Archive for August 2013
Florida Leads Nation in Cash-Only Home Sales
MIAMI – Aug. 29, 2013 – Florida led the nation last month with what one expert called an “astounding” rate of all-cash home sales: 66 percent, a new report shows. Investor groups, international buyers, landlords and those in the market for vacation homes are fueling a cash-only market that has virtually shut out entry-level homebuyers,…
Read MoreNEW for 2013 Property Tax Reform
In November 2012, Florida voters approved amendments to the Florida Constitution granting the following: Amended 2 – Veteran’s Disabled Due to Combat Injury; Homestead Property Tax Discount – This amendment removes from Florida Statute 196.082, the requirement that the veteran must have been a Florida resident at the time of entering the military to qualify…
Read MoreIs Generation Y Ready for Homeownership?
NEW YORK – Aug. 15, 2013 – Millennials, also known as Generation Y, have come of age during one of the most turbulent economic times in American history. And these 20-somethings still want to buy homes, despite seeing home values plummet during their formative years. “The aspiration for homeownership is still there, but they…
Read MoreNaples Bay Resort – Your Piece of Paradise!
Debra G. said of her stay in Naples Bay Resort on March 30th, 2013: Incredible Pool with Lazy River & Waterfall! The condo was beautiful. Beds were very comfortable and the kitchen was well stocked, although we did very little cooking, rather enjoying Naples fine restaurants. We enjoyed the incredible pool area which included a…
Read MoreSouth Florida Home Prices Climbing Back
MIAMI – July 31, 2013 – Seven years after the South Florida real-estate bubble stretched as far as it could, buyers continue to pump more air into the deflated market. New numbers from the S&P/Case-Shiller real-estate index for South Florida show home values up 14 percent this year. That’s the best 12-month gain since July…
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