Knowing what features luxury homebuyers want most can help sellers and real estate professionals position a luxury home for a successful sale. That is especially important now as more luxury homes come on the market and our strong sellers’ market begins to ebb. As the luxury-housing market comes back down to earth amid a slumping stock market, rising mortgage rates and economic uncertainty, Continue Reading
How To Determine Your Home’s Selling Price
Let’s start with some important facts about recent home sale prices in Florida: According to research by Florida Atlantic University and Florida International University, homes in Tampa Bay continue to sell at a premium, far beyond expected prices. While the average home sold in Tampa for 39% above the expected price at the end of 2021, that number rose to 49% as of 3/31/22. In the latest Continue Reading
BUYERS: What Kind of Market Research Should My Real Estate Sales Agent Provide?
For most buyers, purchasing a home is the largest investment they will make, and they crave accurate information to make a sound decision. We believe more understandable information is better when making such an important decision. If comprehensive market research and more might help our clients, we want to provide it. When we talk about “market research” in the context of real estate, we Continue Reading
The Benefits of a 1031 Tax-Free Exchange
Are you a real estate investor or someone looking to exchange a vacation home or rental property for a different type of investment? If so, a 1031 tax-deferred exchange might be suitable for you. When executed strategically and under the right circumstances, 1031 exchanges can help upscale and further optimize your investment portfolio. What is a 1031 Exchange? Under the standard tax code Continue Reading
The Homes Baby Boomers Will Retire In…
Baby Boomers (born between 1946 and 1964), whether they are still working or are fully retired, are at the forefront of what’s been called the longevity economy, living longer, healthier lives than their parents. This physical shift also comes with a cultural shift in attitudes, especially about their retirement home. For the Silent Generation (also known as the Greatest Generation or the World Continue Reading
What To Do When You Inherit a Home
Caveat: This article is not about the legal process for finalizing an inheritance. The details to cover that topic are extensive and readily available online. As a convenience, we have outlined some of the basic steps and guidelines at the end of this article. Rest assured, at some point in the inheritance process, you will need to work with an attorney who should cover all the details of what Continue Reading
Real Estate Sales Agent, Realtor, Broker*…Whom Should I Work With? And Why?
*Terminology is defined at the end of this article. We have to admit – we are a little biased about this topic. One of our tag lines, after all, is Work Directly With The Broker, meaning every person who works with our brokerage WILL work directly with Robert Coscia, our Owner and Broker. This makes a significant difference for several reasons explained here. In this article, we will share Continue Reading
Ways to Minimize Real Estate Capital Gains Taxes
In the last 20 years, there has not been a more attractive market for selling your real estate investments than now. Whether it’s time to downsize, time to sell your vacation real estate, time to relocate for work, time to buy your retirement dream home, or time to move to another state to be near family, home sellers are seeing some of the best sales offers in decades—often for cash and often Continue Reading
The Pros and Cons of Buying a Vacation Home
Thinking about buying a Florida vacation home? You’re not alone. Florida’s 1,350 miles of coastal beauty and seemingly endless sunshine draw millions to our shores each year. Add to that, the Tampa Bay Area is ranked sixth by Travel & Leisure Magazine out of the seven best places to buy a vacation home in Florida, and the idea of a Tampa Bay or Gulf coast vacation home becomes even more Continue Reading
Aging in Place
This article series examines changes in households when our parents age and need additional support. This could mean changes to your parents’ existing home or the purchase of a new home that will better meet their needs (covered in our Caring for Parents at Home article). It also could involve relocating parents to move into your home or otherwise blending your households in some way, which is the Continue Reading
