The year 2017 was a good one for the economy in the United States. People in Florida may have contributed to this by either buying or selling a home. Many of these sales took place in South Florida, which, overall, is seeing a solid housing market.
Airbnb is an up-and-coming service that allows homeowners and renters to lease out their homes on a short-term basis to vacationers. Many people in Florida have found it useful, both as travelers looking for an affordable place to stay, as well as homeowners and renters looking to earn some extra money. Now, the Financial Times is reporting that Newgard Development Group, which is a real estate developer in Florida, is partnering with Airbnb to launch apartments in the state.
If you own business or residential property in Florida, you may think that because you own the property, you can build and develop it as you please. Picking out just the right space for your business or family can be difficult based on your needs. You may have a vision for the property that just a few renovations can fix, but making it just right might be easier said than done.
Owning a home may be part of the "American dream," but it is important to buy and sell at the right times. A research group recently compared the sale price of almost 30,000 homes in South Florida in the second quarter to the price the homeowners paid at the time that they purchased the property. The profits noted did not include expenses related to renovations performed on the homes. The results were startling.
Prospective home buyers in Florida want to find a house that has all the amenities they need at a good price. Therefore, when a short sale home that has all the features they want comes their way, it is awfully tempting to snatch up that home at a price that is much lower than it would normally be. However, there are some things to look out for before purchasing a short sale home.