How is the rental market in NE Florida?
Thursday, May 30
You may have seen headlines about rents declining across the country; that is actually not the case here in Northeast Florida. Rents are still at a premium level based on the limited number single family homes for rent, and also higher interest rates deterring buyers. We can also see that anythin...
3 citations for my short term rental inspection!
Thursday, May 30
Now that my driveway and parking area is completed (something mandatory for short term rentals) it was time to get our Fire Safety officer to come by to review the house for anything else required. It turns out I got three citations. While this might sound like a big deal, these are fairly easy ...
Casa Lovett Upgrades!
Tuesday, May 07
I purchased a rental house just over a year ago in downtown St Augustine. While old homes can be a money pit, I also think they represent the uniqueness and charm of St. Augustine better than a newer home. Being a visitor destination where people come to experience the history, these historic h...
How’s the market? Spring 2024
Friday, March 08
February data shows over 7,500 active listings on our Northeast Florida MLS. The market is relatively tight with still less listings than what we would like to see in a balanced market. This past month saw the average home price go to $446,000 for Northeast Florida. Once on market, we have see...
How’s the Market? January 2024
Monday, February 12
January data shows over 7,000 active listings on our Northeast Florida MLS which remains consistent over the past several months. This means the market is relatively tight with not as many listings as in a healthy market, and stable home values. This past month saw the average home price go to ...
New Loan limits on multifamily homes are a gamechanger
Friday, January 26
I wish I would have known this when I was getting started in real estate. Many young people think that buying a home is not even a reality given prices the way they are. They put it off for years, paying rent, in turn paying down other people’s loans. Let’s face it, home prices are likely to go ...