Are the Days of the Seller’s Market Numbered?

Posted by Florida Realty Marketplace on June 26th, 2017

It seems the nation’s white-hot seller’s market may be starting to cool off—at least if a recent analysis by ValueInsured is accurate.

According to a recent blog post by ValueInsured’s experts, San Francisco, New York City, Miami, and other major cities are showing signs of slowing down.

“San Francisco—the poster child for a scorching housing market—is one of the first top markets showing signs of buyers’ fatigue, with home prices dropping last quarter for the first time since 2011,” ValueInsured posted. “New York City and Miami are also reporting signs of cooling.”

Still, despite these so-called signs, most homeowners haven’t taken notice—at least not yet. According to ValueInsured’s recent Modern Homebuyer Survey, most U.S. homeowners—about 74…

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Home Values in 2017: Are We Facing A Real Estate Bubble?

Posted by Florida Realty Marketplace on May 5th, 2017

Are Rising Home Values Creating A Real Estate Bubble?

Is America heading for a new real estate bubble? It's hard to imagine, given the increasing home values in recent years. Housing markets are obviously making a strong recovery since the mortgage meltdown of a decade ago. But then again....

What Goes Up...

There's no doubt that the housing sector has been going full tilt for some time. The National Association of Realtors (NAR) reported that February existing home values were up 7.7 percent over the previous year. In fact, February was "the 60th consecutive month of year-over-year gains."

Not only are prices up, so are sales. During the past year existing home sales for February were 5.4 percent higher.

The story is much the same with…

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7 Kitchen Upgrades Under $5K That Increase Home Values

Posted by Florida Realty Marketplace on March 6th, 2017

New countertops and hardware can give your kitchen a fresh, new look (and catch buyers’ eyes in the meantime).

By Jessica Bowne | Mar 02, 2017 3:00PM

 

Boost your kitchen’s appeal and home value without breaking the bank.

It’s likely you spend much of your time at home in your kitchen, cooking, entertaining friends over a glass (or two) of wine, or talking through your day with family. But there may come a day when you look around and notice that this well-loved space is starting to look a bit worn. Suddenly, your favorite gathering spot has become a place you rush guests through, and you’re concerned that potential future buyers will be turned off by its outdated appearance — especially if you’re in a luxury…

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Home Value Appreciation: Buyers v. Renters

Posted by Florida Realty Marketplace on September 2nd, 2016

Both current homeowners and renters agree that home values are going to continue to appreciate. However, the effect of home value appreciation on the confidence of current homeowners in the housing market is quite different when compared with the confidence of renters.

Home values are near or past their pre-crisis peak in about a quarter of U.S. metros, which indicates recovery for these markets—but at the same time, a gap has been forming between renter and homeowner sentiment toward the housing market.

According to Zillow’s latest Housing Confidence Index, released on Thursday, existing homeowners are becoming increasingly confident that now is a good time to sell—in fact, they are generally more positive toward selling than buying. The share of…

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