September 2017 Real Estate Market Activity
Hurricane Irma hit South Florida on September 11th, and all market activity ceased for the remainder of the month. Closed Sales and New Pending Sale listings dropped dramatically and were extended to at least October. While damage to housing was not reported as extensive, widespread tree canopy debris and lack…
What is Property Tax Portability?
In Florida, Property Tax Portability refers to the ability to transfer up to $500,000 of accumulated Save Our Homes Cap “Savings” from an existing or prior homestead exempt property to a new property established as your homestead within two tax years of selling or abandoning your existing or prior homestead….
Adagio Fort Lauderdale Beach Luxury Condos
Adagio Fort Lauderdale Beach is a new development condo under construction on the bay side of Fort Lauderdale Beach. Located at 435 Bayshore Drive, this exclusive building has only 31 residences, all with views of the Intracoastal Waterway. The building will rise 10 stories above the Fort Lauderdale Intracoastal Waterway with…
Remodeling Projects That Appeal to Home Buyers
The following interior projects REALTORS® ranked highest to lowest as remodeling projects that would appeal to home buyers (listed along with project estimate costs and the potential return on investment at resale): 1. Complete kitchen renovation Cost estimate: $65,000 REALTORS® estimated cost recovered: $40,000 Percent of value recovered from the…