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What You Need To Know About The Florida Homestead Exemption

If, like some of our clients, you’ve recently purchased real estate in Florida or are contemplating doing so in the future, you’ll want to read this timely reminder about the Florida Homestead Exemption. I asked real estate attorney Linley B. Schatzman at Shapiro Blasi Wasserman & Hermann in Boca Raton to explain how the Florida Homestead Exemption works […]

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November Can Mean Turkey Dinners As Well As Big Expenses For Florida Homeowners

And no, we’re not talking about relatives eating you out of house and home! It’s great to be home for the holidays, and for many of us in Florida, we’re getting into the busy season when friends and family stop in for a visit, and snowbirds from up north flock our way for some sunshine. […]

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10 Hottest Markets For Vacation Homes

Daydreaming at work about that perfect getaway? Maybe it’s a cabin in the mountains, or a bungalow on the beach. If it’s a vacation home you’re looking for, proceed cautiously. That blissful dream of a second home can all too easily morph into a nightmare scenario if costs get out of hand. It’s amazing how […]

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Bubble, Bubble, Toil & Trouble: Watch Out For These Housing Bubbles

Just in time for Halloween, check out the trouble that may be brewing in these pricey housing markets. Housing affordability is reaching historic lows, and coupled with higher mortgage rates, that could mean trouble for future real estate prices. When housing becomes too expensive for most buyers, experts worry that demand will slack off, causing […]

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Manhattan Real Estate: Are Prices Headed For A Slump?

What is happening to Manhattan real estate? After years of strong demand and brisk sales, Manhattan home sellers are suddenly finding that escalating prices and tax changes are making it harder to sell a home in the Big Apple. Purchases have dropped and new listings are starting to pile up, says Bloomberg. Potential buyers may […]

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What I Learned About Financial Planning In My Week “Down Under”

It was fantastic, instructive and inspirational, but way too short.  Our whirlwind week Down Under is unfortunately over and we’re safely back home (even my suitcase, which went walkabout for three days, had the good sense to finally come home!). I had the privilege of traveling to Australia as part of the U.S. Financial Planning Association’s […]

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Why Your Florida House Is Now Worth More

Why Your Florida House Is Now Worth More

Changes in the tax law may be behind a surge in Florida luxury home prices. “The new law’s $10,000 limit on the deduction of state and local taxes is hitting owners hard in the affluent suburbs of New York City, including Westchester County, New Jersey and Connecticut,” say reporters at Financial Advisor magazine. That makes […]

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Illustration by Chris Gash - Wall Street Journal

Should You Pay Off The Mortgage?

Thoughtful article by financial journalist Robyn A. Friedman on whether it makes sense to pay off the mortgage as you approach retirement. Debt-free peace of mind Many of our clients have paid off their mortgage entirely, usually because they wanted the peace of mind of being debt-free. When we sit down to review their retirement […]

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Quote Of The Week: “Homes Getting Harder To Sell”

“Homes are getting harder to sell,” said Glenn Kelman, CEO of real-estate brokerage & website company Redfin. Kelman reported that the housing market hit a sudden and “significant” slowdown in the past few weeks that could continue through at least September. The slowdown in sales is especially pronounced in formerly fast-growing (and pricey) East and West […]

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Young Buyers Say Home Not As Sweet As They Hoped

Interesting CNBC.com article a few days ago on how 70% of young millennial homebuyers “regret” buying their home. That’s truly sad. It’s a huge purchase, and not one that can be easily or cheaply undone. So what’s turning what should be one of the happiest occasions of their lives into a major case of buyer’s remorse? These […]

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