Recent data from a RentCafe study unveils a striking trend among adult Gen Zers, ages 18 to 26, with a whopping 68% still living with family members. This trend isn't isolated to the youngest working generation, as the study also highlights that 1 in 5 millennials remain in the familial nest. These statistics challenge the traditional benchmarks of independence and financial security that previous...
Ever fantasized about owning a mansion (okay, maybe a condo)? While that Hollywood dream might be a ways off, real estate investing can be a surprisingly accessible way to build wealth. But before you start browsing beach bungalows online, let's talk brass tacks. Real Estate Investing 101: It's not all granite countertops and open houses. There are different paths to consider: Rental...
Florida's sunshine beckons, but so do property taxes. Luckily, homeowners can lighten the load with the Homestead Exemption, a significant tax break for your primary residence. Whether you're a seasoned Floridian or a newcomer seeking savings, understanding this exemption is key. The Benefits: Reduced taxable value: Up to $50,000 is shaved off your property's assessed value, translating to lower...
Ever dream of owning a house in Europe for practically pennies? Well, your dream can now become a reality in the small town of Legrad in northern Croatia. The town is offering houses and construction sites for just $0.15 as part of a scheme to boost its population. The houses are available to anyone under 45 years old who is in a marital or extramarital partnership and has no criminal history. They must...
Daytona Beach Eyes Revitalization near Bethune-Cookman University Step off the bustling streets of Daytona Beach and slip into a different rhythm. Here, in the shadow of Bethune-Cookman University, Midtown dreams a quiet dream. Vacancy paints the buildings in muted tones, but beneath the stillness, a pulse quickens. City officials have caught its beat, and they're cranking up the volume. Imagine cafes...
Hold onto your shopping carts, Daytona Beach! Get ready to score mega deals and supersize your savings because Costco is bringing its warehouse club magic to town on February 22nd. Mark your calendars, gather your membership cards (or grab a new one!), and prepare to conquer aisles overflowing with bulk bargains, delicious snacks, and unexpected treasures. This isn't just any Costco, folks. Nestled within...
Daytona Beach tourism is down for a number of reasons. According to Volusia County, Bed Tax Collections decreased by 5.7% percent in the county. These are fees the county collects every time someone stays in a hotel, motel, or lodging in the area. This first and biggest reason is that the pandemic-fueled tourism boom is over. During the pandemic, many people were looking for an open and affordable...
According to the NAR, here are some interesting facts about sellers who sell their home "for sale by owner". An all time low, 7% of recent home sales were FSBO 57% of owners already knew the buyer FSBO's sold for significantly lower than their original list price FSBO's sold for much less than the selling price of their comparable homes FSBO's sold at a median of $310,000, much lower than...
According to NAR here are some interesting facts about Home Sellers: The median age of sellers in the United States was 60 years old in 2022. The primary motivation for selling a home was the desire to live closer to friends and family. Followed by, the home is too small and then change in family situation. Sellers reside in their homes for a decade before deciding to sell. A significant...
Here are some interesting stats about the home search process: Over 40% of recent homebuyers began their search online, while 20% started by contacting a real estate agent. Over 90% of recent homebuyers found their real estate agent to be a valuable source of information. Homebuyers typically spent 10 weeks searching for a home, viewing a median of 7 homes in person and 4 homes online. A...