Posted by Lisa Treu on Friday, March 29, 2019 at 12:00 PMBy Lisa Treu / March 29, 2019Comment
10 Tips to Save Money on your Insurance Costs
Insurance is a vital part of property investment. This is considered to be a big part of it which is somehow overlooked by some investors.It is important that you are investing with proper insurance. However, you want to make sure that the amount you pay in insurance costs will not lead to financial hardship. Whether you already own a home or you're still looking for a home, it's important to know the insurance costs .
Here are some helpful tips on how you can save money on your insurance costs:
Posted by Lisa Treu on Saturday, March 16, 2019 at 9:00 AMBy Lisa Treu / March 16, 2019Comment
Real Estate Advice You Should Ignore
Buying or selling your home is a big decision. It’s natural to have questions, but how can you tell if the information and advice you receive is accurate to your situation? Not only can you find bad information online but it might come from unexpected sources, like your friends, your family and even your agent.
Here are a few of the costly real estate advice that you should ignore each and every time.
1. You’ll save money if you don’t work with an agent – Both buyers and sellers fall into this trap, but bottom line, a good agent will save both parties money through their market knowledge and negotiation skills.
2. Determining your price by online estimates – Online home value estimates, such as Zillow’s Zestimates,...
Posted by Lisa Treu on Friday, January 18, 2019 at 12:00 PMBy Lisa Treu / January 18, 2019Comment
A recent study by the National Association of Home Builders (NAHB) show that a $1,000 increase in the cost of a median-priced newly built home, pushes 127,560 buyers out of the market. This means that the increasing prices are impacting affordability and the ability for potential buyers to purchase a home.
So, what does this mean? This study illustrated how even a relatively small increase in price or interest rate can dramatically impact housing affordability, according to NAHB Chariman Randy Noel. Housing affordability is currently a serious problem in communities across the country including South and Central Florida. On top of rising prices, the concern over interest rates is on the...
Posted by Lisa Treu on Friday, January 4, 2019 at 8:00 AMBy Lisa Treu / January 4, 2019Comment
What is a 1031 Exchange?
One of the most common real estate investment transactions is the 1031 Exchange. Simply put, a 1031 Exchange (also called a “like-kind” exchange) is the swap of one investment asset for another which defers capital gains taxes on profits.
A like-kind asset refers to selling one class of investment for a similar type of asset. For example, an investor currently holds several multi-family properties, such as duplexes, and wishes to sell them all in order to purchase a larger multi-family property, such as an apartment complex. This would qualify as a like-kind exchange.
There are specific IRS rules which must be carefully adhered...
Posted by Lisa Treu on Monday, December 3, 2018 at 5:00 PMBy Lisa Treu / December 3, 2018Comment
If you are new to real estate investing, there is a lot to learn. Unlike investing in the stock market or mutual funds, the success of a real estate investment largely depends on you; what property you purchase and how you manage the property once you own it. Real estate is a large capital investment, so before you write that first offer, it’s helpful to learn as much as you can. These 4 basic tips will give you some direction as you learn about investment opportunities.
Location, Location, Location – One of the most important aspects of a successful real estate investment is the location. The right neighborhood, street or community can make thousands of dollars of difference.
Posted by Lisa Treu on Tuesday, November 6, 2018 at 9:00 AMBy Lisa Treu / November 6, 2018Comment
Florida's 2018 Profile International Real Estate Update
What is the international real estate market doing in 2018? South Florida is such a popular place for buyers from all over the world and the global impact is felt when there are changes. International buyers accounted for 19% of all real estate transactions in Florida based upon dollar volume. This number is down from 21% last year. International buyers state that increased prices, lack of inventory and changes in the exchange rate are a few reasons that they have decided not to purchase a Florida home.
What areas are the most popular for international buyers in Florida? South Florida (Miami, Ft Lauderdale, West Palm Beach) received 54% of all international transactions. Is that a shock? Not really as we have...
Posted by Lisa Treu on Friday, August 17, 2018 at 9:00 AMBy Lisa Treu / August 17, 2018Comment
Who Is Buying Real Estate?
Five countries accounted for nearly half (49 percent) of the dollar volume of purchases by foreign buyers are China, Canada, India, Mexico and the United Kingdom. For the sixth consecutive year, China exceeded all other countries in dollar volume of purchases, buying an estimated $30.4 billion worth of residential property, though that's a decrease of 4 percent from last year.
However, rising home prices and low inventory led to a decline in foreign home purchases in the United States. According to an annual survey from the National Association of Realtors® (NAR), total international sales totaled $121 billion during April 2017 to March 2018, a 21 percent decline from the previous 12-month period. Lawrence Yun, NAR chief economist says "Inventory shortages continue to drive up prices, and sustained job creation...
Posted by Lisa Treu on Monday, July 30, 2018 at 9:00 AMBy Lisa Treu / July 30, 2018Comment
Today’s Forecast: Sunny with Lower Taxes
If you’re one of the millions of adults preparing for retirement, I have good news: Florida is still beautiful, and the tax rates are lower than the Northeast. You’ve made your fortune in the North, now it’s time to preserve and enjoy it here in the South.
As decisions are made regarding estate planning, healthcare, etc. there are several considerations that should take priority related to your real estate holdings:
1. Do you currently own property where you want to retire? 2. Do you intend on retaining ownership of your current property(s) through retirement? 3. Is the master bedroom in your current property(s) on the first floor? (spry now achy later!) 4. Do you want to live in a community or isolated suburb? 5. What type of lifestyle and corresponding activities do you want to enjoy?
Posted by Lisa Treu on Friday, February 23, 2018 at 9:00 AMBy Lisa Treu / February 23, 2018Comment
Are you thinking of buying or selling? Are you not sure where to turn to make sure your real estate transactions goes as you hope? The great news is that Treu Group Real Estate can help you whether you are looking to move down the street, the next state or halfway across the world. You might be saying really? And the answer is yes.
Thinking about moving to the beach? Maybe the mountains are calling your name? Going someone more exotic? It really doesn't matter where you want to buy or sell, we can help.
How can Treu Group Real Estate help you ask?
If you are buying or selling in South Florida, Treu Group Real Estate has the experience to get you the results that you desire. Our team of experts work together to get you the results you desire. If you are buying, having a dedicated buyer's agent will allow you to have...