Average sale price The average sale price reported for the month (i.e. total sales in dollars divided by the number of sales) Economists’ note: Usually, we prefer Median Sale Price over Average Sale Price as a summary statistic for home prices. However, Average Sale Price does have its uses—particularly when it is analyzed alongside the […]
Florida Real Estate Taxes
Navigating Florida Real Estate Taxes: New Buyers, Buckle Up! So you’ve decided to dive into Florida’s sunny real estate market? Fantastic! Just make sure you’re wearing your financial sunscreen because Florida’s property taxes can be a bit, well, scorching. The Basics of Florida’s Property Tax System Florida: where the beaches are hot, the theme […]
Best Home for the Budget
Finding the Perfect Fit and Best Home for the Budget Welcome to the ultimate guide for people on a quest for their dream home without breaking the bank! Whether you’re a growing family looking for more space or a savvy shopper aiming to stretch every dollar, this blog is your one-stop shop for finding the […]
The Value of an Agent When Buying Your New Construction Home
Purchasing a new construction home can be an exciting and rewarding endeavor, offering the chance to customize your living space and enjoy the benefits of modern design and amenities. However, navigating the complexities of the new construction real estate market can be a challenging task, and that’s where the expertise of a real estate agent […]
Four Ways You Can Use Your Home Equity
Home equity is a valuable asset that many homeowners possess, and it can be a powerful tool for achieving various financial goals. Home equity is the difference between the current market value of your home and the outstanding balance on your mortgage. As your property’s value appreciates over time and you continue to make […]
Home Prices Are Back on the Rise
In the aftermath of the 2008 financial crisis, the real estate market faced an arduous journey to recovery. A decade of fluctuating home prices, economic uncertainty, and housing market instability followed. However, as of late, a remarkable trend has emerged—the resurgence of home prices. The real estate sector has witnessed a steady and robust increase […]
Where Are People Moving Today and Why?
The global landscape of residential relocation is undergoing a profound transformation, fueled by a confluence of factors that are reshaping where people choose to live and why. In an era defined by technological advancements, changing values, and evolving work dynamics, the patterns of human migration are complex and dynamic. This article delves into the multifaceted […]
Why Median Home Sales Price Is Confusing Right Now
In the ever-fluctuating landscape of the real estate market, one metric that has long been used to gauge the health and direction of the housing sector is the median home sales price. However, as we find ourselves navigating a complex and unprecedented era, this once-trusted metric has become increasingly perplexing and enigmatic. In this article, […]
The Benefits of Downsizing for Homeowners
In today’s fast-paced world, where the accumulation of material possessions is often equated with success, the concept of downsizing may seem counterintuitive. However, an increasing number of homeowners are realizing the numerous benefits that come with downsizing their living space. Downsizing refers to the deliberate choice of moving into a smaller, more manageable home. This […]
Why You Shouldn’t Fear Today’s Foreclosure Headlines
Foreclosure is a term that strikes fear into the hearts of homeowners and potential buyers alike. It conjures images of financial ruin, lost dreams, and uncertainty. However, in today’s fast-paced media landscape, it’s crucial to examine foreclosure headlines with a critical eye and understand why you shouldn’t fear the foreclosure headlines. In this article, we […]