Ten Reasons to Move To South Florida

It’s likely you grew up with at least one family member who wouldn’t stop talking about their dream to retire to Florida. Every holiday you’d be regaled with stories of green lawns, year-round sunshine, golf courses, beaches, and no state income taxes. In fact, that person might even be yourself!

Considering all that Florida has to offer, it’s little wonder why our home state is welcoming thousands of new residents every year. This makes for a diverse culture, incredible culinary options, and plenty of tourist-pleasing attractions; but that’s certainly not all! Here are several more reasons you should pursue that dream move:

Our Welcoming Weather

There are 365 days in one year—and in Florida more than 2/3 of them are bathed in sunshine. There…

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South Florida Real Estate Market Report - Q2 2021

South Florida Real Estate Market Report

How's the South Florida real estate market?

Reflection...  Looking back and looking ahead

To sum up Florida’s real estate market for the first half of 2021, one word comes to mind: unexpected. Florida has long enjoyed an influx of residents migrating from across the country, and around the world, to call the Sunshine State home. With remote work becoming a permanent option, over 900 people per day are moving to Florida, according to the Palm Beach County Business Development Board. Reasons for this explosive growth in Florida can point to fair weather, a business-friendly climate, and the lack of state income and estate tax.

Low-interest rates continue to fuel affordability and drive high absorption…

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Do You Really Need A Buyer’s Agent When Moving to South Florida?

Most homebuyers believe a real estate agent is a real estate agent—not understanding the distinct differences between brokers, listing, and buyer’s agents. The truth is, the latter is often the one who has the most client interaction and fights hardest to protect your interests during the home purchasing process.

A buyer’s agent coordinates and secures showing appointments at properties you’re interested in, negotiates the best deal possible on your behalf, and constantly endeavors to save you time and money. It is for these reasons—and others—that working with a buyer’s agent should be preferred to directly contacting the agent who lists a property. Always remember: A listing agent is working first and foremost for their sellers; not you as a…

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South Florida Real Estate Market Report - Q1 2021

South Florida Real Estate Market Report

How's the South Florida real estate market?

Reflection...  Looking back and looking ahead

After wrapping up a year to remember in 2020, Compass is proud to share our first Florida market report of the year, showcasing data from Q1 for South Florida, North Florida, Southwest Florida, Central Florida, and the Greater Tampa Bay. While not all facets of life have returned to prepandemic norms, especially as it relates to the international travel that injects additional movement in the housing market, real estate nationwide has benefited from signs of recovery including an increase in consumer expenditure, vaccination distribution, a decrease in unemployment from 14.7% to 6% (BLS.GOV), and an acceleration of…

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Home Prices Shot Up In 2020 - Will They Ever Come Back Down?

It will take time for South Florida to fully process the long-reaching changes resulting from the COVID-19 pandemic. One of the more immediate effects, however, has been a sharp increase in home prices—thanks in combination to federal efforts consisting of low borrowing rates, and a local lack of inventory.

Across the South Florida region, prices climbed over the course of 2020. Even now, nearly 12 months since the sweeping lockdowns that slammed the country, the trend has continued, pushing prices past previous historic highs.

This isn’t unexpected, of course. The simple laws of supply and demand coupled with the typical buying frenzy that accompanies drops in interest rates are anything but unpredictable. So too is the fear of missing out on…

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Q4-2020 South Florida Real Estate Market Report

South Florida Real Estate Market Report

How's the South Florida real estate market?

As we enter 2021, we’re taking a moment to reflect on a quarter that closed out one of the most unique years of our lives.

Last year taught us that home is so much more than the place where you sleep at night. As the lines in our lives began to blur, so did the way we experienced home. A formal dining table that was once merely for show moonlighted as our childrens’ desks as they navigated a new world of virtual learning. Kitchens previously used for an occasional dinner were enhanced with new gadgets and recipe books, as millions of US residents tried their hands at bread-making, cocktail-mixing, and getting that restaurant-worthy recipe “just right”. Living…

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South Florida Real Estate Market Report for Q3-2020 | Compass Market Insights

South Florida Real Estate Market Report

How's the South Florida real estate market?

The COVID-19 pandemic has altered the way we live, work, socialize, and shop, but Florida real estate remains resilient as buyers look for more space and good deals. While Q3 is typically a slower market, the desire for more space and the pause in closing activity in April caused pent-up demand. In higher price ranges, including the ultra-luxury sector, little inventory has been left on the table. Across the state, months of single-family-home inventory, based on closed sales, was down year-over-year to 36.1% in Palm Beach County.  Think about that for a minute; there are 36% fewer homes available on the market in 2020 than there were one year ago in 2019. This…

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Boca Raton Golf Course Donated to The City of Boca Raton

Boca Raton's Luxury Landscape Grows with a Generous Donation

Exciting developments are underway in Boca Raton, as MSD Partners and Northview Hotel Group, the current stewards of the esteemed Boca Raton Resort & Club, have just revealed their intention to bestow the Boca Country Club to the city. This 130-acre sanctuary, known for its lush greens and luxurious amenities, is transitioning from an exclusive membership to a community embrace in October 2021.

A Public Haven for Golf and Tennis Enthusiasts

Nestled on Congress Avenue, a serene locale just seven miles from the bustling life of the resort, Boca Country Club has long been a symbol of the high-end lifestyle in Boca Raton. Featuring an 18-hole championship golf course, premier tennis courts,…

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What To Expect When Buying A New Construction Home in South Florida

Buying a New Home in South Florida

In the wake of COVID-10, South Florida home buyers have recently shown a strong preference for residences that can accommodate their new normalcies, such as working from home and virtual schooling. It comes as no surprise that these buyers are finding new construction homes to be an ideal solution, as they offer privacy, space, and a certain degree of customization. As a result, new construction homes are in high demand locally, and builders can barely keep up. If you are considering purchasing a new construction property, it is essential to develop a strategy prior to looking. There are many layers to the new construction sales process, and The Pearl Antonacci Group is here to help you cultivate a deeper…

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April 2020 South Florida Real Estate Market Update

A Look Inside South Florida’s Real Estate Market - April 2020

Amid these unprecedented times, The Pearl Antonacci Group of Lang Realty is endeavoring to keep you educated on the latest trends in the Miami-Dade, Broward, and Palm Beach County real estate market, as we all prepare ourselves for whatever the future may bring. Whether you have already begun the process of buying or selling your home or are planning to in the near future, arming yourself with the most up to date information is more crucial than ever. See our latest area real estate insights for April of 2020 in the market report and graphs below. 

Our team has separated the monthly data between townhouses/apartments/condos and single-family homes. We have also compared these figures to…

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