New construction slows in May as builder confidence drops due to high interest rates, impacting housing starts and market inventory. In May, the issuance of building permits dropped to 1,386,000 (SAAR), marking a 3.8% decline from April and a 9.5% decrease compared to last year. Housing starts also saw a decline, falling to 1,277,000 (SAAR), which is 5.5% lower than April’s revised numbers and 19.3%...

The commercial real estate market is facing tough times. Imagine you own a big office building, but many of your tenants have left due to the pandemic, and it's been hard to find new ones. This means you're not making enough money to pay off your mortgage. Banks that gave you the mortgage are getting worried because if you can't pay, they'll lose money. To avoid bigger losses, some banks are deciding to...

Maintaining your garage door and its components is essential for ensuring its smooth operation and longevity. Regular cleaning can prevent wear and tear, enhance safety, and keep your garage door looking great. Here’s how you can do it effectively. Importance of Cleaning Your Garage Door and Parts: Ensures Smooth Operation: Regular cleaning prevents dirt and debris from interfering with the...

As we move through 2024, homeowners and buyers alike are increasingly seeking modern, practical, and stylish features that elevate their living spaces. Here are some of the top-requested home features that are making waves this year: Kitchen Upgrades The kitchen remains the heart of the home, and today's homeowners want it to be both functional and beautiful. Granite and quartz countertops top the...

In today’s rapidly advancing world, smart home technology is transforming the way we live, offering convenience, security, and efficiency like never before. If you’re wondering whether your home is ready for a tech upgrade, you’re not alone. Many homeowners are exploring the latest innovations to enhance their living spaces and increase property value. Smart Home Technology Trends Smart home...

Daytona Beach, known for its beautiful beaches and vibrant dining scene, is facing a significant change that could impact outdoor dining. The Daytona Beach city council is scheduled to vote on an amendment to the city’s land use code that might lead to businesses losing their beloved outdoor seating areas. The proposed changes aim to eliminate licensing fees for outdoor seating and allow businesses to...

Affordable housing can be difficult to come by. In the past decade alone, the number of homes for purchase under $200,000 went from half of all sales to 21% of all home sales, according to a recent report. At the same time, the national median listing price on homes has increased nearly 40% since 2019. For the roughly two-thirds of Americans who do own homes, location is a major determinant of their...

Just as you care for the major systems inside your home, incorporating regular cleaning practices, like Cleaning Your Refrigerator Coils, is crucial for promoting efficiency and prolonging the lifespan of your appliances. By adopting these habits, you can maintain a well-functioning home that thrives in Central Florida’s climate. Here’s how you can do it effectively. Importance of Cleaning Your...

We are thrilled to announce that one of our clients has successfully gone under contract for a beautiful home in the vibrant Entrada community in St. Augustine! This exciting milestone marks a significant step forward for our buyer, who has been dreaming of a perfect vacation home away from the chilly winters of New England. Our client, hailing from the picturesque region of New England, had a clear...

Exciting news for homebuyers and homeowners alike! Mortgage rates have finally dropped into the 6's for the first time since March 11th. This significant change is a welcome relief for many who have been waiting for a more favorable time to purchase or refinance their homes. The drop in mortgage rates brings renewed hope and opportunity to the real estate market, making it a perfect time to explore your...