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Top myths about real estate

Thursday, April 20, 2017

Let’s be clear – the vast majority of people are involved in buying or selling real estate one or two times in their lifetime. So, everything you believe you know about real estate (or at least some parts) might be based on some false facts and myths. The truth is that it is not very difficult to face these myths in this lucrative business. As a matter of fact, many of these myths are passed from one generation to another. Some of these myths are affecting the judgment of buyers and sellers and make them become part of bad deals. So, if you want to avoid situations like this, you must learn how to recognize reality and facts from fiction. Now let’s analyze the top myths about real estate.

Renovating your home before selling is always a good idea

On the contrary, there are many situations in which property buyers have avoided renovated homes because they dislike the homeowner’s taste in design. Obviously, every seller must be sure that their home is presented in the best way, but instead of renovation, you should first clean and de-clutter your home. There is no need for redecoration a simple cleanup should be enough. Let the buyers visualize their future project and you’ll have better chance to sell your home.

Real estate prices will grow

While it is true that the current situation on the real estate market makes many people say that the prices of properties, in general, will continue to grow, it is also true that no one can guarantee this. The collapse of the real estate market that happened ten years ago is a clear reminder that real estate prices can fall and they can fall suddenly.

If you want to sell a property, set a higher price to make room for bargaining

Improper pricing is one of the main reasons that lead to long sales, but most people are not aware of this fact. By setting a reasonable price, you will be able to find the right buyers in a timely manner.

A home inspector plays on the real estate agent’s side

The fact is that every professional realtor will ask for full disclosure for any of their customers. Otherwise, they can expect a lawsuit. So, every real estate agent is obliged by the law and regulations to disclose everything they know and most of them do this. If you are following the home inspector during their activities, you will learn more about your property’s condition.

Open houses are one of the most important things when selling a property

If you take a close look at many surveys, you will find that it is not common for a real estate to be sold due to the open house. This practice increases the number of potential customers and this is the reason why the agents usually recommend them. Of course, keep in mind that an open house usually doesn’t harm this process, so it is up to you.

We hope that these debunked myths will help you!


Single-family rentals on the rise in South Florida

Monday, October 24, 2016

Investing in South Florida real estate market is always a good idea because this market has proven to be stable even during the real estate market crisis. Of course, this real estate market just like the markets around the US is changing. So, it doesn’t really matter whether you are interested in buying or renting property in this part of Florida, you should always follow the latest trends and statistics in order to be sure that you are making the right choice. According to many sources, single-family rentals are on the rise in South Florida and this is definitely something that real estate investors can take advantage of.

It turns out that sale prices for new and existing homes in South Florida have increased in the last two years. There are two reasons for this growth. First of all, the population of Florida is growing. Namely, many people from other states are moving to South Florida and this trend is followed by people from other countries too. Second, both international and domestic real estate investors are showing great interest in every type of property found in South Florida.

Yet, the latest news has confirmed that single-family rentals are on the rise in South Florida. This one unit dwelling building comes with open space plan and it is not attached to any other building. Both landlords and tenants are getting benefits from this kind of properties and deals.

First of all, the landlord has significantly fewer expenses because the tenants must take care of all utilities and take care of the yard. Furthermore, according to some surveys, tenants usually stay longer in single family homes due to their specific phase in their lives (parents with small children). Next, investors can sell single-family homes at a retail price. On the other hand, multi-family homes are usually bought by other investors which mean that you will have to wait for a longer period of time. Let’s not forget that single-family homes have lower property taxes in South Florida. With single-family homes, it is very likely that you won’t have to furnish appliances. Finally, the buyer base (in case you want to sell the property) is much broader.

On the other hand, tenants are glad that they have the chance to live in a home that meets all their requirements. These homes the right amount of space they need and the monthly rent is reasonable.

As we already said, there is a growing demand for this type of homes and it is expected that this trend will continue due to few different reasons. First of all, the demographics in this part of America and everywhere in the US is not expected to change drastically in the near future. Second, job creation in South Florida is improving which is why so many people are interested in rental properties in general. Finally, we should point out that there is limited supply when it comes to this type of property.


Putting Down Roots in NY REAL ESTATE

Wednesday, October 19, 2016

While it is true that small towns have a charm, it is also true that there is something about big cities that makes them very special. Every year, thousands of people are drawn to the metropolitan areas and New York is not an exception. Putting down roots in NY real estate is actually quite easy because New York City is a metropolitan city where more than 30% of residents are born abroad. Let’s be clear, New York is a little bit crowded, very competitive and expensive, but it is still one of the most sought-after real estate markets because it offers great opportunities for every person.

When it comes to housing, there are many different options that will satisfy the needs of every individual. However, if you decide to live in the city, you will probably have to move in so-called full-service buildings. This means that many of the tasks that people who own houses are taken care of by specialized service providers. Living in a condo or apartment means that you don’t need to mow the lawn, clean the snow in front of your garage and do other things around your yard. Of course, if you want to have a yard, you can always buy a house in the suburbs.

We should not forget that New York is a city that’s packed with dozens of museums, hundreds of cultural and arts organizations, over 400 art galleries and some of the greatest attractions found in the United States. It also has more than 100 square kilometers of beaches and public green spaces which include many playgrounds and parks. In many cases, people prefer to stay in smaller towns because of the natural environment, but it seems that when you live in New York you won’t be missing green spaces either.

New York is one of the largest cities not only in the USA but in the world too. However, this doesn’t mean that you will always need to use your car to get from point A to point B. On the contrary, most people prefer the public transportation system because it is well-developed and practical. In addition, you can use the subway or the famous New York cabs. Keep in mind that no matter where in New York you want to move, you will get access to everything you need close to you. Finally, New York is the city that never sleeps and this means that you can use literally any service (food, courier etc.) at any time of the day and night.

If you want to put down your roots in any place, you should think about your career too. If you have selected New York, then you will definitely not be disappointed. Regardless of the career, you want to pursuit, you will find more than one good opportunity in this city. Although the competition is fierce, this should serve as motivation.

These are some of the reasons why so many people are moving to New York every year.


Construction on 101 Bay Harbor is Coming Along Nicely

Wednesday, October 12, 2016

In the last couple of months, there was a significant progress on the 101 Bay harbor project that’s currently taking over the southeast part of Bay Harbor Islands. A few of the buildings are topped out while the construction started on few more residences. There are some parts that have reached the second floor. One of the main reasons for this is the fact that the construction company is doing everything in its power to provide the best results. At the same time, the weather in the past few months was excellent so there were no significant delays due to rain, hurricanes or other weather elements.

The structure is now clearly visible and above the ground. As a matter of fact, you can see it from the surrounding area. The construction is moving along at this location and it won’t take much time before the facade is installed. So, everything is going well and according to the plan which makes the community happy. There is a growing interest in the residences offered here, so it is a good idea to hurry up.

The fact that the progress is going well didn’t surprise people who know Jodi Puder and Michael Puder who are behind this project. With years of experience in the field of construction and real estate, they have decided to invest their knowledge and hard-earned capital into a construction project that they’ve called 101 Bay Harbor.

101 Bay Harbor is located in one of the best parts of the amazing town of Bay harbor Islands. This exclusive community includes luxurious, modern and high-quality residences. For example, they come with floor-to-ceiling windows, secluded terraces, car garages, comfortable modern kitchens, stylish baths and stunning roof top terraces. The location is ideal for every category of homeowners because it is right between two of the most popular and biggest cities in Florida - Fort Lauderdale and Miami. The international airports and some of the most popular beaches in Florida are just minutes away from 101 Bay Harbor. Of course, the town of Bay Harbor Islands has many things to offer too, so those who are planning to move here should rest assured that they won’t miss anything. This is definitely one of the most prestigious locations in Florida and once the 101 Bay Harbor project is finished it will become even more attractive.

The exclusive residences have some excellent features like energy efficiency, open floor plans, excellent thermal and sound insulation, spacious kitchens, Italian style bathrooms and several living choice plans to choose from like 3, 4 and 5 bedrooms plus family room.

The 101 Bay Harbor project will be finished in 2017 and there are still several residences that are available. Don’t miss this chance to live in one of the best places in South Florida.


U.S. Home Sales Up 4% Over 2015

Monday, October 03, 2016

Tags:  investments, luxury homes, new home, Jodi Puder

Should I buy (or sell) my home now? Is it a good time to get involved in such activity? These are some of the questions that both homeowners and home buyers are asking these days. Regardless of the role, you have in this process, it is always a good idea to do some research and check the statistics.

According to official statistics from relevant agencies and institutions, U.S. homes rose by 4% in 2015. At the same time, home sellers have witnessed price gain since purchase like they have never seen before. While we are talking about average price gain, it is good to mention that sellers have witnessed such gain in 2014 too, but in the previous five years, there were average price losses.

We should not forget that these statistics refer to the average home sales throughout the US. So, if we set aside just a few small local markets, we can freely say that the US housing market is stable and works perfectly fine. In other words, homeowners and investors can rely on property investments as profitable assets. This is certainly good news that will encourage more investments in real estate. Home buyers needed such support because, after the collapse of the real estate market in the 2000s, many people were skeptical about this market.

The numbers that we see from 2015 and the fact that home price gains for all sellers are stable should probably strengthen the confidence in property market not only in 2016 but in 2017 too. Early reports show that this trend is continuing in 2016 too even though we have a few months until the end of the year. It’s good to mention that the local real estate markets that were popular in the past are popular today too and this is why they have the highest average price gains. These areas include Miami-Dade County and West Palm Beach-Boca Raton County in Florida and San Francisco metro area and San Mateo County in California to name a few.

Another interesting fact is that the median home price of US homes in 2015 has reached $206.000 which is around 10% more compared to 2014. Nine out of ten metropolitan areas have witnessed growth in the median home price. On the other hand, the number of cash sales has dropped which is not a surprise because this type of sales is going down for seven years now. The same goes for short sales combined and distressed sales. The sales of new homes have reached around 570.000 and experts expect this number to grow to 750.000 in 2016.

Even though it is difficult to make precise predictions for the future of US home market, things are definitely looking good. Still, the construction industry and investors must be aware of the changes that are going on, like the decline in marriage rates and homeownership. By following the latest trends, both sellers and buyers can build a better position in this process.


A Few Good Reasons to Opt for a Vacation Home in South Florida

Wednesday, September 28, 2016

Tags:  Florida, holiday, travel, Vacation Home, South Florida, tourist, vacation

It doesn’t really matter whether you are interested in investing your hard-earned money in a place known as home to many celebrities and rich people or you are attracted by the opportunities that home flipping provide, South Florida won’t leave you disappointed. Miami and the cities around it like Aventura, Fort Lauderdale, and Hollywood are witnessing some radical increase in investment activity from both US and international property investors. Experienced realtors and homeowners know that South Florida real estate market promises many perks. In case you are wondering what are some of the good reasons to invest in a vacation home in this part of the United States we will mention the most interesting ones.

Outstanding entertainment

If you are worried about boredom, you should know that this feeling is almost forgotten in South Florida. According to people who live in this part of Florida, there is always something that people can do when they are in South Florida. Those interested in nightlife should visit Ocean Drive where they can find some of the best nightclubs in America. South Florida is home to many art galleries, boutiques, malls, museums, and stores. Miami is definitely the place where you can find all these things, but it is good to point out that the surrounding area will surprise with its entertainment opportunities too.

Incredible views

Florida is one of the most popular holiday destinations in the world. Numerous top lists dedicated to the best beaches in the world include some of the famous beaches in Florida. South Beach and Bahia Honda State Park are just two examples of incredibly clean, sandy beaches. People take hundreds of photos in these places on a daily basis. Just like in any other state or area, location is almost everything when it comes to South Florida real estate. The good news is that many of the homes, condos, and resorts in South Florida come with stunning oceanfront views. This is one of the reasons why real estate experts claim that these homes can’t lose their value in the future. At the same time, the economy in South Florida is making progress faster than ever before allowing new homeowners to find jobs suitable to their education and needs.

Top dining options

There are many places where you can dine in South Florida, but some people say that Lincoln Road in Miami is the best. This is the street where you can find Italian, Cuban, Mexican, traditional American and many other types of restaurants. There are few other places where you can find local grocery stores with organic food.

Preconstruction options

Another great thing about South Florida real estate market is the wide range of preconstruction projects that people can invest in. They promise significant money saving and great ROI (return on investment). This is also a safe way to invest in properties.

According to the latest news and the predictions made by qualified and experienced realtors, South Florida will continue to be a growing real estate market in the near future.


Real estate overview for Aventura, Florida

Wednesday, September 21, 2016

Tags:  real estate, agents, Aventura, Jodi Puder, Florida

Aventura is one of the most popular suburbs of Miami, the most populous city in Florida. Situated in the northeastern part of Miami, Aventura has recently become a real estate hot spot. What is interesting is that it became a city 20 years ago and ever since then, the population is growing. In 1995 this city had a population of 15.000 and today it has a population of 37.000. These numbers alone tell us a lot about the attractiveness of this area.

People who love pleasant, warm climate love the city. Namely, Aventura has a tropical climate and most of the days are sunny and warm (except during the winter). It’s good to point out that this is a relatively small community that covers an area of about 3 sq. mile. Yet, the city is home to some of the best condo projects and apartment building projects in this part of Florida.

Those who want to buy a property there will be pleased to hear that they have a wide range of properties to choose from. Despite the fact that Aventura is an attractive area, the prices of most properties are fair and reasonable. It is not difficult to find a good home for less than $400.000. Of course, people can also rent a property too.

Although Aventura is a small city, it is usually separated into five communities when it comes to homes – Country Club Estate Homes, Island Way Homes, Island Estates Homes, Aventura Lakes Homes and Aventi Aventura. These areas have some similarities and some differences too. On the other hand, if you are looking for condominiums in Aventura you should take a close look at Mystic Pointe, Porto Vita, Peninsula Aventura, Hamptons South, and Alaqua. Of course, it is a place where you can find luxurious homes too. These homes are suitable for single people, couples, and families. What is even better is that there are many condos with breathtaking ocean views.

Aventura is a city where people can do and see many things. For example, those who are fond of shopping should check one of the biggest malls in South Florida – the Aventura Mall. This mall covers more than 2 million sq. feet and has more than 250 stores, bars, and restaurants. Besides the Aventura Mall, you can visit few more shopping malls like Concord Plaza or Aventura Plaza for example.

Families will find the city attractive too because their children can become part of a high-quality education system. There are many kindergartens and schools and one that deserves special attention is the Aventura City of Excellence School.

Finally, it’s good to point out that Aventura is a city where cultural and entertainment activities are happening almost on a daily basis. There are a few museums and galleries, beautiful parks and excellent places for outdoor activities.

Buying a property in Aventura is one of the best decisions that you can make because Aventura is a great place to live.


A Few Things You Should Know About Fort Lauderdale Real Estate Opportunities

Wednesday, September 14, 2016

Tags:  Fort Lauderdale, Miami, Jodi Puder, real estate, investments, Opportunities

Fort Lauderdale, often called the Venice of America, is a city situated in the most beautiful part of Broward County in South Florida. According to many experts, this is one of the most important cities in this part of Florida. Many people know Fort Lauderdale as an attractive holiday destination. According to official statistics, more than 12 million tourists visit Fort Lauderdale every year. This city has an interesting history and its name comes from the numerous forts built in this area during the Second Seminole War. Namely, these forts were mostly built under the command of William Lauderdale.

The city of Fort Lauderdale covers an area of 36 sq. miles. The reason why people love this city is simple – it has some of the best beaches in Florida. Sea Ranch Lakes, Dania Beach, Hollywood, Cooper City, Lauderhill, Pompano Beach and Wilton Manors are some of the places around Fort Lauderdale. When it comes to climate, Fort Lauderdale has a tropical climate that’s a little bit diverse because, despite the fact that the weather is warm and sunny most of the year, there are days in the winter when the weather is cold. It is worth mentioning that Fort Lauderdale is affected by hurricanes from time to time, but the city has a good system that minimizes the damages caused by hurricanes.

Today, Fort Lauderdale has a population of about 178.000 which is 8% growth compared to 2010. This means that more people are moving to this attractive city every year. However, the population density is not very high which means that the streets are never too crowded. Even though English is the primary language in this city, it is not unusual to hear Spanish, French, French Creole and even Portuguese. As we already mentioned this is a diverse city. What is important when it comes to the real estate market and opportunities is the fact that the median home value in this area has increased almost twice in the last decade. Of course, this growth depends on the location of the property and the type of property.

Fort Lauderdale has an excellent infrastructure, transport and education system. The level of education is same as the national average and the city has more than 20 public schools. In addition, there are few other institutions that contribute to the overall level of education and culture in this area including the Florida Atlantic University, Broward Community College and the Art institute of Fort Lauderdale. Finally, the economy in this area is strong and mainly depends on tourism. The city is especially vivid during spring breaks and it is frequently visited by yachting fans. The level of unemployment is very low which is why many new homeowners are interested in this area.

Some of the most attractive neighborhoods in Fort Lauderdale include Seven Isles, Lauderdale Shores, Las Olas by the Sea and Venice. There are many single family homes, condos and townhouses to choose from and there is a significant number of rental properties too.


Construction operations of 101 Bay Harbor project advancing as planned

Wednesday, September 07, 2016

Tags:  101 Bay Harbor, Jodi Puder, new home, miami business, investment, construction

South Florida is the home of some of the most interesting and attractive communities in the United States. This is one of the reasons why so many future homeowners are taking this area into consideration when they are looking for their new home.

A good example of a community like this in South Florida is Bay Harbor Islands. There are many things that make this community special. For example, the two islands that are part of this community have an interesting history. In the past, Bay Harbor Islands were just small unpopulated sandy islands located in the center of the famous Biscayne Bay. The only people who noticed these islands were the boaters operating there and they probably wanted these islands to be gone so they can drive easily. However, after the Second World War, a few real estate investors have recognized the true potential of these islands. It didn’t take much time before the first homes, stores, shops and hotels were built on these islands. Ever since then, the population of Bay Harbor Islands is growing, but those who are interested in buying an apartment or property there should not be worried because there is still enough space for new homeowners.

At this moment, there are at least five construction projects in Bay Harbor Islands. According to many experts, the one that deserves most attention is 101 Bay Harbor. There are a few reasons why 101 Bay Harbor is so attractive.

First of all, this project is developed by a reputable company – The Puder Group. This real estate company was already involved in a few building projects in Florida which mean that they have the necessary experience and knowledge for projects like this.

101 Bay Harbor is located in an attractive part of Bay Harbor Islands. It actually represents a group of gated residences that will make Bay Harbor Islands even more modernistic, luxurious and attractive. What is interesting about these residences is that they are strategically positioned to a few important places in Bay Harbor Islands like the Ruth L. Broad K-8 Center, a public school with an excellent reputation.

101 Bay Harbor is close to some of the finest restaurants, bars, and stores in South Florida. The future residents of these residences won’t have to use their cars frequently because they will have almost everything they need within walking distance. We should not forget that Bay Harbor Islands town is close to Downtown Miami and Miami Beach, so it is easy to make trips to these popular areas.

Future homeowners who have invested in 101 Bay Harbor and those who are planning to do this will be glad to hear that the construction operations of this project are advancing according to the plan. It won’t take much time before they can enter their new, attractive residences with modernistic floor plans. In addition, the residences that will be part of 101 Bay Harbor will have private spacious balconies, modern windows, practical and attractive kitchens, garages etc.


101 Bay Harbor Is Making Tremendous Progress!

Wednesday, August 31, 2016

Tags:  101 Bay Harbor, Jodi Puder, new home, miami business, investment, construction

Bay Harbor Islands is one of those Floridian towns located close to Miami that has not lost its charm and appeal despite the great construction activity expansion. This town that consists of two beautiful, tiny islands has always been attractive to individuals looking for a peaceful, calm area close to some of the most important areas in Florida. Those who know these things are not surprised by the fact that Bay harbor Islands are witnessing constant population growth in the last 25 years. However, it is good to mention that this growth is gradual and it doesn’t affect the normal living in this area. On the contrary, everything is functioning normally.

There are currently a few different building projects in this area, but the attention of the public is mostly focused on 101 Bay Harbor, a project developed by The Puder Group.

Situated in one of the most beautiful parts of the vivid town of Bay Harbor Islands, this special portion of land is home to modern, gated and luxurious residences. It is good to point out that the residences are very close to the famous Ruth L. Broad K-8 Center, which is one of the best public schools in Florida currently serving more than 1300 students. They have received numerous awards for their exceptional work.

The area where 101 Bay Harbor, is located is full of restaurants and shops, so just a short walk will get you to Bal Harbor shops or Kane Course. In addition, we should not forget to mention that there are many clean, white sandy beaches there worth visiting. In addition, there is a beautiful walking path that starts close to this location and goes all the way to Miami Beach.

Even the existing residents of Bay Harbor Islands can’t wait for this complex to be finished because it will make this area even more attractive. The luxurious, modern residences come with spacious and open plans that give people a chance to get a home that suits their personal needs, requirements, and wishes. Additionally, these residences have private balconies, floor to ceiling windows, modern kitchens with incredible solutions, garages for two vehicles, great baths and exclusive roof top terraces.

The location of these residences is definitely the best thing about them. They are situated right between Fort Lauderdale and Miami and close to two famous international airports and many other interesting facilities. The popular South beach, Downtown Miami, the Design District and Miami Beach are located south Gulfstream restaurants, shops and casinos. The Aventura Mall and the beautiful beachside boardwalk in Hollywood are located north.

Despite the fact that we are in the middle of summer, 101 Bay Harbor is making tremendous progress! The counters of the building are already visible and the professional teams of constructors are working inside the buildings making sure that everything goes according to the schedule. Without any doubt, these residences will be finished on time and they will allow a new generation of Harbor Bay islands residents to enjoy the beauty of this place.


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Sunday, April 22, 2018

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Top myths about real estate
  Let’s be clear – the vast majority of people are involved in buying...

Single-family rentals on the rise in South Florida
Investing in South Florida real estate market is always a good idea because this market...

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