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What The Real Estate Market is Doing Today and How It Impacts You
Moving You In The Right Direction
Higher Rates and Short Supply: The State of Real Estate in 2022
The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply...
5 Ways to Write a Winning Offer in Today’s Real Estate Market
Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only...
Seller’s Checklist: A Timeline to Prep Your Home for Sale
We’re still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell.1 If you want to maximize your sale price, it’s still important to prepare your home before putting it on the market. Start by connecting with a real estate agent as soon as...
539 NE 25 Street Wilton Manors FL 33305
Sold in just one day at full price with a 30 day stress free closing!!More Information Call: 954-922-3083Email: Scott@ScottRivelli.comMore Property Details This spacious 4/2 pool home was completely updated in 2015 followed by impact windows, doors, new heated pool,...
4241 NE 13 Ave Oakland Park FL 33334
This 3 Bed-2 Bath pool home with laundry room and spacious Florida room is nicely updated, immaculately maintained, and perfectly located in the North Corals Neighborhood of Oakland Park.More Information 954-922-3083Scott@ScottRivelli.comMore Property Details This 3...
Experts are split on the State of Real Estate.
NEWS & MEDIA Artur Debat / Getty Images FEBRUARY 28, 2022 Will Sales Rise or Fall this Year? Experts Divided Even experts don’t know what will happen. About half think rising costs and rates will deter buyers, but the other half think more listings will boost...
Hedge Against Inflation With These 3 Real Estate Investment Types
The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you. Economists expect the effects of...
Market Starts Big in January 2022
How Is The Market Doing?BROWARD HOUSING MARKET STARTS THE YEAR WITH A BANG Just in! January 2022 released from Florida Realtors® detailing recent real estate activity in Broward County. The reports compare year-over-year data. Here are statistics on single family...
8 Popular Home Design Features for 2022
8 Popular Home Design Features for 2022 There’s a lot to consider when selling your home, from the market and appraisals to where you’ll go next. Don’t forget, however, that design is also a key factor. It’s often one of the first things buyers notice when they walk...
9 Tips for Buying and Selling Your Home at the Same Time
9 Tips for Buying and Selling Your Home at the Same Time Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it's...
Real Estate Market Stats December 2021
Local Real Estate Data for Broward County and Local Areas is Populated by Florida Realtors SunStats. Local City and Town Real Estate Stats For more detailed information or real estate data for your neighborhood do not hesitate contacting me at 954-922-3083 call, text...
2021 Local Annual Real Estate Stats
2021 Annual Real Estate Data for Broward County and Local areas is populated by the Florida Realtors SunStats. Local City and Town Real Estate Data For more detailed information or real estate data for your neighborhood do not hesitate contacting me at 954-922-3083...
Fannie Announces Free Courses for New Homebuyers
First-time buyers need to qualify for some mortgage products, like low-down payment loans and lower interest rates.
The State of Real Estate in 2022
A Return to ‘Normal’? The State of Real Estate in 2022Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there...
Some Credit Scores Could Move 80 Points Higher
News & Media | Florida Realtors News | Some Credit Scores Could Move 80 Points Higher By Kerry SmithA study to find the impact of new credit score data – rent and utility payments – found the biggest boost for consumers who haven’t used credit in at least six...
Author Patrick Bet-David drops $9M on Broward office buildings
Patrick Bet-David (PatrickBetDavid.comhttp://PatrickBetDavid.com, iStock/Photo Illustration by Steven Dilakian for The Real Deal)Two properties are in Fort Lauderdale and Oakland ParkDecember 27, 2021 05:30 PMBy Francisco Alvarado In Fort Lauderdale, an affiliate...
Finally! Oakland Park Scores 100 on Annual Equality Index
After years of just missing the mark and coming oh so close, Oakland Park finally got a 100 on the Human Rights Campaign’s Municipal Equality Index annual report. “Oakland Park embraces and celebrates the rich diversity of its staff, its citizenry and its visitors...
New Build or Existing Home: Which One Is Right for You?
Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale.1 Nationwide, there were 1.27 million active listings in September, down 13% from the previous year. According to the National Association of Realtors, that’s about 2.4 months of...
Why Florida Doesn’t Stay on Daylight Savings Time
NEWS & MEDIA Tetra Images, Brand X, Getty Images NOVEMBER 3, 2021 Daylight Saving Time Ends Nov. 7. Why Does Fla. Still Do This? In 2018, Fla. lawmakers approved year-round Daylight Saving Time in keeping with the Sunshine State’s theme. But Congress still hasn’t...
A tale of two cities competing for a commuter rail
SOUTH FLORIDA SUN SENTINEL Letter To the Editor JUN 12, 2021 AT 10:00 AM I thoroughly enjoyed Wilton Manors Mayor Scott Newton’s column about the need for cities to work together on commuter rail. I could not agree more. It is critical that the Coastal Link...
Spend a Weekend in Florida’s Most LGBTQ+ Friendly Small Town
Wilton Manors just might be the most vibrant small town in America.
30-Year Mortgage Drops After Hitting 3% Last Week
Interest Rates this week averaged 2.95% – roughly the same level they’ve seen for a few months. One year ago, a 30-year, fixed-rate loan averaged 3.15%.
Finding a New Home for Your Next Stage of Life
Imagine the first place you lived as a young adult. Now imagine trying to fit your life today into that space. Not pretty, right?For most of us, our housing needs are cyclical.1 A newly independent adult can find freedom and flexibility in even a tiny apartment. That...
Study: Discrimination Limits LGBTQ Homeownership
Source: “How Discrimination Impacts the LGBTQ+ Community on the Journey to Homeownership and Beyond,” LGBTQ+ Real Estate Alliance (April 2021)Photo: Francesco Carta fotografo, Getty ImagesA 46-page report from Freddie Mac and an LGBTQ alliance finds $1T in...
Why the Buyer Frenzy? Fear of Missing Out (FOMO)
Photo By: John Rensten, Image Bank, Getty ImageSource: “Record Prices for Red Hot Housing Market: ‘Fear of Missing Out,’” NPR (May 21, 2021)What if today’s tight inventory gets even tighter? What if mortgage rates go up? NAR’s chief economist says strict...
June Chore No. 1: Check Insurance Coverage, Inventory Home
Flooding? It’s not covered by standard homeowners insurance policies. Owners should also create a video inventory of household possessions in case they must make a claim.SEBRING, Fla. – June is here; that means sunscreen, bathing suits, sweet tea and yes, hurricane...
Wilton Manors Appoints 3 To Planning & Zoning Board
John McDonald The Gazette 15 April 2021Wilton Manors Commissioners filled three positions on the Planning & Zoning Board at Tuesday’s regular commission meeting. Tim Theisen, Jeffrey Ferraro and Tim Moses were selected from a field of six applicants....
Can I Buy or Sell a Home Without a Real Estate Agent?
IS A REAL ESTATE AGENT RIGHT FOR YOU?Today’s real estate market is one of the fastest-moving in recent memory. With record-low inventory, we’re seeing multiple offers—and often bidding wars—for homes in the most sought-after neighborhoods. This has led some sellers to...
JPMorgan CEO Foresees Post-Pandemic Boom
By Jessica Menton News & Media Florida Realtors NewsJPMorgan Chase CEO Jamie Dimon calls robust consumer savings and a $2T infrastructure plan the economic “Goldilocks scenario” for fast and sustained growth into 2023.NEW YORK – JPMorgan Chase CEO Jamie...
FDOT Powerline Road Mobility Improvement Project
Planned improvements for the $3.1 million project on Powerline will be installed between Commercial Boulevard and NW 29 Street. The U.S. Department of Transportation awarded a grant to the Broward MPO and its partners to extend the Broward Regional Complete Street...
To Stage or Not to Stage? NAR Study Finds It Helps
By Kerry Smith News & Media Florida Realtors News Photo by: Wachirawut Priamphimai / EyeEm / Getty 82% of Realtor buyers’ agents say staging helps buyers visualize a property; and 7 out of 10 agents say the pandemic added value to photos, videos and...
Vast Majority of Residents Say Oakland Park is Headed in the Right Direction
OAKLAND PARK, FL (April 1, 2021) – The City of Oakland Park today released results of a citywide survey conducted by The Kitchens Group in March 2021. The study measures resident satisfaction of services and identifies community priorities. Results from a...
Spring Season? Listings Down 70% in 2 Fla. Metros
April 2, 2021 News & Media Photo: robuart/iStock/Getty ImagesBuyers often set their sights on spring, but unless sellers join in, this year’s shoppers will have 50% fewer homes, on average, to consider...
Homes have literally never been more expensive
An abysmal lack of homes for sale is colliding with the spring buying market, creating mind-boggling bidding wars.
Is the Real Estate Market Going to Crash?
While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates...
From Listed to Sold in 30 Days
Another happy real estate customer! From listed to rented in less than 30 days This beautiful unit is spotlessly clean, partially furnished, freshly painted, updated with a large bedroom & walk- in closets. Top floor unit is quiet with no upstairs neighbors and a...
Land Use Changes On Wilton Manors Eastside
Commissioner Mike Bracchi. Photo by Carina Mask. Wilton Manors Gazette Outcry Over Land Use Changes On Wilton Manors Eastside John McDonald The Gazette 12 March 2021 Community Wilton Manors The Gazette Despite vocal public...
Sold! And I can sell your too!!
Sold by Scott Rivelli Embarcadero Condominium
300-unit development will be built on site where Walmart once planned store
Ram Realty scores construction loan for Oakland Park mixed-use multifamily project with Sprouts Farmers Market to be built where Walmart once planned a store.
5 Inspiring Home Design and Remodeling Trends for 2021
We’ve all spent a lot more time at home over the past year. And for many of us, our homes have become our office, our classroom, our gym—and most importantly, our safe haven during times of uncertainty. So it’s no surprise to see that design trends for 2021 revolve...
Happy New Year 2020
Happy New Year 2020
Can’t afford to live in Broward? Here’s a new idea for more housing and lower rents
Is Broward County ready for this type of redevelopment? Check out 501 Seventeen in Ft Lauderdale
Buyers’ heartfelt letters to sellers might backfire
Some real estate agents say that personal offer letters can jeopardize a sale.”There’s a belief that a letter tips the scales to the seller when negotiating the price and the inspection,” says Karen Kostiw of Warburg Realty in New York City. “The seller may interpret the letter as the buyers ‘showing their hand,’ and it could weaken their position to negotiate.”
Fla.’s housing market: Pending sales, median prices up in March
Florida’s housing market reported more pending sales, higher median prices and increased inventory (active listings) in March compared to a year ago, according to the latest housing data released by Florida Realtors®.
Mortgage rates fall to 12-month low – 30-year at 4.37%
Mortgage rates fall to 12-month low – 30-year at 4.37%
Pulte Group wants to build 405 homes on former Oakland Park golf course
Townhome prices would start in the $300,000s, and the single-family homes, a mix of one and two stories, would cost from the $400,000s to $600,000s.
New townhome project for Wilton Manors
The Wilton Manors City Commission has given the last-needed nod to a 14-unit townhouse project at 549 NE 21st Court, a block off Wilton Drive. The three-story townhomes in The Village at Wilton Manors will have two-car garages, balconies, high ceilings and...
Board approves $41 million for Northeast High overhaul
Northeast High in Oakland Park will get new and renovated classrooms and lab space under a $41.2 million plan approved by the School Board on Tuesday.
1040 NE 33rd St # 1040 Oakland Park, FL 33334 – SOLD
Urban 33 Townhouses in Oakland Park are nicely located walking distance to Downtown, quality built and priced right. Only two townhouses available in this project and the builder will give a $2,500 credit toward closing costs for a limited time. Contact me for more information.
Just Listed – For Sale
Don't hesitate, this one won't last! This updated waterfront home on a corner lot features 3 bedrooms, 2 bathrooms, pool, 2-car garage, impact windows and doors and much more. [button...
Happy Independence Day
Wishing you a Happy Healthy and Safe Holiday
6 things buyers must do before they move in after closing
Use this “Closing on a House Checklist” when you’re approaching the finish line in your home-buying journey. Keep this list handy to know you’ve done what you need to in order to close the deal.
Oakland Park prepares for new City Hall, downtown
Oakland Park could build a new City Hall in an area it has designated as a downtown.
For Sale – New Construction, Nicely Located in Oakland Park
This new construction townhouse is nicely located walking distance to the Oakland Park Culinary Arts District. Modern contemporary townhouse has spacious floor plan on two levels. The open kitchen features quartz counters, large island, generous storage and stainless...
Home interior painting: What you need to know
Interior painting can be a DIY project if you put in the time to do it right. The only direct costs will be tools, paint and various necessities like ladders and tarps. On average, homeowners pay $200 to $300 to paint a single room themselves.
Airbnb-style rentals are a growing cash cow for developers and owners
Real Estate is all about timing and location, and its’s an exciting time to Buy, Sell, Rent or Invest in Real Estate. Investors are buying multi family properties to convert to vacation rentals. Call us today for all your real estate needs and advise on the exciting new business prospect.
Marriotts, Lucky’s Market added to Dania Pointe shopping center
The $800 million shopping and entertainment complex Dania Pointe is being developed on 102 acres east of Interstate 95 and south of the Design Center of the Americas, 2 miles from Fort Lauderdale-Hollywood International Airport.
For Rent – The Waves Hollywood
Spectacular direct oceanfront view from this 9th floor condo with glass rail balcony that is perfect to enjoy ocean views and breezes.
June is National Homeownership Month
The U.S. government has historically promoted homeownership. Since 1934, more than 47 million households purchased a home with mortgage loans insured by the Federal Housing Administration (FHA). During the housing crisis of a decade ago, FHA played a critical role in keeping affordable mortgage financing available for millions of qualified borrowers.
Oakland Park Walmart in Final Stages of Approval
The planned Walmart in Oakland Park has been approved by Broward County and Oakland Park. All that’s left is to work with county staff to make sure the plat paperwork is created properly. After that, he said Walmart will begin applying for permits to demolish the old Kmart building and to build the new structure.
Oakland Park – transforming into a low-key, hipster enclave
Oakland Park is the City on the Move It's is a great time to Buy, Sell, Rent or Invest in Real Estate. Call Scott Rivelli, PA for all your real estate needs and questions to help move you in the right direction. Neighborhood Dive: Oakland Park tranforms into a...
The best time to list a home? Not over a weekend
If your thinking about listing your property for sale, now may be the best time and this article may help plan a profitable strategy. If you are thinking about buying, selling, renting or investing in real estate. I am always here to help move you in the right direction.