estate agents have been actively courting wealthy Northeasterners who took a hit from the Trump administration’s tax overhaul. Now signs are emerging that some of those disgruntled taxpayers are indeed jumping at the chance to cut their tax bill by moving to Florida.     Luxury sales...

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2019 a Buyer's Market! Housing market will be slower, steadier as higher interest rates weigh on prices.

It looks like 2019 could be a buyer’s market in real estate, but that’s not necessarily a good sign for the economy. Home prices, while still higher than a year ago, are pulling back in most major markets, according to a report released Wednesday. Values in November were 5.1 percent higher...

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For Third Straight Month U.S. Housing Inventory Grows...

After nearly four years of annual declines in inventory, the number of homes for sale has now increased year-over-year for three straight months.   That’s a bit of good news for home shoppers who face less competition as homes stay on the market for longer. But inventory levels are still well below...

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Miami Enjoys Over $3.1 Billion in Residential Sales in Q3

According to the Miami Association of Realtors, total Miami-Dade County home sales surged 15.2 percent in 3Q 2018 as median prices for all properties rose for the 27th consecutive quarter.Total Miami sales rose 15.2 percent, from 5,895 to 6,792. Miami condo transactions jumped 16.7 percent, from 3,021 to 3,524. Miami...

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Mortgage Rates in U.S. Decline in Early November!

According to Freddie Mac's most recent Primary Mortgage Market Survey for November 2018, U.S. mortgage rates dropping slightly after last week's increases.       Sam Khater, Freddie Mac's chief economist, says, "While higher mortgage rates have led to a decline in home sales this year, the weakness has been concentrated in expensive segments...

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Miami Home Sales Spike 35 Percent Annually in September...

  According to a new report by the Miami Association of Realtors, total Miami-Dade County home sales in September 2018 surged 35.7 percent last month a year after Hurricane Irma brought minimal damage and stalled hundreds of sales in September 2017.Miami-Dade single-family home sales jumped 43 percent year-over-year, from 684 to...

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Miami-Dade County Monthly Dollar Volume of Sales for Single Family Homes

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Homebuying in the fall: 6 good reasons not to wait for spring

Spring and summer have long been considered the best time to buy a house. Their seasonal sibling, fall, is usually hidden under a mound of leaves. After all, potential buyers are thinking more about spooky houses and houses filled with the aroma of roast turkey; they aren’t thinking about house-hunting....

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Florida neighborhood ranks best for real estate buying and investing

A real estate research firm has picked a neighborhood in Southwest Florida as the "best neighborhood" in the United States based on schools, crime and other factors. The Pine Ridge neighborhood in Naples, Florida, was the nation's best based on six criteria: affordability, home price appreciation, school scores, crime rates,...

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What Should Buyers Look For In A Home?

When you're planning on buying a house in the near future, you're subject to lots of advice. Buyers should consider the quality of the schools, their commute to work, the neighbors, and any noise when thinking about purchasing a house. I always stress to my clients: Pay attention to the...

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  • Lazaro Lopez, PA , Broker-Associate
  • Fortune International Realty, Inc.
  • Cell: (786) 525-9430
  • 1390 Brickell Ave, Ste. 104 Miami, FL 33131
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