What’s the latest Real Estate News?


Whats happening in Real Estate market

Keeping up with the Real Estate Market news is no small task.

Here, I thought I’d feature some interesting; yes indeed interesting, along with need to know Real Estate news and events that occurred during May 2019. With so many of us always on the move, you’ve quite possibly haven’t been able to keep up. With this in mind, I’ve cherry picked a few articles that I found across the web, that offer up important facts for you to know. I’ve always been a firm believer in staying in the know. So lets get in the know.

I’ve provided brief summaries of the articles for you, and you can then click on the “Read article” links to read the entire article, which you’ll want to do, as they provide a lot of insight and interesting tidbits on the Real Estate market.

Change seems to be constant, doesn’t it?  Lets get started and discover the Real Estate news from May.


Future Real Estate Market Predictions


What’s happening in the Real Estate Market and what does the future hold for the market?  This article shares some ideas predicting what is in store for us. Don’t you just love predictions?!

Three industry experts discuss economic expansion, rising home sales and wage growth.


Online Home Estimates and Their Value


What are the origins of the online estimate and where are they now?  While once in a blue moon they may sometimes come close in their estimates, did you know that even Senior Z executives would even hire a Real Estate Agent to sell their homes?! Now that’s telling, isn’t it? Now you know what us Real Estate Agents mean when we tell you that Zestimates aren’t all they’re cracked up to be.  You really ought to listen to us.

Computer generated estimates often touted as simply a conversation starter by Real Estate Agents when discussing a customer’s home value with them. Yet, not always what the homeowner wants to hear. It’s up to the Agent to explain the pricing differences; after all, isn’t it the Agent you’re hiring who is the expert, the one who prices homes for a living? This is so much about making sure you choose your Realtor right to avoid the dreaded results, when you don’t.

Public view of these online estimates have come to a sharper understanding where more and more view these values as just an estimate and will rely on their Realtor to provide a more accurate home selling price. Ultimately, it will always be about deferring to your local Realtor for their knowledge.  High five.


Taxes Driving People to Move to South Florida


With the recent tax law changes, we’re finding that more and more homeowners are making the move out of high tax states; those states adversely affected by SALT (state and local taxes) when it comes to taxes. Check out the predictions for residential growth in the lower taxed states.

Luxury Real Estate markets, such as those located in Boca Raton Florida are welcoming new residents to its city, typically within East Boca Raton Florida where you’ll find those moving to Boca Raton Florida.

²Read article


NAHB: Biggest Roadblock for U.S. Home shoppers is High Home Prices


Home Buyers continue their search for a home, even after searching for 3 months or more have passed them by, as reported in a recent survey conducted by the National Association of Home Builders.

I can certainly understand this dilemma as I have an adult son, a first time home Buyer, who has been searching for a home to buy. It seems that either homeowners have pipe dreams as to the true value of their homes or my son just doesn’t want to settle for something less than what he envisions – I wonder what it is…?! 

Take a closer look at the NAHB findings to see what many first time home Buyers are experiencing.

³Read article


Know your Property’s Encumbrances


Surveys will detail a property’s easements. When buying a home, a survey will be provided detailing your property lines. When buying a home you will be advised of your property’s encumbrances that can include such items, as easements and encroachments. This Real Estate event reveals their importance and what happened when a Californian homeowner ignored an easement on their property when they decided to mess with a 180 year old oak tree. Really? Who would ever want to mess with an 180 year old oak tree, anyway?! Well these homeowners did and it wasn’t taken lightly by a judge.

Read the article


Real Estate Property Lineds


More on encumbrances. An encumbrance is when somebody else has an interest in part of your property adding restrictions to your property. Encumbrances can come in the form of an encroachment and easement. An encroachment is a physical intrusion onto another’s party; for example your neighbor’s fence. An easement provides somebody else the legal right to use part of your property; for example with a utility easement the local power company may have lines installed on your property that they may need access to from time to time. It’s important to know what affects your property so you don’t end up like the California homeowner above.


Today’s featured articles included in; “Real Estate News and Events from May” was prepared by your Southeast Florida Realtor, Lynn Pineda, with eXp Realty. You’ll find Lynn helping home Buyers and home Sellers alike here in Southeast Florida from Boca Raton Florida to Coral Springs Florida and surrounding cities. Delivering Real Estate Promises.


Real Estate References:

¹Articles from Florida Realtors.org 

²Article from The Real Deal

³Article from The Housing Wire

⁴Article from Fox News


Related Resources in Real Estate:

Increasing your home’s value by John Cunningham

Why you Should Consider Hiring a Listing Agent by Michelle Gibson

Showing Instructions for your Home by Sharon Paxson

1st Quarter 2019 Top Real Estate Articles by Bill Gassett

The Home Buying Process by Jamohl Dewald

Stamped Concrete – a Great Alternative by Kevin Vitali


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