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sun sentinel June 24 tax

Florida Attracting Tax Refugees From Up North

More northerners in high-tax states are cashing in their real-estate chips to move to places like Florida, reports the South Florida SunSentinel. Real estate pros say “a steady flow of tax refugees” is heading to the Sunshine State from places like New York, New Jersey and Connecticut. Some real estate experts in the know claim that […]

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Mortgage Rates Drop Below 4% Again, Giving A Boost To Home Sales

Buying or selling a home? Bet you didn’t think 30-year fixed mortgage rates would be back under 4% again! That’s a percentage point below where rates were at the end of last year, helping to encourage more buyers to get into the market and making homes more affordable and easier to finance. Mortgage rates have […]

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Learning From A Pro: Investing In Real Estate

Quick shout out to my college friend Cliff Hockley (CMC ’79) on his new book “Successful Real Estate Investing: Invest Wisely, Avoid Costly Mistakes and Make Money.” It’s entertaining and insightful; must-reading for both new and experienced real estate investors. The book is organized into short, easy-to-read chapters with real life examples of real estate […]

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Renting Vs. Buying: Which Makes You Richer Over Time?

A client asked us recently whether it’s better to buy or rent a new home. That’s an important question, since a family’s home is often its most valuable asset. And of course, the “right” answer can change with time. To help answer the question, I dove into some exhaustive academic research published a few months ago […]

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More Wealthy Northerners Relocating To Sunny Florida

The great real estate relocation may be underway. “Luxury sales are slowing across the country, from New York to California, but they’re rising in South Florida,” reports Bloomberg, which says million-dollar plus home sales jumped as much as 15% in our area at the end of 2018. What’s behind the surge? Real estate brokers say […]

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Fore! Is Life On The Links The Right Move For You?

For many people, living in Florida in a golf club community is about as good as it gets. The weather is balmy, the houses are beautiful, the landscaping is lush, and of course, there’s golf just outside your door. The appeal of golf club living draws many people to South Florida communities that offer year-round […]

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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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