Shari Francis, Realtor at Charles Rutenberg Realty Fort Lauderdale

03/30/2023

The "Live Local Act" (SB 102) is a new law that is supposed to provide additional money for the state’s Hometown Heroes Program , widen the eligibility for programs like career-based assistance and income-based down payment assistance, and increase the maximum loans to $35,000.

Gov. DeSantis signed SB 102, the broad-based pro-housing bill backed by Florida Realtors, into law on Wed. It “does so many amazing things,” says Pres. Mike McGraw.

03/26/2023

2/2 condo for rent available now in West Lauderhill. Great Neighborhood that is close to everything (Sawgrass Mills Mall, Highways, Schools, and more). Voted Beautiful Lauderhill.

03/25/2023

Check out this 2/2 condo located in West Lauderhill. It features beautiful views, a full-size washer/dryer, stainless steel kitchen appliances, and tile throughout. If you are interested, give me a call.

03/17/2023

03/05/2023

According to this article, there are more homes on the market and available for sale that in recent months, but home prices are still growing (at a slower rate year over year). If you want to sell, now is the time because the market is changing/stabilizing. While it is more expensive for buyers to buy, they are still ready and willing, but for how long? Sellers, please consider that it may take a little longer to sell because there are more options available.

The U.S. supply of homes for sale rose at a record annual pace for the sixth month in a row, up 67.8% year over year in February, signaling the housing market'

01/01/2023

Accoridng to this article, Miami-Dade has a median sales price of $550,000 for a single-family home and $395,000 for a condo, according to the November market report from the Miami Association of Realtors.

Rents will continue to rise, while home sale prices will likely stabilize. Call me if you are ready to sell!

Miami-Dade County’s housing market reached another stratosphere of unaffordable in 2022 — recall the historic sales prices and triple-digit rent spikes — delivering painful blows for many residents struggling to keep up amid an array of consumer price increases.

09/25/2022

This result will vary depending on your interest rate and length if mortgage (15 year versus 30 year), but it generally is the case. And no matter what will shave time off the over all mortgage.

You could also pay an extra $100/month on your mortgage instead for the same results.

A little extra goes a long way.

09/01/2022

Another closing in the books.

09/01/2022

08/30/2022

Rents are growing at a slower rate in South Florida, but are still, on average, $495 more than they should be based on the historical averages. The prices are still growing and are already not affordable for many, so a long-term solution for affordable housing is needed.
According to this article, "on average, rents have grown about 8.39% in the past six months, compared to a growth of around 16% the six months before that." Check it out.

Emerging signs point to rent growth finally starting to cool down across the region.