REAL ESTATE REPORT: Real Estate: Buying - Selling - Leasing Information
First-time homebuyers turn to professionals for guidance...https://anthonyrealestate.
Buyers assess and plan for financial readiness amid affordability challenges
While 79% of all respondents believe their personal financial situation is stable and 85% note that homeownership is important to them, many first-time homebuyers still grapple with the rising costs of homeownership. www.facebook.com/
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Real Estate: Buying - Selling - Leasing: I can Help You!
Residential And Commercial Real Estate -
305-784-6554
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Thinking
of buying or selling a real estate property, everything you need a
knowledgeable and experienced real estate agent advocating for you...
305-784-6554
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THE UNIQUE REAL ESTATE AGENT YOU NEED IN MIAMI DADE, BROWARD, & PALM BEACH COUNTY IS ANTONY JEANTY @ 305-784-6554
AND THE ONLY OFFICE IS FIRST CLASS REAL ESTATE - 12944 WEST DIXIE HWY - NORTH MIAMI FLORIDA. WWW.TWITTER.COM/
FIRST CLASS CAN HELP! CONTACT ANTONY@ 305-784-6554 = WWW.VISIONONECAPITAL.
Nearly two-thirds (64%) say they’re concerned with their ability to afford a home in today’s market due to interest rates, while 62% say they’re worried about being able to afford their other expenses on top of purchasing a home given inflation.
In response to rate concerns, many buyers report taking proactive steps to improve their financial readiness. Eighty-eight percent of respondents have taken actions to boost their credit score in anticipation of purchasing a home, with 51% paying down as much debt as possible and 44% ensuring their credit report has no errors.
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To combat challenges associated with saving, some first-time homebuyers have turned to family for help, with 33% reporting they received a gifted down payment from family or loved ones.
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First-time homebuyers turn to professionals for guidance
For many first-time homebuyers, navigating the homebuying process can feel daunting. In fact, more than half of all respondents (55%) agree that they are overwhelmed by the homebuying process. However, they’re tackling these feelings head-on by turning to mortgage professionals for guidance.
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Twenty-two percent of all respondents have created a personalized homeownership budget with their mortgage broker, while another 26% plan to do so when they meet with a mortgage broker, ensuring they have a clearer picture of what’s affordable and realistic for their unique lifestyle.
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Beyond expert advice, confidence is rising among individuals of all financial backgrounds. Three in five (61%) low to moderate income (LMI) respondents feel knowledgeable about the mortgage process, up from 56% in 2024.
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Residential and commercial real estate, Yes
contact ANTHONY @ 305-784-6554 - I can be your advisor, your
neighborhood Realtor. I am first class, everyone deserves a first class
service. I am with First Class Real Estate LLC
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I would like to help you with your real estate transactions.
As a Realtor, I am dedicated to help you sell your property or to help you find the property of your dreams. 305-784-6554
----Moreover, awareness of down payment assistance programs is increasing among buyers, with 66% now in the know compared to 54% who said the same in 2024.
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"Resources and guidance help first-time buyers move from initially feeling overwhelmed to feeling more confident and ready to navigate the homebuying process," said Kaminski.
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"By leveraging these tools, prioritizing financial readiness, engaging in early discussions with trusted lenders, reducing debt and increasing savings, buyers can make more informed decisions and feel empowered to take the next step toward homeownership."
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Family is a top priority: Three in 10 respondents (29%) said being close to family is one of their top three priorities when purchasing a home.
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Among generations, nearly half (46%) of Gen Z respondents are eager to use homeownership as their starting point for building wealth, highlighting the shift toward homeownership as a key financial strategy.
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Millennials plan ahead: Half of Millennials have factored in homebuying costs such as utilities, property taxes, maintenance and insurance, demonstrating thorough research and financial preparedness.
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Twenty percent is in the past: As a down payment can be one of the biggest obstacles to purchasing a home, 43% of LMI respondents believe that a 10% down payment is necessary, as opposed to traditional expectations of 20%.
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What to Know Before Moving to a Florida Apartment...
Moving into your first Florida rental? Ask questions first because the terms may be different than you expect or are used to.
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Hurricane preparedness and property response
Unlike many northern states, Florida is no stranger to hurricanes. Be sure to ask how your potential complex prepares for storms:
Do they board windows or provide hurricane shutters?
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Who is responsible for securing patio furniture or balcony items?
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What is the communication process during emergencies?
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How often has the property lost power in the past?
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What kind of damage has been done with previous storms?
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It’s also wise to inquire how the property has responded after past storms.
Quick repairs and clear tenant communication can make a huge difference when disaster striks.
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Renters insurance and payment policies
Many Florida apartment complexes now require rental insurance – sometimes with specific minimum coverage amounts.
It protects your belongings and may cover temporary housing in the event of storm damage.
If you fail to provide proof of insurance, some complexes may automatically enroll you in a policy and tack the cost onto your monthly rent,
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Know who’s responsible for what
Florida rental agreements often differ from those up north when it comes to maintenance.
Clarify what’s covered by the property and what you’re expected to handle. For instance:
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Are you responsible for replacing air filters?
How do you request maintenance, and is there an emergency after-hours contact?
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How quickly are issues like mold, broken A/C or leaks typically resolved?
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If you have pets, are they willing to work with you on non-emergency items in the event you wish to be home with your pets during maintenance work?
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If you’re living in an apartment complex in Florida, bugs can be a common issue due to the warm, humid climate. Be sure to get clear information from the leasing office about their pest control policies – including how often treatments are done, whether they cover both interior and exterior areas, and if tenants need to request service or if it’s done routinely.
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Many Florida apartment complexes now require rental insurance – sometimes with specific minimum coverage amounts.
It protects your belongings and may cover temporary housing in the event of storm damage.
If you fail to provide proof of insurance, some complexes may automatically enroll you in a policy and tack the cost onto your monthly rent,
=============
Know who’s responsible for what
Florida rental agreements often differ from those up north when it comes to maintenance.
Clarify what’s covered by the property and what you’re expected to handle. For instance:
-------
Are you responsible for replacing air filters?
How do you request maintenance, and is there an emergency after-hours contact?
----
How quickly are issues like mold, broken A/C or leaks typically resolved?
----
If you have pets, are they willing to work with you on non-emergency items in the event you wish to be home with your pets during maintenance work?
---
If you’re living in an apartment complex in Florida, bugs can be a common issue due to the warm, humid climate. Be sure to get clear information from the leasing office about their pest control policies – including how often treatments are done, whether they cover both interior and exterior areas, and if tenants need to request service or if it’s done routinely.
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Don’t assume utilities work the same
One of the biggest surprises for northern renters is how utilities like water, sewage and trash are billed. Some Florida complexes divide the total cost among all tenants, regardless of individual use. Others track water usage per unit with meters. Make sure you ask:
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Are utilities billed through the city or the apartment office?
Are water, trash and sewer charges included in the rent or billed separately?
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Are there administrative or service fees added onto your utility bill?
Understanding how you’re billed can prevent confusion (and unexpected expenses) down the road.
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Parking can vary widely
Another key question: Is there open parking or are spaces assigned? Some complexes have designated spots, guest parking rules or even charge extra for carports or garages.
One of the biggest surprises for northern renters is how utilities like water, sewage and trash are billed. Some Florida complexes divide the total cost among all tenants, regardless of individual use. Others track water usage per unit with meters. Make sure you ask:
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Are utilities billed through the city or the apartment office?
Are water, trash and sewer charges included in the rent or billed separately?
--
Are there administrative or service fees added onto your utility bill?
Understanding how you’re billed can prevent confusion (and unexpected expenses) down the road.
==============
Parking can vary widely
Another key question: Is there open parking or are spaces assigned? Some complexes have designated spots, guest parking rules or even charge extra for carports or garages.
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Real Estate is a great source of wealth creation...
http://WWW.FACEBOOK.COM/
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Real Estate investing could be extremely profitable if the investor done it well. www.visiononerealestate.
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Anthony Real estate Service For Buyers And Sellers. SOUTH FLORIDA CONTACT ANTHONY @ 305-784-6554
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Real Estate is the absolute pathway to build wealth. -
www.antonyrealestate.blogspot.
http://WWW.FACEBOOK.COM/
----------
Real Estate investing could be extremely profitable if the investor done it well. www.visiononerealestate.
----------
Anthony Real estate Service For Buyers And Sellers. SOUTH FLORIDA CONTACT ANTHONY @ 305-784-6554
=========
Real Estate is the absolute pathway to build wealth. -
www.antonyrealestate.blogspot.
Real Estate is a great source of wealth creation Real Estate investing could be extremely profitable if the investor done it well Rental Properties could pay investors huge dividends for the rest of their lives.----------Real Estate is all around us, we were born in a hospital that’s real estate, When we go to see a doctor at any clinic; that’s real estate ''The place where we live; everybody needs a place to sleep ''Where we shop our groceries, ''The storage unit''The shopping centers we go to buy our stuffs,''The malls that we go to shop''The warehouses''The storage unit where we store our bagages''The hotels, the motelsThe businesses have to be inside a real estate property''The cimetary, the last resting, where we rest in piece All those are real estate and we could invest in any of them
Real Estate is a great source of wealth creation
Real Estate investing could be extremely profitable if the investor done it well
Rental Properties could pay investors huge dividends for the rest of their lives.
----------Real Estate is all around us, we were born in a hospital that’s real estate,
When we go to see a doctor at any clinic; that’s real estate
''The place where we live; everybody needs a place to sleep
''Where we shop our groceries,
''The storage unit
''The shopping centers we go to buy our stuffs,
''The malls that we go to shop
''The warehouses
''The storage unit where we store our bagages
''The hotels, the motels
The businesses have to be inside a real estate property
''The cimetary, the last resting, where we rest in piece
All those are real estate and we could invest in any of them
- The Broward County real estate market in May 2025 shows a median home sold price of $458,304, up 6.4% from the previous year.
- While
inventory levels are increasing, particularly for condominiums, there's
a slight buyer's market for single-family homes and a seller's market
for existing condominiums.
- Overall, the market is offering a more balanced environment for buyers and sellers. Detailed Breakdown:
- The
median sold price for homes in Broward County was $458,304 in May 2025,
indicating a significant increase from the previous year.
- Total active listings increased 55.9% year-over-year, with inventory for single-family homes up 36.3% and condominiums up 67.4%.
- A
4.9-month supply of single-family homes suggests a buyer's market,
while a 9.8-month supply of existing condos indicates a seller's market.
- The market is becoming more balanced with increasing inventory and prices stabilizing.
- Broward County continues to experience price appreciation, with single-family home median prices increasing year-over-year.
- Florida's "Live Local Act" is encouraging developers to build more affordable housing, potentially impacting the market.
---------- Broward County offers a varied and dynamic real estate market.
- While prices are increasing, inventory is also rising, creating a more balanced market.
- Buyers should be aware of the potential for a buyer's market for single-family homes and a seller's market for condominiums.
- The market is becoming more balanced, offering opportunities for both buyers and sellers.
- The Broward County real estate market in May 2025 shows a median home sold price of $458,304, up 6.4% from the previous year.
- While inventory levels are increasing, particularly for condominiums, there's a slight buyer's market for single-family homes and a seller's market for existing condominiums.
- Overall, the market is offering a more balanced environment for buyers and sellers.Detailed Breakdown:
- The median sold price for homes in Broward County was $458,304 in May 2025, indicating a significant increase from the previous year.
- Total active listings increased 55.9% year-over-year, with inventory for single-family homes up 36.3% and condominiums up 67.4%.
- A 4.9-month supply of single-family homes suggests a buyer's market, while a 9.8-month supply of existing condos indicates a seller's market.
- The market is becoming more balanced with increasing inventory and prices stabilizing.
- Broward County continues to experience price appreciation, with single-family home median prices increasing year-over-year.
- Florida's "Live Local Act" is encouraging developers to build more affordable housing, potentially impacting the market.
---------- Broward County offers a varied and dynamic real estate market.
- While prices are increasing, inventory is also rising, creating a more balanced market.
- Buyers should be aware of the potential for a buyer's market for single-family homes and a seller's market for condominiums.
- The market is becoming more balanced, offering opportunities for both buyers and sellers.
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