#Florida Real Estate Market In 2022

[deborahmorrishometeam]

Today's Market Minute 29 December 2022 - Sanford, Florida

Today's Daily Local Market Update, taken from the Real Estate Resource Center at Realtor.com, is for Sanford, Florida, located in Seminole County. There are currently 510 Homes for Sale and 238 Homes for Rent in Sanford. The Median List Price for a home is $355,000, a 14% increase year-over-year. The Median Closing Price - $329,000 a 2% increase year-over-year.; and the Median Price per Square Foot - $218 per square foot - a 14% increase year-over-year. Homes are averaging 70 Days on the Market - an increase of 9 days from the previous month's number of 61 days on the market. 

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The Deborah Morris Home Team, with Keller Williams Advantage Realty, is a team of REALTORS® serving the surrounding Metro Orlando areas of Central Florida. Our specialty is helping home buyers who are relocating to our beautiful cities, and Sellers looking to sell their home using the power of video. 

We are grateful for all you subscribers, both customers and REALTORS®, so thanks for watching! If you want to talk to us about real estate in the Central Florida area, feel free to email us at info@deborahmorrishometeam.com. 

00:00 Today's Market Minute - Sanford, Florida 

00:14 Housing Market Stats - Sanford 

00:50 How to Contact Us

[msclaritea]

How Wall Street bought single-family homes and put them up for rent

Institutional investors may control 40% of U.S. single-family rental homes by 2030, according to MetLife Investment Management. And a group of Washington, D.C., lawmakers say Wall Street needs to back away from the market.

"What we're saying is don't have private equity buying up single-family homes," said Rep. Ro Khanna, a Democrat representing California's 17th Congressional District. Khanna is the lead author of the Stop Wall Street Landlords Act of 2022. "What's outrageous is your tax dollars are helping Wall Street buy up single-family homes," he said in an interview with CNBC.

The single-family rental industry got its start with government backing in the fallout after the 2008 financial crisis. "It was that rare opportunity that attracted the institutions to build a portfolio out of these foreclosed properties," said Steven Xiao, an assistant professor of finance and managerial economics at the University of Texas at Dallas.

Since the early 2010s, Tricon Residential, Progress Residential, American Homes 4 Rent and Invitation Homes have each bought thousands of homes. They've also added to the housing supply in some cases with built-for-rent communities.

Some of these companies are financed by private equity firms such as Blackstone and investment managers such as Pretium Partners.

"It's almost a captive market," said Jordan Ash, director of labor-jobs and housing at the Private Equity Stakeholder Project. "They've been very explicit about how people are shut out of the homebuying market and are going to be perpetual renters."

These calls come after fierce housing inflation hit many Sun Belt states, including Texas, Florida and Georgia, according to the National Association of Realtors.

The prices in some Sun Belt markets have outpaced national figures for rent inflation, according to research compiled by Zumper for CNBC. Between January 2020 and January 2023, rents for a two-bed detached home increased about 44% in Tampa, Florida, 43% in Phoenix, and 35% near Atlanta. That's compared with a 24% increase nationwide.

Industry advocates argue that they do not control enough market share to dictate prices in any market. Large institutions owned roughly 5% of the 14 million single-family rentals nationally in early 2022, according to analysts.

By 2030, the institutions may hold some 7.6 million homes, or more than 40% of all single-family rentals on the market, according to the 2022 forecast by MetLife Investment Management.

In the short term, however, some companies may retreat from the real estate market as correction concerns mount. "You will see some selling by us," said Jon Gray, Blackstone's chief operating officer, in a December 2022 interview with CNBC.

Included in this should be the billions of dollars worth of property bought by COS, most of which sits empty and the 1000s of acres Bill Gates has been purchasing. All of this to put a squeeze on home and property buyers.

[ericgunther]

Palm Beach County Real Estate Prices GROW in Beginning of 2023!

The results are in and Palm Beach County real estate values have GROWN in January 2023 versus January of 2022! Single family home prices are up 4.9%.  Townhouses and Condominiums are up 5.1%.  Data from Beaches board of Realtors shows this grow and is great news for homeowners, sellers, and buyers confirming stability and comfort in our local Florida real estate. 

Palm Beach County, Florida is currently experiencing a significant growth in real estate prices. According to recent data, the median home value in the county has increased, making it one of the fastest-growing real estate markets in the state.

There are many reasons for this growth, one of which is the state's overall attractiveness as a place to live and work. Florida has long been a popular destination for retirees and snowbirds looking for warm weather and sunny skies. However, the state has also become a hot spot for young professionals and families seeking a lower cost of living and better quality of life.  A strong school system with A ratings has also helped families make the choice to live the Florida lifestyle for entire families. 

One of the main reasons real estate prices in Palm Beach County are continuing to rise is due to its strong job market. Remote work has become a reality and unlike ever before people have the opportunity to work and live in Florida.  As technology applicable to business advances, the choice to live in Florida is likely to continue.  Local employment opportunities in the area have been increasing steadily, creating more demand for housing and pushing up home values. The county’s infrastructure and growing number of businesses also make it an attractive option for those looking to move or invest in a property.

The state's low taxes and lack of a state income tax are also attractive to buyers, particularly those coming from high-tax states like New York and California. With more and more businesses embracing remote work and the ability to work from anywhere, Florida's appeal as a tax-friendly and affordable place to live is only expected to increase.

Furthermore, Palm Beach County is one of the most desirable places for lifestyle due to its warm climate and easy access to beaches, boating, fishing, shopping, and entertainment. Florida in general has a lot of value to offer for the dollar.  Weekdays and evenings can often feel like weekends as social hubs like Palm Beach Island and Delray Beach are busy with shopping and dining every day and night of the week.  It makes sense that warm weather, luxury living, and work life balance are reflected in our property values.  

However, the growth in real estate prices has not been without its challenges. The rise in home values has made it more difficult for first-time buyers and lower-income families to enter the market, creating concerns about affordability.

Florida home prices are showing to be solid in comparison than the national average because of the county’s desirable location and many attractions.  Analysts predict Palm Beach County and Florida in general to hold value and are likely inch forward year over year due to our unique value proposition a top place in the world to live!

Contact Greenfield Waters Florida Realty and learn more about your property value and to discuss where Floridians are moving to find value!

It’s our pleasure to help,

Eric Gunther

www.greenfieldwaters.com

[singaporebridging]

Top 10 U.S. Cities with the Highest Rental Yield

Cities across the U.S. have seen some of the highest rental yields to date. From 2020 to 2021, home sales prices rose approximately 20%. That’s great news for real estate investors that held property pre-pandemic, but with low inventory and rising rates forcing the owner-occupied borrowers out of the market, opportunities for high-yield U.S. investment properties are abundant. Here are the top 10 U.S. cities with the highest rental prices and most affordable properties.

Houston, Texas 

The lack of affordable single-family homes has created a demand for rental properties in Houston. Its strong job market makes it a solid play for investors of these types of properties. 

Average Purchase Price: $496,930 

Average price/sqft: $155 

Average Rental Income: $3,455 

Arlington, Texas 

Arlington, a city in north Texas, is ranked 12 on the list of the top places in Texas to purchase a home, according to Policygenius. At $275,745, the average house value is 6% more than the national average, and its five-year growth rate is 63.6%. 

Average Purchase Price: $493,700  

Average price/sqft: $174 

Average Rental Income: $3,035 

Tampa, Florida 

Investors were responsible for purchasing 25% of homes sold in Tampa in the summer of 2021. Average rents have had the highest spike in the country, and impressive job growth in white-color professions shows no signs of slowing.  

Average Purchase Price: $508,725  

Average price/sqft: $252.65 

Average Rental Income: $3,004 

San Antonio, Texas 

San Antonio could be an excellent investment. The city boasts affordable property prices and excellent average rental yields per month. In 2020, approximately 40% of individuals looking to rent were out-of-city transplants, which has mostly stayed the same.

Average Purchase Price: $514,975  

Average price/sqft: $170.53 

Average Rental Income: $2,951 

Charlotte, North Carolina 

Charlotte, North Carolina’s robust employment market, four-season climate, and proximity to the beach and mountains make it a top destination for real estate investors looking to earn rental income.  

Average Purchase Price: $498,750

Average price/sqft: $173 

Average Rental Income: $2,796 

Colorado Springs, Colorado 

Colorado Springs is known to be one of the most substantial long-term real estate investments in the U.S. Since the last decade, Colorado Springs’ typical property prices have increased by around 143.7% based on Zillow’s Home Value Index.  

Average Purchase Price: $487,475  

Average price/sqft: $198 

Average Rental Income: $2,770 

Orlando, Florida 

Home to Disney World, Universal, and a fantastic climate, 60 million people visit Orland every year. Some of the best beaches are a drive away, and the city is famous for its gold courses, nightlife, and shopping malls.  

Average Purchase Price: $482,085  

Average price/sqft: $235 

Average Rental Income: $2,739 

Cincinnati, Ohio 

Cincinnati has long been regarded as an affordable city in general. In fact, Cincinnati was ranked as the 14th most affordable U.S. city to live in by U.S. News & World Reports in 2017. In addition to the generally low cost of living, Cincinnati real estate is more affordable than in many other major metropolitan areas. Cincinnati has become one of the go-to markets for out-of-state real estate investors looking to buy properties at a good price and still earn a reasonable rate of return, and prices have increased as a result. 

Average Purchase Price: $474,750  

Average price/sqft: $171 

Average Rental Income: $2,734   

Jacksonville, Florida 

Jacksonville benefited from Florida’s decision to loosen pandemic restrictions more quickly than other states. The city has one of the highest-performing economies in the country and a dwindling unemployment rate.  

Average Purchase Price: $501,850 

Average price/sqft: $187 

Average Rental Income: $2,564 

Huntsville, Alabama 

Listed as one of the top cities to purchase a rental property for cash flow in 2022, Huntsville is known for its rent growth value. Strong employment growth and low housing costs have led to equity growth of about 24%, 22% more than the national average. 

Average Purchase Price: $487,250  

Average price/sqft: $171 

Average Rental Income: $2,436 

With creative loan options offering fixed terms for interest-only loans, buying down of Interest rates, and long-term capital appreciation, investing in U.S. cities with the highest rental income gives you significant short-term and long-term possibilities.

Ready to reap the benefits of investing in the U.S.? 

As a company, America Mortgages’ only focus is providing U.S. mortgage financing for U.S. expats and foreign nationals. We know exactly what is required to ensure that your mortgage journey is stress-free. We qualify 97% of our client’s for a U.S. mortgage. What are you waiting for? Schedule a call with our U.S. mortgage specialist to find out your mortgage options. hello@americamortgages.com 

[thelistingteammiami]

How Long Does It Take to Build an ADU or Addition?

Accessory dwelling units (ADUs) and home additions are smart strategies to enhance your property’s value and appeal. They create a versatile space that can serve as a rental unit, guest house or extended living area, and boost your home’s market value and attractiveness to buyers. Home additions — whether expanding living space or adding new rooms — tailor your property to your needs and make it stand out in the competitive real estate market. However, how long does it take to build one?

Preliminary Planning

Clarifying your project’s scope is crucial. Determining whether your goal is to create a rental income source with an ADU or to expand your living space with a home addition will guide your planning, design, and budgeting phases.

This initial step ensures your project aligns with your long-term desires. In 2022, 10% of renovations in the U.S. were home additions, underscoring the popularity of expanding to meet evolving homeowner needs.

Researching local regulations and obtaining the necessary permits is essential to the process. Zoning laws, building codes and permit requirements can significantly impact your project from design to completion.

Remember — the time it takes to navigate this stage can vary widely depending on your location. In some areas, you might secure permits in weeks, while it could take months in others. Starting this research early and planning accordingly will help you set realistic timelines and avoid potential setbacks.

Design and Permits

Working with architects or designers is pivotal in turning your vision for a home addition or an ADU into a tangible plan. This collaboration begins with sharing your ideas and requirements, allowing the professionals to draft initial designs.

Be prepared for a process requiring several iterations, as your feedback leads to revisions. The complexity of your project and the number of design drafts can significantly influence the time frame for finalizing plans.

Navigating the permit process is another crucial phase, with waiting times that can vary significantly across different municipalities. Some areas process your application within weeks, while others could take several months. Florida jurisdictions may reduce permit fees by up to 75% if you retain a private provider for building inspection services, potentially offering substantial savings. Contractors or building companies experienced in local building requirements often understand the ins and outs of the process in your area, which can help secure permits more efficiently.

In addition, you must obtain permission for other projects, such as installing a pool or deck, and updating the electrical system or plumbing. Ensure your plans are complete and comply with local codes before submission to streamline this step.

Construction Timelines

The construction phase starts with vital initial steps such as site preparation and foundation work. During site preparation, workers clear, level and prepare the area for construction. Then, they start with foundation work, which involves excavating, setting footers, and pouring concrete to support your ADU or home addition.

This foundational stage typically spans several days, depending on the project’s scale and site conditions. It’s essential to account for this time frame in your overall project planning, as a solid foundation is critical for the durability and safety of your new structure.

As the foundation sets, construction moves to framing, roofing and interior finishes. Framing gives your addition its shape and structure. Meanwhile, roofing protects it from the elements, and interior finishes transform it into a livable space.

The construction of the addition can vary in time, usually taking several months to complete. While a typical project might progress smoothly within expected time frames, it’s wise to anticipate potential delays due to weather, materials shortages or labor availability.

The final phase includes a thorough inspection to ensure everything meets local building codes and standards, followed by necessary adjustments. This last step is crucial and can take additional weeks. It underscores the importance of building in extra time into your project timeline for these final touches.

Factors Affecting Timelines and How to Manage Them

Weather is significant in construction schedules, particularly for external work such as framing, roofing and foundation setting. For instance, rain, snow or extreme temperatures can halt work, extending the timeline of your project. These delays are inconvenient and can impact other scheduled tasks, pushing your completion date further.

To mitigate weather-related risks, planning your construction during your area's most stable weather periods is wise. However, always prepare for unexpected changes by incorporating buffer times into your schedule.

Material delays and labor shortages are other critical factors that can extend your project. The current market experiences many fluctuations, leading to unforeseen delays in material delivery and a need for more skilled labor. Financial preparation for material and cost escalation can prevent unnecessary spending and ensure your project continues progressing despite rising prices.

Partnering with reputable contractors with established supply chains and workforce can also help mitigate these risks. Since more complex or larger projects naturally take longer, setting realistic expectations is crucial. Understanding the potential for delays and budgeting your schedule and finances accordingly guarantees a smoother construction process.

Planning for Success

When planning your ADU or home addition project, embracing flexibility is crucial. Incorporate buffer periods to manage unexpected delays gracefully. Clear communication with architects, contractors and local authorities is paramount. For example, keeping your sentences below 25 words promotes straightforward, effective exchanges that help keep your project on track.

This approach aids in maintaining timelines and in navigating the financial aspects of your project. In addition, budgeting for unforeseen delays or costs prepares you for any scenario. It reduces stress, which allows for a smoother project flow.

Maximizing Property Value with ADUs and Home Additions

Constructing an ADU or home addition can significantly enhance your property’s value, offering appealing benefits for sellers and buyers. Approach these projects with patience, flexibility, and thorough planning to guarantee the best outcomes and maximize the return on your investment. While the timeline of a build varies by design, home and construction crew, this basic schedule provides a rough estimate of when your new space should be complete.

[movingtofloridaguide]

Sarasota Real Estate Forecast for 2024!

In this video Ryan offers a comprehensive analysis of the 2023 and a forecast for 2024 real estate market on Florida’s Gulf Coast, specifically focusing on Sarasota and Manatee counties. Ryan notes a stable market with single-family home transactions and median sale prices both showing a modest 1% increase year-over-year, indicating a generally flat trend compared to 2022. However, he highlights…

[naturecoaster]

Justin Noe Uses Experience Moving Around the Country to Help Others

“I grew up in Brooksville. After graduating from Hernando High School, I joined the military,” Justin Noetells me. We originally met at Innovation Collective’s Coffee and Concepts event over a year ago. This isa place where entrepreneurs come to flush out ideas and discuss how new technology may help themgrow their ideas. Justin’s brother, Seth, was there too. Justin and Seth are partnered in a business thatrevitalizes homes that have become run down, turning them into beautiful rental properties. As an active real estate agent at Heart of Florida Realty in the Nature Coast area, a real estate investor, co-founder of Twin Pillars Investments, Brooksville Investment Group, and The Real Estate Co-Op, Justin is more than knee-deep in the real estate business. He grew up in Brooksville, joining the Marine Corps at the age of eighteen. Justin’s journey moved him and his family across the country four times, to six different states, and fourteen different homes before returning to his hometown. Today, Justin and his wife, Lina, run their family business with God at the helm. Their goal is to grow their real estate team to #1 on the Nature Coast and in the State of Florida. From humble beginnings outside a base in Maryland to partnerships and commercial space, Justin Noe Real Estate is excited to be part of a growing community that eschews good values. Justin retired from 20 years in the military after I met him, moving into real estate full-time. Lina handles all the marketing, social media, and some real estate sales duties for their businesses. Lina is a soft-spoken woman from Sweden. They have four beautiful daughters, Callie (16), Ella (14), Annabelle (11), and Gracie (6). Each of the girls has Lina’s beautiful blond hair and their parents’ strong work ethic – and each was born in a different state! The day I met Justin at Innovation Collective's Coffee and Concepts gathering in 2022. Image courtesy of Justin Noe. Justin and Lina met in 2005 while he was on active duty in California. Lina was working as an au pair for a Swedish family and a mutual friend introduced them. The two found out that they were born within a day of each other and fell in love. How the Noes Got into Real Estate In 2010, Lina bought Justin the book Rich Dad, Poor Dad, a 1997 book that teaches the importance of building wealth through assets, real estate investing, starting, and owning businesses, as well as increasing one's financial IQ. It changed his mindset and in 2011 they began their real estate business by investing in their first home, a rental, while stationed in Glen Burnie, Maryland. The Noe family visited Sweden this year and spent time with Lina's family. Here they are in Stockholm. Image courtesy of Lina Noe. The Noes moved around the country, buying another home in North Carolina and fixing it up. “It wasn’t in the best neighborhood, but it was near the base. We lived in it for a year and got robbed!” Justin shares. “With our family, we couldn’t stay there. So, I found us a beautiful neighborhood and we got another home there. It was going to be our forever home." Another Transfer – Another Home "I had one more year in the military when I got a call from my boss," Justin continues. "He said he needed me to go to Colorado. I told him how much we liked it here and how much Lina loved the neighborhood. He replied that I was really going to like Colorado, so… we went. And we got closer as a family.” Colorado turned out well. Justin and Lina brought the girls to Brooksville in April of 2019 to spend their Spring Break with family and went looking for investment properties. The girls got to see where Dad grew up and the parents found a house for $60,000! When they called the realtor, it had been sold, but she sent them listings. Fourteen Houses in Fifteen Years “We learned a lot about buying and selling real estate as we traveled and invested. I wanted to share what I’ve learned with others, so I chose this profession,” Justin explains. The Noe's office on Main Street in Brooksville. Image by Diane Bedard. Several months ago, he shared his story at an Innovation Collective event. At that time, he and Lina were doing the 75 Hard Challenge, which is described as a transformative mental toughness program that includes 45 minutes of exercise twice daily – one outside – drinking lots of water, sticking to an eating plan of your choice, and reading at least ten pages of self-help materials daily for 75 days. As you might imagine, traveling and buying, selling, and renting houses gave Justin and Lina a lot of useful knowledge in the process of buying, selling, and investing in real estate. “I want to share what we’ve learned with our clients and help them understand the process to make it easier for them,” Justin shares. “For example, we didn’t buy in Southern California when we were stationed there because the market was pricey, and I was afraid that the return on investment wouldn’t be enough. That was a lost opportunity.” The Noe family on one of the brick-lined streets of Brooksville. Left to right, Lina, Gracie, Ella, Justin, Annabelle, and Callie. Image courtesy of Lina Noe. Investing in Real Estate and Family The Noes have an Airbnb in downtown Brooksville, near the May Stringer Museum. They have eighteen rentals throughout the country, and they use their knowledge to help people navigate the many options for growth in the real estate market. “Our business is in real estate, but it capitalizes on hard work. We teach our girls to manage their money in the same way we do,” Justin explains, “Give. Save. Spend. It has served all of us well.” Callie Noe, their oldest daughter, has begun helping with tracking business expenses. She is interested in the family business and accounting, so it is a great fit. This tight-knit family has traveled the world together, and they work hard to be the best they can. Recently, Justin helped a lady sell her home after she contacted him through Facebook. “They owned a sign-making business and we got to help her use her equipment to make some signs, bringing back some joy to her life. These are the things that make it all worthwhile,” Justin shares. “We work hard six days a week and rest on Sunday, attending church as a family.” Justin Noe Real Estate offers help with land, homes, commercial, and rental real estate. Contact him for an appointment to discuss your goals and see if he can help. Image by Lina Noe. Get in Touch with Justin Noe Real Estate for Help Navigating Each Step of the Process Justin and Lina have purchased a small commercial home next to the Brooksville Women’s Club on Main Street to house the businesses, investing in the area they love. “Florida’s Nature Coast Area is a dynamic market with so many great and different things to offer! Whatever your dream home is or that investment property you are looking for (long-term, short-term, or a flip) there is something for you here,” Justin says. If you are thinking of selling your home and relocating within the area, coming from out of state, buying your first home, or are looking to add a profitable property to your rental portfolio, he is excited to help you narrow down areas and places that best fit your lifestyle and needs. Justin Noe Real Estate has all types of real estate assets for sale, but the best thing you will get is a commitment to the process and service. Image from Justin Noe Real Estate Facebook page. Maybe you are dreaming of a house on the beach, a river house on one of the natural spring waterways, land with acreage for a farm, vacant land to one day build on, a great community with sidewalks, a community pool, and a golf course, a vacation home, or maybe a historic downtown fixer-upper where you can walk to shops, restaurant, and yoga – it can be found here! Justin Noe works hard, helping investors, sellers, and buyers find real estate solutions that meet their unique needs. His website is full of great information, and he is available for personal meetings at your convenience, just call him at 352-585-5673 or email justin@justinnoerealestate.com Read the full article

[teamturvey]

🏡🔑Sell your home Faster!

1.Remove excess furniture and clutter Nothing makes a home seem smaller than too much big furniture. Rent a self-storage container or a storage unit and remove as much furniture as you can. “I highly recommend people go in and declutter and depersonalize,” says Heather Hobrock, a real estate agent and global real estate advisor with Premier Sotheby’s International Realty in Naples, Florida. Remove knickknacks from all surfaces, pack them away and store the pieces upon which you displayed them. Take a minimalist approach to books, throw rugs and draperies, and clear off your kitchen and bathroom countertops, even removing appliances you normally use. If you can scale down the contents of your closets, that’s even better, because it makes the home's storage space look more ample.

2.Consider staging your home While you may have a fun sense of style, your furniture may make it hard for buyers to see the home as a blank slate. When that happens, it may be better to have the home staged with furniture that’s brought in. Hobrock has a warehouse of furniture that she uses for staging clients' houses, though she notes many real estate agents will use a third-party staging company. She explains that she restaged a home that was on and off the market for five years with white linens and clean, simple furnishings. Almost immediately, the house had multiple offers and it sold for above the asking price. “That’s the power of staging,” Hobrock says.

3.Invest in a professional photographer According to NAR's 2022 Profile of Home Buyers and Sellers, 96% of recent buyers used online tools to search for homes. If your listing photos don’t show off the features of your home, prospective buyers may reject it without even taking a tour or going to the open house. Hiring a professional photographer and posting at least 30 photos of your home, inside and out, is a good way to attract buyers. “(Amateur) photos just don’t really cut it anymore, you need professional photography, a floor plan, video and virtual photography (and more),” Dixon says.

Do you want to learn more?📞Call, Text or visit us in our website. It’s that simple!

#homeseller #realestate #teamturvey #jaimeturvey #exclusivebuyer #buyer

[rehabandflip]

Rehab And Flip: Tampa, Florida - A City to Consider for House Flipping

Leading FL Real Estate Investment Company Highlights Tampa as a Prime Destination for Flipping Houses

Rehab And Flip, a prominent Florida-based real estate investment company, is shedding light on Tampa as a city to consider for house-flipping ventures. With its flourishing real estate market and ample investment opportunities, Tampa has become a prime destination for investors looking to capitalize on the lucrative world of house flipping.

Tampa, Florida Real Estate: A Hotbed of Opportunities

As one of Florida's fastest-growing cities, Tampa offers an attractive environment for real estate investors seeking profitable ventures. The region boasts various investment properties, including single-family homes, condos, townhouses, and multi-unit buildings, catering to various investment strategies. Tampa's real estate market provides an ideal balance of affordability and growth potential, making it an enticing choice for house flippers.

 

Tampa Investment Property: A Lucrative Market

Investors eyeing the Tampa market can benefit from its strong rental demand, attractive property prices, and steady appreciation rates. The city's growing population, thriving job market, and robust economy contribute to the high demand for quality housing, making it an ideal location for successful house-flipping endeavors. Additionally, Tampa offers a variety of neighborhoods with different characteristics, allowing investors to target their preferred market segment, whether it's upscale residential areas or revitalizing communities.

Tampa boasts a robust economy with a lucrative job market. As of December 2022, the city's unemployment rate stood at 2.2%. A flourishing tourism sector and diverse industries contribute to the continuous fueling of the local economy.

Florida Real Estate: The Sunshine State Advantage

Florida is popular for real estate investors with its favorable tax environment, attractive climate, and diverse attractions. The state's booming tourism industry, economic stability, and investor-friendly policies create a conducive environment for flipping houses and maximizing returns on investment. Tampa, in particular, benefits from its proximity to beautiful beaches, renowned entertainment parks, and a vibrant cultural scene, adding to its appeal as a prime location for potential buyers and renters.

Rehab And Flip: Your Trusted Partner in Tampa House Flipping

Rehab And Flip, a leading real estate investment company in Florida, specializes in identifying prime investment opportunities, acquiring distressed properties, and guiding investors through successful house-flipping projects. With a team of seasoned professionals, extensive market knowledge, and a vast network of industry contacts, Rehab And Flip ensures a seamless and profitable experience for its clients.

Rehab And Flip offer comprehensive services, including property scouting, thorough market analysis, renovation management, and effective marketing strategies. The company's expertise in the Tampa real estate market allows investors to confidently navigate the intricacies of the local real estate scene, maximizing their chances of success. 

About Rehab And Flip

Rehab And Flip is a premier real estate investment company based in Florida, specializing in identifying and acquiring investment properties for house-flipping projects. Focusing on providing exceptional returns on investment, Rehab And Flip guides investors through the entire process, from property acquisition and renovation to maximizing profitability.

Rehab And Flip specialize in acquiring various properties, including foreclosures, discount homes, investment properties, bank-owned foreclosures, REO properties, distressed properties, and discounted multi-family properties. This unique approach benefits home sellers by allowing them to address their immediate needs while opening up exciting investor opportunities.

Flipping houses in Tampa, Florida, presents a tremendous opportunity for real estate investors. The city's vibrant real estate market and favorable economic conditions make it an ideal location for those looking to embark on profitable house-flipping ventures. At Rehab And Flip, the team provides the expertise, resources, and guidance to help investors succeed in this competitive market. To learn more about the lucrative investment opportunities in Tampa, Florida, real estate or to speak to a real estate professional for an immediate deal, visit https://rehabandflip.com/contact/ or call them at (813) 321-0049.

[toprealestatebuzz]

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Mark Salerno (@salernorealestate) is a Canadian Real Estate Professional based out of Vaughan Ontario, Canada. Salerno sits as the Broker of Record — Owner of Salerno Realty Inc,

August Residential Real Estate Predictions

December 8, 2022

The real estate market has been active throughout the marketplace throughout the year of 2022.  With mortgage rates rising and demand dropping, here is what you should expect

Take a Look at Some of the Top Real Estate Professionals to Watch for in 2023

December 8, 2022

The year of 2022 has been filled with speculation regarding the future of the housing market in America. With inflation running wild, America’s Federal Reserve has begun quantitative

The Mansion From The Movie The Godfather Is Listed For Rent On Air Bnb!

December 8, 2022

The well known classic movie, “The Godfather” has become a household name and movie line sighting phenomenon in America since it was released 1972. The movie which depicts

Ana Teresa Rodriguez Is Elevating the South Florida RE Market

December 8, 2022

Ana Teresa Rodriguez is a Real Estate Professional based out of South Florida. The luxury agent operates under her team known as ATR Luxury Homes Group. Together, her

[my-state-mls]

What Will Happen When The Debt Ceiling Is Breached?

Should there is a chance that the United States breaches the debt ceiling, it will affect the market for housing like a natural catastrophe. When a significant natural disaster, like snowstorms or hurricanes, the areas directly affected by it experience the most drastic decline in home sales and purchasing.

In October, for instance, 2022, the number of houses that took an offer fell by more than 50% over the course of a year across the three Florida metropolitan areas directly affected by Hurricane Ian, nearly doubling the nationwide decline. But, these markets generally improved by the start of next year. If the U.S. hits the debt limit and there isn't a compromise to be reached in Congress to lift the nation's borrowing cap, it will affect the housing market. Buyers and sellers of homes will temporarily withdraw from the market amid the chaos; however, they will return when the dust is settled.

Locations Harmed Most By Debt Ceiling Crisis

The United States may breach the debt ceiling between June and July. If it does, the U.S. may miss payments to federal employees or contractors, vendors, employees, and Social Security recipients to ensure it does not default on its obligations. The extent and duration of the economic crisis will depend on the time it will take Congress to increase the ceiling and is dependent on the bipartisan collaboration of both parties.

The impact on the economy will be the most significant, with many federal employees, contractors, vendors, and military personnel, like Washington, D.C. and Virginia Beach, VA. Only a person with income will likely want to avoid committing to a large financial obligation, such as purchasing a home.

Regions with the greatest proportion of people over 65 are likely to experience the greatest disturbances from missing social security checks, like Florida and Maine. Retirement-age people who depend upon social security benefits may be hesitant to make purchases on their own, causing detrimental to the economy in these regions. A slowdown in the economy might slow the pace of home buying overall.

However, cities like Salt Lake City and Minneapolis will be less in the way because of their younger populations and very few federal workers.

Mortgage rate volatility

The wider housing market may still be impacted by mortgage interest rate changes. The fear of the U.S. failing to pay its debts would increase rates. This is because the possibility of default could make the risk of default for all U.S. investments riskier, such as mortgages. The increased risk of a recession could lower mortgage rates. In fact, the White House has declared that a default on the debt would lead to millions of jobs being lost, as well as a decrease in the economic growth rate. If this happens, interest rates could fall as the Fed must lower low-interest rates to stimulate economic expansion. The last time it was shattered was in August 2011, mortgage rates fell.

Things home buyers should be aware of

If you plan on purchasing a property this year, you could find the best deal on a mortgage rate if the debt ceiling gets breached. Follow the news and inquire with your lender to supply up-to-date information about any changes to the rate they provide. The mortgage rate may rise instead of falling. For the most benefit, both worlds ensure that you are locked in on the interest rate you are paying now by using the option of floating down. This option lets you profit from mortgage rates falling.

Even if you can obtain an affordable rate, you could find buyers have stopped buying in the face of economic uncertainty. A lack of inventory could be more severe given that the number of new listings is at a loss of nearly 20 percent compared to last year's. Insufficient supply can lead to a greater amount of houses being put that are available. To be ready, be pre-approved for a mortgage and create alerts for properties you like using real estate applications such as Redfin. This way, you can make an offer fast before somebody else beats you to the post.

What should home buyers know about

Amid all the uncertainties about how a breach of the debt ceiling will impact the economy and mortgage rates, I anticipate lots of potential buyers to put their homes on the market. If rates drop, those willing to enter the market might have multiple offers from potential buyers looking to profit from the lower rates. But, if rates move upwards, sellers could find it difficult to find a buyer.

Prices and sales at the home

Overall I expect many potential buyers to be put off by this uncertainty. Sellers will only get one shot to showcase their property; buyers will be more flexible with their proposals. So, a breach of the debt limit will restrict the supply of homes more than it will increase demand and could negatively affect the amount of sales greater than the level of home costs. Once the debt ceiling has been lifted, the housing market is expected to return to normal, or at minimum, it will be normal by 2023.

[small-business-payroll-greer6]

dental broker near me Tampa

  Insider Tips for a Smooth Transition in Selling Your Dental Practice!

Crespo Business Brokers is a firm that focuses on representing companies in the Dental, Medical, and Veterinary market. We are uniquely qualified to help our customers navigate through all phases of a company sales or acquisitions from the start to closing. By keeping our focus on the dental and medical market and utilizing the contacts we have actually developed within these markets, we are better able to serve our customers and locate the very best possible sellers or purchasers.

Our experience

Our market experience offers us a benefit in developing and carrying out an effective business transition strategy for our customers. Our process starts with an in-depth analysis of your business, operations, and financials. We confidentially market business in a "blind" process, the customers' identity is not offered up until a prospective buyer is pre-screened and signs a non-disclosure agreement. Only then are information about business revealed. We will direct market your business through our comprehensive marketing programs utilizing numerous channels. Our market specific backgrounds enables us to better understand our customers' operations and interact with possible purchasers.

Our goal

Crespo Business Brokers is devoted to our customers' requirements and is dedicated to supplying remarkable services. We focus our efforts in supplying the most convenient transition from start to finish. We believe that the efforts made use of during the front-end of the sales process lead to greater returns for our customers, and also provide exceptional service to prospective purchasers. As experts, we recognize the significance of trust and confidentiality. We will always put the requirements and interests of our customers first. https://dentalbrokernearmetampafl.blogspot.com/2023/07/dental-broker-near-me-tampa-fl.html dental elite practice sales St. Petersburg FL dental broker companies Clearwater FL dental office broker Palm Harbor FL dental practice sales florida Plant City FL dental practice broker Zephyrhills FL dental practice broker fees Dunedin FL Florida dental ce broker Riverview FL dental real estate broker Wesley Chapel FL dental broker vs real estate BrandonFL dental broker Largo FL dental practice sales price Tarpon Spring FL dental brokerage services Plant City FL dental broker florida Zephyrhills FL dental business broker Dunedin FL dental broker near me Riverview FL dental brokers florida Wesley Chapel FL dental broker vs realtor St. Petersburg FL dental elite practice sales Largo FL dental broker companies Brandon FL dental office broker Pinellas Park FL dental practice sales florida Tarpon Springs FL dental practice broker New Port Richey FL dental practice broker fees Land O' Lakes FL florida dental ce broker Tampa FL broker for dental practice St. Petersburg FL dental broker vs real estate t, Patersburg FL dental broker vs real estate Plant City FL dental broker Zephyrhills FL dental practice sales price Dunedin FL dental brokers near me Riverview FL dental broker vs agent Wesley Chapel FL dental brokers St. Petersburg FL my dental broker Largo FL broker in dental office Brandon FL dental office broker Pinellas Park FL https://highlyratedgaragedoorscypress.blogspot.com/ https://highlyratedgaragedoorscypress.blogspot.com/2023/07/highly-rated-garage-doors-cypress.html https://brokerindentalofficebrandonfl.blogspot.com/ https://brokerindentalofficebrandonfl.blogspot.com/2023/07/broker-in-dental-office-brandon-fl.html https://popularwroughtironfencesinglewood.blogspot.com/2022/10/popular-wrought-iron-fences-inglewood.html

[luxury-real-estate-south-florida]

<h1>Fed Keeps Hiking Rates: Housing Market Could be Headed for Correction Despite Record Highs</h1>

The Fed Plans to Keep Hiking Rates, But Don't Expect a Big Housing Correction to Follow

The Federal Reserve has announced plans to keep hiking interest rates, but don't expect a big housing correction to follow. According to a recent report from Yahoo Finance, the typical home is selling for just $4K less than 2022's all-time high.

Key Takeaways:

The Federal Reserve has announced plans to keep hiking interest rates.

The typical home is selling for just $4K less than 2022's all-time high.

Experts are warning that the housing market could be headed for a correction.

Hiring a trusted real estate advisor can help you find your new ultra-luxury home in South Florida.

The Federal Reserve's decision to keep hiking interest rates could have a significant impact on the housing market. While the typical home is currently selling for just $4K less than 2022's all-time high, experts are warning that the housing market could be headed for a correction.

The current market conditions make it more important than ever to work with a trusted real estate advisor when looking for a new ultra-luxury home in South Florida. A real estate advisor can help you navigate the complexities of the market and find the perfect home for you.

For more information on the latest developments in luxury real estate news, check out the article ‘Unacceptably high’: The Fed plans to keep hiking rates — but with the typical home selling for just $4K less than 2022's all-time high, don't expect a big housing correction to follow from Yahoo Finance.

For help finding your new ultra-luxury home in South Florida, consider hiring a trusted real estate advisor. A real estate advisor can provide invaluable insight and guidance and help you find the perfect home for you.

[tastydregs]

Warming Ocean Tides Melt Glaciers, Which Makes Sea Levels Rise, Which Melts More Glaciers

A large glacier in Northwest Greenland is melting far more rapidly than previously thought, which could mean faster global sea level rise. In a new study published in Proceedings of the National Academy of Sciences, researchers at NASA and the University of California Irvine explained that the Petermann Glacier’s interactions with increasingly warming ocean tides are causing that glacier to retreat faster than previously observed.

Extreme Weather Events in 2022 | Extreme Earth

Scientists used satellite imagery to observe the ice and noticed that the Petermann Glacier was bobbing around in response to ocean tides. The glacier’s grounding line, which is where the ice stops touching the land bed and floats, changed with the tides. From 2017 to 2022, researchers observed that the grounding zone retreated 1.6 kilometers (.9 miles) on the western side of the glacier, and 3.7 kilometers (2.2 miles) at the glacier’s center, the study said. The movement and warmer tides melted a large cavity that was 204 meters (670 feet) tall in the underside of the glacier.

If those ocean interactions continue, it would mean that sea level rise from melting glaciers would happen faster than scientists previously thought. This is especially alarming because current global warming models may have to be adjusted to include how melting observed at glacial grounding zones will contribute to sea level rise. The process could create a cycle: warming oceans melt glaciers, which causes sea levels to rise, which means more contact between glaciers and the ocean, which means more glacial melting.

“These ice-ocean interactions make the glaciers more sensitive to ocean warming,” Eric Rignot, a NASA Jet Propulsion Lab research scientist, said in a statement. “These dynamics are not included in models, and if we were to include them, it would increase projections of sea level rise by up to 200 percent – not just for Petermann but for all glaciers ending in the ocean, which is most of northern Greenland and all of Antarctica.”

The findings are also worrying because the “Greenland Ice Sheet has lost billions of tons of ice to the oceans in the last few decades,” which has increased sea levels by 14 millimeters (.5 inches) since the early 1970s, researchers wrote in the study. And ocean temperatures have increased over time, creating even more conditions where warming waters would deplete glaciers even faster. Already rapidly observed sea level rise is threatening coastal cities all over the world.

For parts of the U.S., rapid sea level rise has led to states like Texas and Louisiana struggling with erosion. Sea level rise will also mean more flooding and king tides for Florida in the near future. In more personal terms—increased flooding has also messed with the state’s real estate market, as homeowners could see property values plunge over time.

Want more climate and environment stories? Check out Earther’s guides to decarbonizing your home, divesting from fossil fuels, packing a disaster go bag, and overcoming climate dread. And don’t miss our coverage of the latest IPCC climate report, the future of carbon dioxide removal, and the un-greenwashed facts on bioplastics and plastic recycling.

[housebuyingguide]

How to purchase a home in 2023

This year could go down as a year of correction in the history of real estate. In 2022, the housing market began cooling down after a boom fueled by pandemics that benefited sellers, with bidding battles, inventory shortages, and spiraling prices across the country. Inflation and rapidly rising interest rates slowed down the interest of buyers, which led to a slowdown in sales and a decrease in price appreciation.

These housing trends will continue in 2023. It is a year of transition. The scarcity of homes gives sellers an advantage in many areas. No one is expecting a crash in prices or home values. The frenetic pace of the market has slowed down, but many analysts are predicting a shift towards a more balanced that will benefit buyers.

No matter what the state of the market is, buying a home can be an emotional and exciting experience. Be sure to understand all the details of buying a home before you begin your search. This will help you make the right decisions for both your family and your budget.

The step-by-step process of buying a home

1. Understanding why you are buying a home

A home purchase is a big decision and shouldn't just be made lightly. You could regret your decision if you don't know what you want from homeownership.

Get started: Define personal and financial goals. Edwence Georgis, an agent at RE/MAX Westfield in New Jersey, says that buyers should consider things such as when they plan to move and what they are looking for in a house -- the amenities they desire, their ideal location, and how much time it will take them to save for a downpayment . These are important factors to consider when defining the goals that they want to achieve.

2. Check your credit score

You can use your credit score to determine the financing options you have. Lenders will also use it, among other factors, to determine the rates and terms of your loan. Your credit score will determine the rate of interest you are eligible for. Lower scores mean more expensive mortgages.

How do you get started? Each of the major credit reporting agencies - Equifax, Experian, and TransUnion - will provide your credit score and report for free, once per year. You may also be able to access your credit score or report for free through your bank or credit card provider. Contact each agency to report any errors you find.

3. Savings for a downpayment

You will need to make a 20% down payment to avoid paying private Mortgage Insurance. There are lenders who offer mortgages with low down payments but higher interest rates. Do your homework: There are many types of loans that require a lower minimum downpayment, and government programs can help qualified buyers cover the costs. Compare prices based on your ability to pay up front. To find more details visit https://casasenventamonterrey.com

Get started: Find out the requirements for down payments of the loan that you are interested in. This will help you determine how much money you need to save. Start a discussion early to find out how much a friend or relative will contribute. Also, ask if you need to cover any shortfall.

4. Budget for your housing

It's not just about the purchase price or down payment. A realistic budget will tell you what you can spend and what your total costs will be.

Start: Consider other costs to see what you can manage in the long term. Paige Kruger is the founder and Realtor of Signal Real Estate, located in Jacksonville Beach, Florida. She says that buyers often forget to include other costs such as homeowners association fees or setting aside money for maintenance. Just because you have a mortgage or a downpayment doesn't mean that you will be able to afford the long-term expenses after moving.