Real estate is a great investment opportunity that can offer long-term financial rewards and the potential for personal satisfaction. It can provide cash flow, capital appreciation, tax benefits, and the potential to increase your net worth. Investing in real estate offers a number of advantages compared to other types of investments: • You have control over your property - you decide what happens to it. • Real estate typically appreciates over time, meaning you may benefit from capital gains when you sell or rent out your property. • You may be able to take advantage of tax deductions related to owning real estate such as depreciation and mortgage interest deduction. • Real estate can generate income through rental income from tenants or through profits from flipping properties. • Real estate investing provides diversification in an investor’s portfolio because it's less likely than stocks or bonds to move in tandem with other assets classes. If you are looking for an investment that has a track record of success with little risk involved, then investing in real estate might be right for you!
The real estate market in Fort Lauderdale is currently very strong. The median home price in the city is $360,000, which is up 8.2% from the previous year. The median rent is $1,800, which is up 4.2% from the previous year. The city has seen a steady increase in home prices over the past few years, and the trend is expected to continue. The city is also seeing an influx of new residents, which is driving up demand
How Can You Earn Money In A Financial Crisis
1. Invest in Recession-Proof Industries: Investing in industries that are either not affected by recessions or that actually benefit from them can be a great way to make money during a financial crisis. Examples of recession-proof industries include healthcare, consumer staples, and technology. 2. Diversify Your Portfolio: Diversifying your portfolio is an important strategy for any investor, but it’s especially important during times of economic turmoil. By spreading your investments across different asset classes and sectors, you will be less susceptible to the volatility associated with market downturns. 3. Start a Side Hustle: Creating additional streams of income is one of the best ways to protect yourself during financial crises or recessions. Consider starting a side hustle and using it as an opportunity to earn extra money while still keeping your day job (if you have one). Popular side hustles include freelancing, blogging, pet care services, tutoring or teaching online courses, selling products online or through social media platforms like Instagram or Etsy, etc.. 4. Buy Assets That Provide Cash Flow: Buying assets that provide cash flow can help provide stability for your finances when the markets are volatile and uncertain—and can also be used as an opportunity to make money during tough economic times. Good examples include rental properties (in areas that have traditionally weathered economic downturns well), dividend stocks with solid histories of returning cash payments even during tough times, bonds which often yield higher returns than many other types of investments in challenging markets; and peer-to-peer lending which allows individual investors to lend directly to borrowers at attractive interest rates
July 31, 2017
Receive the Latest Local Market Stats
Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!
Get Local Market Reports Sent Directly to You
You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.
We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.
