Thinking of moving to Florida? If so, you are not alone. People are moving to Florida more than any other state except Texas. So, why are people moving to Florida? Sure taxes are relatively low, there is economic opportunity but the main reason is this: The warm temperature is still the main driver of relocation […]
What Is The Real Price of A Home?
What is the real price of a home? It is almost reflexive to say that home prices are high these days. “Of course they are high and going higher every day”, according to popular opinion. We always like to look at the data in Alachua County and Marion County to see what is happening in […]
Surge in New Construction Homes
There was a surge in new construction of single-family homes in November, driven by robust demand and lower interest rates, as reported by the National Association of Home Builders (NAHB) on Tuesday. The overall housing starts rose by 14.8% in November, reaching a seasonally adjusted annual rate of 1.56 million units, according to a joint […]
Florida Hometown Heroes Program
The Florida Hometown Heroes Program is still available to help first time home buyers get into a home. There are some builders in North Central Florida who work with lenders using Hometown Heroes as an option. The thing to know is that not every lender is participating in this program. We have a list of […]
Buying A Home Is Stressful Says New Study
A recent Qualtrics study commissioned by Redfin indicates that U.S. homebuyers find the process of purchasing a home to be more anxiety-inducing than dating. Redfin’s Chief Economist, Daryl Fairweather, commented on the findings, stating, “While getting ghosted by a date can be stressful, buying a home in today’s market introduces a unique set of anxieties. Rising housing […]
Could Fall 2023 Be a Good Time To Buy?
Over the past year, US home prices have experienced an increase due to elevated mortgage rates. Nevertheless, Zillow suggests that now is a good time to buy a home, provided you have the financial means. Zillow’s assessment is grounded in their analysis indicating a greater number of sellers are becoming more flexible with their asking […]
Florida Becomes 2nd Most Valuable Real Estate Market
According to Zillow, Florida has now taken the second spot in the U.S. housing market, surpassing New York. This shift is largely attributed to Florida’s rapid population growth during the pandemic, which caused the state’s real estate market to surge from about $2 trillion in January 2020 to $3.8 trillion in June. Having Florida 2nd […]
10 Things to Know About Buying a Condo
If you’re considering buying a condominium in Gainesville, Florida, there are several key aspects to keep in mind. Here’s are 10 things to know about buying a condo: Should you rent or should you buy? – Renting will cost a minimum of $450 to rent a room up to $2000 or more for a full […]
Understanding Home Inspections
As a buyer, a understanding home inspections is a crucial step in the homebuying process. It helps you understand the condition of the property you are considering purchasing and identify any potential issues or repairs that may need to be addressed. Here’s what you need to know about a home inspection: 1. Purpose: The primary […]
Understanding the Difference Between Production Builders and Custom Builders
We think new construction is a great approach to purchasing a home now due to the strong incentives builders are offering. Lower interest rates, cash towards closing and free upgrades are commonly seen depending on the home and how far along it is. Of course, these incentives are coming from production builders such as DR […]