Monday, January 24, 2022 / by Flr Team
Before the town of Cocoa Beach was established on June 5, 1925, it was known as Oceanus. Cars would race up and down the beach at up to 180 mph calling it “the world’s greatest speedway.”
In 1962, 75,000 spectators came to Cocoa Beach to watch as the first American orbited the earth. Around this same time, the Cocoa Beach Pier was built.
The Pier was originally known as the Canaveral Pier and stretches more than 800 ft. over the Atlantic Ocean. It has always been a favorite of both locals and tourists, and has changed a lot over the years. In the 60’s, you could drive your car right up onto the Pier itself!
The Pier became a hot spot for surfing, evolving Cocoa Beach into the “Surfing Capital of the East Coast” and home to the 11-time world surf champion Kelly Slater.
In 1963, the original Cocoa Beach Ron Jon Surf Shop opened directly on the Pier and later moved to its present location at SR 520 and A1A due to it’s growing p; ...
Wednesday, January 19, 2022 / by Flr Team
Are you one of the many renters thinking about where you’ll live the next time your lease is up? Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022.
As a renter, you should know that the cost of rent has been rising since 1988, and has grown dramatically in 2021. According to ApartmentList.com, the national median rent has increased by a staggering 17.8% since January 2021, making it a far greater increase than the typical rent increases in recent years.
Rent is rising fast, and the 2022 National Housing Forecast from realtor.com projects prices for vacant units will continue to increase this year, being somewhat ahead of home price growth. This means, if you’re planning to move into a different rental this year, you’ll likely pay far more than you have in years past.
If you’re a renter facing rising rental costs, you might wonder what alternative you have. H; ...
Tuesday, January 11, 2022 / by Flr Team
When you think of homeownership, the first thing that comes to mind might be the security or stability a home provides. But what about equity? A homeowner’s equity helps build long-term wealth over time. Here’s a look at what equity is and why it matters:
For a homeowner, your equity is the current value of your home minus what you owe on the loan. So, as home values rise, your equity does too, and that’s exactly what is happening today. There currently aren’t enough homes on the market for the number of buyers, so bidding wars and multiple offers are driving prices up. People are willing to pay more to buy a home, and this low supply and high demand are giving current homeowners a significant equity boost.
How much have the rising home prices impacted equity? According to a report from CoreLogic, the national average of homeowner’s equity has grown by $56,700 over the last 12 months. The state of Florida alone has grown even more at an average o; ...
Wednesday, January 5, 2022 / by Flr Team
Many homeowners who plan to sell in 2022 may think the wise thing to do is wait for the spring buying market since historically about 40% of home sales occur between April and July. However, this year is expected to be much different than the norm. Here are a few reasons to list your home now rather than waiting until the spring.
There are many more buyers currently searching for homes than there have been in previous years. When there are fewer homes on the market, only serious buyers are looking and are ready to purchase. You won’t be inconvenienced by ones casually searching for a home.
Other sellers plan to list earlier this year. The law of supply and demand tells us that if you want the best price possible and to negotiate your ideal contract terms, put your house on the market when there’s strong demand and less competition. A recent study by realtor.com revealed that 65% of sellers who plan to sell in 2022 have either already listed their home or are; ...
Friday, December 17, 2021 / by Flr Team
Even though there’s a big buyer demand for homes in today’s housing market, it doesn’t mean you should price your home as high as you want when you’re ready to sell. Here’s why making sure you price it right is key to getting the best price for the sale.
When it comes to pricing your home, setting it at or slightly below market value will increase the visibility of your listing and send more buyers your way. This strategy actually increases the number of buyers who will see your home in their search process. This is because when they look at your listing and see a good price for a fantastic home, they’re probably going to want to take a look at it. This means more buyers are going to be excited about your house and more inclined to make an offer.
When this happens, you’re more likely to set up a scenario with multiple offers, potential bidding wars, and the ability to drive a higher final sale price.
On the other hand, homeowners; ...