December 2019 and the year has been spectacular in real estate. Single family homes appreciated in value, interest rates fell and opportunities in real estate were plentiful. A great year to sell single family homes and what a time to buy condos, the most competitive market in years!
The love of pregnant couples motivated real estate transactions. A new baby meant the need for more rooms. Time to sell the small home and buy the larger one. The parents are grateful to provide the larger homes as are the kids with more space to play in. Grandparents may soon follow with a move of their own. Stay tuned if you’re not already.
The marriage of young people and old. Two or three real estate transactions to grow in love together. The newlyweds consolidate their living circumstances and sell or rent their respective bachelor/bachelorette pads. Off they go to make their first home together, in love. Grateful and in joy they contribute to our wonderful market.
Folks that pass away and leave behind the home for the next of kin to receive their love posthumously. The satisfaction of giving and the gratitude of receiving can be joined in love even if spiritually. Oh, death where is your sting? Foiled again!
Young adult children start their careers and move to their own first home. The newly employed buy or rent a home, allowing mom and dad to downsize either in town or another state. Beach or mountain? Four seasons or one? Maybe two, humid and less humid. Thankfully their primary home has likely appreciated and with the acquired equity they can enjoy the spoils of home ownership.
Older parents can live at their adult kids’ home. The multi-generational home switches from providing a roof and home for the young to providing care for the elderly. This provides a great opportunity for the younger generation to experience the option of taking care of their parents when the time comes.
Falling out of love. As hard as that is opens the door to falling in love again. Who knows if maybe with the same person? In all cases, there are real estate implications which in today’s market can be a boon.
Along with buyers and sellers there is an entire industry that is grateful for the impact of love on real estate. Lenders, brokers, builders, developers, real estate agents, insurance agents, inspection companies, plumbers, electricians, roofers, contractors, relocation companies, moving companies, attorneys, title companies, magazines, printing companies, newspapers and even the post office and the person that delivered this magazine to your home. Thank you!
Liede and I are especially grateful for your support and look forward to being of service to you in the coming year. 2020 promises to be another fantastic year in real estate in our area. The low interest rates combined with low inventory in single family homes and high inventory in condos make for the perfect time to make your move. That includes investing in residential and commercial real estate. You can buy and hold, flip, rent, improve, re-purpose…there are so many great opportunities.
May 2020 bring you even more love and gratitude filled with abundant blessings. From our home to yours, Peace be with you.
Frank DeValdivielso, a member the Miami FL Team and The Keyes Company, is based out of 2423 Le Jeune Road, Coral Gables, FL 33134. For more information you can reach Frank at his office, 786 378 8450, or cell, 786 273 8507. You can also email him at RealEstate@MiamiFLTeam.com and please be sure to visit www.MiamiFLTeam.com for the latest listing and news regarding real estate. Call to sign up for a free monthly market report of your zip code.