Tuesday, December 24, 2019 / by Jordana Tobel
2019: Strong, and Getting Stronger
Before discussing what’s in store for 2020, let’s summarize the 2019 real estate market: the 2019 housing market included low rates, high demand, and limited supply. Supply was most limited on the lower end of the market.
What’s to Come in 2020
In regard to what’s to come in South Florida, we look to the experts. On December 13h, at Brickell City Tower in Miami, the sixth annual Market Review provided an overview of the state and future of South Florida’s market. One important point that came out of that discussion is the fact that South Florida will continue to see a swell of transplants from northern states in the coming decade, a trend that will result in the continued upward trajectory of the residential market.
2019 South Florida Market Review anticipates growth.
South Florida Surge
Equally important is the surge of new companies relocating to the tri-county area. T. ...
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Tuesday, November 5, 2019 / by Jordana Tobel
Here at Premier Listings, we are happy to be entering the season of giving and the end of the year.
The South Florida community is brimming with events (our favorites are featured below), good weather of course, and lots of real estate news, see below for some statistics.
What's Happening: Palm Beach County
10th Annual Boca Raton Wine & Food Festival - Nov 9th
One of the largest outdoor festivals in South Florida, attend this amazing culinary affair. The festival takes place on Saturday November 9th inside Sanborn Square Park in the heart of downtown Boca Raton, just south of Mizner park. Tickets and more information here.
Palm Beach Balloon Festival - Nov 29th
Featuring hot air balloons glowing at dusk, balloon rides, food vendors, activities for the kids, and more. This is a family friend event you won't want to miss. Get more information here.
What's Happening: Broward County ...
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Sunday, July 7, 2019 / by Jordana Tobel
Here are the top 20 real estate housing statistics and real estate marketing trends for 2019:
1. How many houses were sold in 2018?
Approximately 5.4 million homes were sold in 2018. This includes both existing homes and new construction. (Source: Realtor.com)
2. What states have the highest property taxes?
Here are the top 10 states for high property taxes for 2018:
New Jersey: $8,780
Connecticut: $7,222
New York: $6,947
New Hampshire: $6,253
Massachusetts: $6,019
District of Columbia: $5,480
Rhode Island: $5,368
California: $5,354
Vermont: $5,331
Texas: $5,265 (Source: CBS News)
3. Which states pay the lowest property taxes annually in 2018?
Property taxes are lowest in the southern part of the United States. The two exceptions are Hawaii and Delaware. Here are the seven states that had the lowest property taxes in 2018:
Alabama: $550
West Virginia: $629
Arkansas: $721
Louisiana: $750
South Carolina: $821
Delaware: $1,274
Hawaii: $1,459
(. ...
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