Bank of America/USA Today Better Money Habits® Millennial Report, provides great insight into the financial concerns of the millennial generation. As the mother of three millennials, ages 21-25, and a Realtor I am always interested in what reports say drive this group of young adults. Of great interest is the correlation between jobs and […]
With South Florida rentals in high demand, increasing rents, and available rentals low, investors are searching for multifamily properties. According to LoopNet, 9 out of the Top 10 Most Popular South Florida Properties were multifamily. Here are some multifamily properties for sale in Miami areas with high rent demand.
During a Sunday get together, the rent vs buy question came up and a lively discussion ensued. The individuals who were pro-renting argued that renting provided: cash flow/opportunity cost: not having money tied up in a mortgage, taxes, and insurance, allowed more money for investing, travelling, miscellaneous purchases flexibility: if they wanted to move into different […]
According to Trulia’s Q1 Rent vs Buy Index, Miami is #1 on the Top Ten Cities To Buy vs Rent table. The reason I titled my post “ It May Be Cheaper To Buy Than To Rent” instead of “It Is Cheaper To Buy Than To Rent” is because Trulia arrived at their conclusion by […]
I have had several customers moving to Miami wonder where all the cheap rentals they are reading/hearing about are? There are still plenty of rentals in the downtown Miami area, but that is a generalization. Most renters are looking for a specific type of building, location, price range etc., all of which are limiting factors. […]
Many economists are predicting a significant hike in home prices over the next 5 years, so if you are a renter who has been debating on whether or not now is the right time to buy, you may want to take a close look at the numbers. In her article, Ten Cities To Go From […]
According to CNNMoney.com the national vacancy rate for rental apartments rose to 8% at the end of 2009 up from 6.7% a year ago. High vacancy rates translate into lower rents, so if you are getting ready to go into a lease or renew your existing one, negotiate the price. Keep in mind that many […]
Live close to everything: the Grove, Gables, UM, South Miami and Downtown while being in a quiet building on the Gables Waterway. Nicely updated 1 bedroom 1 bath with a garden view. Large master bedroom and plenty of closet space. 100 Edgewater Dr., #111.