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Richard Eimers's Blog Posts

AS IS inspections: Can buyers cancel for any-old reason?

By Meredith Caruso May 6, 2019 – Calls to Florida Realtors Legal Hotline indicate confusion – sometimes flat-out outrage – over buyers’ ability to cancel within the

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Inspection’s over! 7 tips for negotiating repairs, credits and reductions

At this point in the deal, it's in both the buyers' and the sellers' best interest to follow these steps...Cara Ameer, a top-producing broker associate from Northeast Florida, writes about working

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Mainstream Concerns about Economic Slowdown Revisited

Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will

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Home Buyers are Optimistic About Homeownership

When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their,

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Boomerang buyers: More people who lost homes during housing crisis are buying again

After Teresa and Mark Taunton short sold their $535,000 four-bedroom dream home in Celebration, Florida, at the end of the real estate meltdown in 2011, buying another house was the last thing

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Florida consumer confidence hits 17-year high

Florida consumers are feeling pretty good these days.Despite some concerns about current economic conditions, consumer sentiment in Florida reached a 17-year high in April, the University of Florida

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Renters Are Paying Substantially More While Owning Costs Less

In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased.“CoreLogic’s national rent

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Agents see growing demand as mortgage rates plummet

Agents across the US are getting calls from would-be clients who realize buying is suddenly getting cheaper.Like an avalanche growing larger as it tumbles down a mountain, real estate agents are

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Existing home sales begin seasonal bounce back

Existing-home sales climbed 11.8 percent from January to a seasonally adjusted annual rate of 5.51 million in February, according to the latest data from the National Association of Realtors (NAR).

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Own a Rental Property? Why Filing Your Taxes This Year Rules

My husband and I recently purchased our first rental property. Over the past few months, we’ve repaired and renovated the 1930s-era home, and are starting to look for tenants.And it turns out

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Put Your Housing Cost to Work for You

There has been a lot written about the benefits of homeownership. One benefit that continues to rise to the top is the added wealth homeowners gain simply by paying their mortgage while their home

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Why April is the Best Month to List Your Home for Sale

The spring housing market is off to the races! The inventory of homes for sale is increasing, buyers are out in force, and interest rates have remained low, peaking the interest of buyers and

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Existing-home sales begin seasonal bounce back

Existing-home sales were up 11.8% over January, and the median sale price only increased 3.6%, according to NARExisting-home sales climbed 11.8 percent from January to a seasonally adjusted annual

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Is Your House Priced To Sell Now?

In today’s real estate market, with more houses coming to market every day and eager buyers searching for their dream home, setting the right price for your house is one of the most important

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Homeownership A Cornerstone Of The American Dream

The rumors of my death are greatly exaggerated.”The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade,

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Reasons to Buy a Home in the Spring

Spring has sprung, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting.1. Prices Will Continue to RiseCoreLogic’s latest U.S. Home

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EXp World Holdings revenue soars 212%

The virtual brokerage's revenue grew to $150.4M in the final months of 2018, up from $48.2M the year before, according to Q4 2018 earnings report.Revenue at eXp World Holdings, parent company of

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Here Is How To Increase Your Family’s Wealth!

Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a

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The Reason Why an Economic Slowdown Will NOT Crush Real Estate this Time

Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in

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This Should Be Your 1st Step when buying a house this year!

In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers

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The Year's Top 6 Kitchen Design Trends Will Make Your Mouth Water

For years, our kitchens have been dominated by bland, white-on-white palettes, granite countertops, and stainless-steel appliances. "Neutral" has been the reigning buzzword.But are you growing weary

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Realogy stock craters to all-time low after missing guidance

Shares of the country's largest real estate company are down over 19% as of 1:30 p.m. EST on TuesdayAfter reporting less than expected revenue and missing its earnings per share guidance, shares for

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5 reasons we jumped the KW ship for eXp

The Ellis Team was with KW for nearly 2 years and RE/MAX for nearly 18 before that. Now they are betting against franchises for their group — here’s why.John Pohly wrote this article in

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The Benefits of Becoming a Homeowner

Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes

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Normal Market is Just What We Need

The housing market has been hot for a while now. Homes have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let

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Why Seniors Are Taking the Heat for the Housing Shortage

Seniors choosing to age in place—staying put in their current homes—are creating a barrier to young adults buying their first homes, according to Freddie Mac’s February Insight.

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Why 2019 Is Being Called the Best Time to Buy a Luxury Vacation Home

“We are seeing sales up in the resort areas, including Hawaii and Vail,” Stephanie Anton, president of Luxury Portfolio International, told forbes.com. She notes that sales and prices in

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Better Perspective on Affordability

Headlines spotlight the fact that buying a home is less affordable today than it was at any other time in more than a decade. Those headlines are accurate.Understandably, buying a home is more

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3 Must-Do's Before Listing Your House for Sale

When it comes to first impressions, the little things make all the difference.Planning to sell your house this year? Now’s the perfect time to prep it for listing!Set aside a couple of

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US home sales plummeted 6.4 percent in December

WASHINGTON (AP) — U.S. home sales cratered in December, causing price growth to slip to the lowest level in more than six years as the housing sector ended 2018 on a decidedly weak note.The

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2019 Real Estate Forecast: What Home Buyers, Sellers And Investors Can Expect

There’s no doubt about it: the 2018 housing market has seen its ups and downs.The year started with sky-high home prices, historically low mortgage rates and a definitive upper hand for.

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Why Now Is A good Time To Buy A Vacation Property!

Every year around this time, many homeowners begin the process of preparing their homes in case of extreme winter weather. Some others skip winter all together by escaping to their vacation homes in

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11 Reasons Why Your Home Isn’t Selling

When you first put your house on the market, you might be hopeful for a quick sale—especially if you've put a lot of money into improving the house over the years and if the neighborhood

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YEAR IN REVIEW: Walton experienced big economic expansion

Walton County saw economic development expansions across the county in 2018, including in the more rural north end.Bill Imfeld, executive director of the Walton County Economic Development Alliance,

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Christmas Light Safety Tips: Did You Deck Your Halls the Right Way?

These Christmas light safety tips will help you get in the holiday spirit and reduce your risk of fire or electric shock injuries. There's nothing like a twinkling strand of Christmas lights to

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7 Important Repairs to Make Before Selling A House

As a smart seller, you’ll want your home in tip-top shape — but you don’t want to eat into your profits by overspending on home improvements. You won’t be around to enjoy

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Why Buy A Home This Winter? 4 Reasons!

Here are four great reasons to consider buying a home today instead of waiting.1. Prices Will Continue to RiseCoreLogic’s latest Home Price Insight report revealed that home

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The Everything Guide to Buying Your First Home

So you’re thinking about buying your first home. Your very own house (and mortgage). A place to call — and make — your own.It’s a big move, literally and figuratively. Buying

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Save the Wine for Yourself: 8 Affordable Hostess Gifts That Your Friends Will *Actually* Use

Holiday lights fall firmly into two camps. In one, you have the tasteful Martha Stewart fans, Goop-ers, and those who steadfastly believe less is more. And in the other? Those who

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NAR: Keep Rental Deduction Simple

October 19, 2018Rental Properties, Taxes, Tax ReformBy: Evan Liddiard“The new deduction for qualified business income included in last year’s tax reform act should be simplified and

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Hurricane Michael will transform real estate market

PANAMA CITY — One after the other, the Facebook messages poured in.“Two adults and two kids looking! No pets. Under $1200 month for everything;” “3 bedroom 2 bath needed. We

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Three new headaches for homeowner associations

By Benny L. KassOctober 26What do drones, copyrights and mold have in common?According to USI Insurance Services, a national insurer with more than 50 offices throughout the country, these are some

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Increase in Inventory Bullish or Bearish Sign?

In a recent article, National Housing Inventory Crisis Reaches Inflection Point, realtor.com reported that:New listings jumped 8% year-over-year nationally, the largest increase since 2013Total

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Why Home Buyers Need to Hurry

October 24, 2018While there have been signs recently that the market may be shifting toward the favor of home buyers, prices are still on the rise in many areas around the country. The median

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How to Get a Mortgage Without Financially Freaking Out

Wondering how to get a mortgage, but scared to death you'll mess things up? To be sure, buying a house is exciting, but there's a fine line between excitement and pure, unadulterated fear.This

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Are you spending too much rent

Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of

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Thinking of Selling Your Home? Here’s Why You Need A Professional in Your Corner

With home prices on the rise and buyer demand still strong, some sellers may be tempted to try and sell their homes on their own without using the services of a real estate professional.Real estate

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How to Buy a House for $10,000 Upfront (or Less!)

Pssst ... wanna know how to buy a house for just $10,000 upfront, max? No, this isn't a scam, or a ploy to lure you into purchasing some rickety shack in the middle of nowhere. We're talking about a

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Homeowners Say They’re Finally Ready to Sell

Seventy-seven percent of consumers say they believe now is a good time to sell a house—a record high. That's according to new findings from the National Association of REALTORS®’

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Baby Boomers are Downsizing, Are You Ready to Move now?

For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame?Here’s what some of the

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Homeowners Reveal Their Top Nonnegotiable Amenities

September 24, 2018Home shoppers are unwilling to negotiate on certain amenities, and prime among them are central air conditioning and a private patio or backyard, according to a new survey of more

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Rising Mortgage Costs Remain Below 2006-07 Peak

September 24, 2018With home prices mostly holding to an upward trend, more owners are facing rising mortgage costs. But even so, homeowners are still paying less in mortgage payments than they did

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5 Signs You’re Ready to Buy a Vacation Home

By the Experts at HippoYou've just returned from a trip to the beach. You ask yourself: Why should I continue to pay rental fees when I could own a vacation home and rent it out? Unless you're

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Real Estate Community Focuses on Disaster Preparedness

September 6, 2018Natural disasters such as floods, fires, hurricanes, and mudslides pose threats to more communities than ever before, and the real estate community is keeping an eye on how this

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Country music star Luke Bryan and his family build a four-story Florida beach house lovingly dubbed “snowman”

Snowmen may be an anomaly on the beaches of Florida, but we know of at least one. Perched on a powdery stretch of sand in Santa Rosa stands country music superstar Luke Bryan and wife Caroline&rsquo

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Fed announces rate hike decision

As expected, the Federal Reserve’s policymaking body decided to hold rates steady at its meeting today.The Federal Open Market Committee announced that, after two consecutive rate hikes, it

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Am I Ready to Sell My House?

Almost every day, someone calls The Dave Ramsey Show to ask Dave if he thinks they're ready to buy a home. But there's another side of homeownership that doesn't get as much attention:

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Smart Advice for Selling a Home: Your Questions Answered

Selling your home is serious business. Between fixing it up and getting it sold, you’ve got a lot of decisions to make. And you’re bound to have questions along the way.Well, you&rsquo

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Beat the Crowds! How to Buy a House Before It Officially Hits the Market

Buying a home is a lot like running a race: Once a listing goes live, buyers have to sprint off the starting block before throngs of other buyers start bidding. Talk about stressful!What

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