Michael & Alex of Partners Realty Inc

11/26/2025

Rising HOA fees and insurance costs are squeezing Florida condo owners, and prices are falling as a result. In August 2025, the median condo price dropped to $285,000—down 8.1% year over year and 14% below the July 2023 peak, per Realtor.com data. It’s the biggest August annual decline since 2010, when prices fell 18.4%.

"Florida’s condo market appears to be softening due to several factors, including rising home insurance costs, elevated HOA fees, and increasing climate-related risks," says Hannah Jones, senior economic research analyst at Realtor.com.

11/26/2025

Of course it’s leading in the mid west. It’s more affordable especially for a first time homebuyer.

Home buyers are more active this fall, drawn to improving affordability conditions. Read more from NAR’s pending home sales report.

11/26/2025

Brokerage leaders at RISMedia’s Power Broker Forum say 2026 will belong to firms that prioritize personalized support, community and agile leadership.

11/26/2025

Can you blame seniors especially when faced with the rise in rates and home costs today. Most seniors, unlike younger buyers are on limited income or living off of life savings Social Security and a lifetime of investments. And that only represents a small portion of them. Many have only Social Security or pension .

"Boomers' decision to age in place, combined with pandemic-era mortgage rates that discourage selling, has created a significant bottleneck," says Aaron Buchbinder, broker associate at Compass in Boca Raton, FL.

"Many older homeowners are reluctant to give up low property taxes or sub-3% mortgage rates, so they’re staying put rather than downsizing. This limits supply for younger buyers, pushes prices even higher, and has contributed to the rising median age of first-time homebuyers."

11/26/2025

https://www.zillow.com/homedetails/7329-Thorncliff-Dr-Charlotte-NC-28210/6260859_zpid/
License NC 301501

This 1982 square feet Single Family home has 5 bedrooms and 3 bathrooms. It is located at 7329 Thorncliff Dr, Charlotte, NC.

11/25/2025

There’s no better guarantee that a buyer gets the ultimate protection and the seller gets the best price than when they each hire a licensed real estate broker to guide them through the process while looking out for the clients best interest .

Fewer homeowners are completing a For Sale By Owner transaction and heavily turning to real estate agents for guidance.

11/25/2025

Let’s get you in your new home! Contact me for MLS details …

What do you think of this home?

This 2088 square feet Single Family home has 4 bedrooms and 3 bathrooms. It is located at 2725 Celia Ave, Charlotte, NC.

11/08/2024

This home has everything necessary for a family to make it thier own. Low taxes great schools and central airport shopping and all major hwys!
Let’s talk!

11/05/2024

Jessica Lautz, NAR Deputy Chief Economist and Vice President of Research, reacts to the average 30-year fixed mortgage rate from Freddie Mac growing to 6.72% from 6.54% last week.

11/05/2024

REALTOR® Michael Labout reminds us that the key to landing your dream property is a well thought out offer.

Working with an experienced REALTOR® helps you stay informed and confident, avoiding any unexpected surprises along the way. Want to learn more? Tune in to Real Estate Today for expert tips and more! https://www.nar.realtor/real-estate-today?cid=sm_RET1197

11/01/2024

More and more rental units are being constructed to accommodate people who feel they cannot afford a home/ property. This only makes landlords corporations and developers more rich at your expense!
Rents are skyrocketing and mortgage rates are dropping. Don’t stay in renters prison any longer than you need to. Start building personal wealth for you and your family. Let’s talk sooner than later and create a plan.

10/31/2024

https://m.prspcts.co/d5jSLU6Csvmcsw4D8
Contact me if interested in this property
Nc #301501 License