5 Things Homebuyers Need To Know When Making an Offer
When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and ...
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Posted by Andy Mandel on June 24, 2021 in News
Demand for Vacation Homes Is Still Strong
The pandemic created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from ...
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Posted by Andy Mandel on June 24, 2021 in News
Homeowner Wealth Increases Through Growing Equity This Year
Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban ...
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Posted by Andy Mandel on June 23, 2021 in News
Hope Is on the Horizon for Today’s Housing Shortage
The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. ...
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Posted by Andy Mandel on June 15, 2021 in News
In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price
For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become ...
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Posted by Andy Mandel on June 10, 2021 in News
Home Price Appreciation Is as Simple as Supply and Demand
Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a ...
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Posted by Andy Mandel on June 10, 2021 in News
What’s Motivating People To Move Right Now?
This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they ...
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Posted by Andy Mandel on June 3, 2021 in News
Dreaming of a Bigger Home? Why Not Buy It This Year?
Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to ...
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Posted by Andy Mandel on June 3, 2021 in News
Should I Buy A House In South Florida Now or Wait?
So you're thinking about buying a home in South Florida, and you've heard how absolutely crazy the market is in 2021, so you're wondering, should I buy a home in South Florida now or should I wait until next year when all the craziness calms ...
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Posted by Andy Mandel on June 3, 2021 in News
South Florida Housing Market Update [June 2021]
Hey, it's Andy with the Mandel Team REMAX and I'm here to bring you your June, 2021 Housing Market Update, as always for the purposes of this video. We're gonna be talking about single family homes only in Boca, Parkland and Coral Springs. Those ...
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Posted by Andy Mandel on June 1, 2021 in Housing Market Update