Almost 1,000 Americans move to Florida EVERY DAY as families abandon northern cities in New York, New Jersey and Connecticut - with home sales more than doubling in the Sunshine State Dailymail.co.uk September 7, 2020 Home sales in some parts of Florida have more than doubled since the pandemic Roughly 950 move to Florida a day and many come from high-tax Northern cities in New York, New Jersey and Connecticut In Palm Beach County new single-family home contracts over $1 million … [Read more...]
Does the Current Health Crisis Have Buyers Re-thinking the Perfect Home?
The pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be giving way to either suburban or rural life (less congested). The fascination with an open floor plan seems to be fading as people are finding a need for more privacy while working from home. Recently, news.com released … [Read more...]
Think This Is a Housing Crisis? Think Again.
With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it’s logical to ask that question. Many of us experienced financial hardships, lost homes, and were out of work during the Great Recession – the recession that started with a housing and mortgage crisis. Today, we face a very different challenge: an external health crisis … [Read more...]
Looking to the Economic Future: What the Experts Are Saying
Our Economic Future As our lives, our businesses, and the world we live in change day by day, we’re all left wondering how long this will last. How long will we feel the effects of the coronavirus? How deep will the impact go? The human toll may forever change families, but the economic impact will rebound with a cycle of downturn followed by economic expansion like we’ve seen play out in the U.S. economy many times over. Here’s a look at what leading experts and current research … [Read more...]
Five Good Reasons to Become A Florida Resident
Tax-Friendly Florida - Florida might offer the best homestead exemption in the country Many states raise tax rates when they're struggling to collect revenues. The well-to-do and even the not so well-to-do begin looking for ways to minimize their income tax obligations. And some states with income taxes also collect state death taxes as well. When these two taxes are coupled together, it can provide a huge incentive for individuals to look for a more desirable and less taxing place to … [Read more...]
Staging your Luxury Home to Sell
Staging for Success According to National Association of REALTORS® 2017 Profile of Home Staging, seventy-seven percent of agents representing buyers said that a staged home helped their buyer visualize themselves living in the home and forty-nine percent of those agents said that staging a home impacted their buyers’ impression of the property. Staging a home for sale has also shown an effect on buyers’ offers to purchase the home. Offers are augmented between one to five percent for a staged … [Read more...]
Americans’ Favorite Long-Term Investment
Survey: Real Estate Is Back as Americans’ Favorite Long-Term Investment Stocks have long been the most glamorous of the major asset classes. Many a Hollywood film has centered around making fast money in the stock market, and becoming a Wall Street big shot. But despite their great long-term returns—they’ve averaged about 10 percent annually for decades—stocks are no longer Americans’ favorite long-term investment. What is? According to a nationwide Bankrate survey, it’s real … [Read more...]
Tile: now comes in a myriad of looks and colors
Turn to tile for a high-impact finish that can offer design choices from traditional to modern. Tile trends for 2019 will appeal to those who like their home decor bold, dramatic and colorful or more subdued, timeless and classic. “The tile world is in consistent evolution,” said Laura Grilli, senior product development manager at manufacturer Daltile. Innovation is the key not only from a design standpoint but in terms of technology and installation, she said. Tile Uses and … [Read more...]
Florida Is the Big Winner as the Wealthy Move Out of Northern States
Roughly 5 million Americans move from one state to another annually and some states are clearly making out better than others. Florida and South Carolina enjoyed the top economic gains, while Connecticut, New York and New Jersey faced some of the biggest financial drains, according to a Bloomberg analysis of state-to-state moves based on data from the Internal Revenue Service and the U.S. Census Bureau. Connecticut lost the equivalent of 1.6% of its annual adjusted gross income, as … [Read more...]
The Quiet Side of Florida – Discover Useppa Island
Discover Useppa Island - Southwest Florida's Paradise Coast provides a stark contrast to the I-95 corridor and high rise beach development of some of the more populated areas of Florida's east coast. Just imagine, 25-miles of pristine barrier islands, from Sanibel north to Boca Grande, with a 3-story height limit, and an ecosystem largely preserved as it was 100 years ago. Now, imagine forever views of sea, sky and foliage, to the north and south along Pine Island Sound. A protected area … [Read more...]