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It’s Now Cheaper to Own, than Rent

Nov29
2011
Leave a Comment Written by Dan

With interest rates hovering around the 4% mark on a 30-year fixed mortgage, owning a home has become cheaper than renting in 12 metropolitan areas, including Miami, Orlando, Atlanta, and Chicago.

The Wall Street Journal states, “Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a growing number of cities.”

Inventories of existing homes have begun to drop. Miami alone saw a 50% drop in their available inventory. South Florida has become a focal point for Northerners who are looking for a warmer climate, or Canadian property investors looking for homes to rent season to season.

Other areas where renting is becoming more expensive than home ownership include Jacksonville, Phoenix, Tampa and Las Vegas. All these areas are primed to see an increase in property sales and real estate values.

Although finding a buyer may not be as simple as it was five years ago, the recent figures show that people are looking for properties. The more properties sell, the higher property values will go. Listing a property now may gain you a buyer quicker than you think.

Posted in Market News, Press - Tagged chicago, florida, jacksonville, rent or own, rent vs own, tampa
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FTL & Miami Spring Events 2010

May04
2010
Leave a Comment Written by Alicia

South Florida, including Fort Lauderdale, Miami and other surrounding cities, offers some of the most abundant and booming festivals and events in the state! After wrapping up the popular spring break months and preparing for the tourist months of summer, this in-between time is still bursting with outdoor or indoor events for you to enjoy! Whether you’re new to the area or you’ve lived in this area forever, there’s always something for you to do with your free time. Check out this list and decide which events spark your interest most!

Outdoor Entertainment:

From May 12 to May 15, attend the Pompano Beach Fishing Rodeo at the 14th Street boat ramps in Pompano Beach. This is southern Florida’s oldest and largest fishing tournament. Last year, over 11,000 pounds of fish were weighed in! Obtain an entry form from the website and mail, fax or bring it in person. For more information, visit PompanoFishingRodeo.com or call 954-942-4513.

On May 15, visit Las Olas Boulevard for the 15th Annual Las Olas Wine & Food Festival! From 7:30 to 10 p.m., leisurely stroll down the Boulevard with friends or loved ones while sipping from more than 45 wine tables and sampling from more than 60 dining destinations. Regular admission costs $75, and VIP admission costs $225. For more information, visit LasOlasWineAndFood.com or call 954-524-4657.

Every Monday, Tuesday and Wednesday evening from 7:30 to 9 p.m., head to Hollywood Beach Theatre for Music & Dancing Under the Stars. This wonderful event breaks up the monotony of your week by offering you an evening full of dancing and socializing to live music from country, soul and rock & roll groups! For more information, call 954-921-3404.

On the first Sunday of every month, head to the Riverwalk in downtown Fort Lauderdale from 11 a.m. to 2 p.m. for Suntrust Sunday Jazz Brunch. This free outdoor concert includes tunes from local jazz artists on four different stages! Local merchants and food vendors from the area are also present to provide you with goodies to savor or bring home with you. Pets are welcome. For more information, call 954-828-5363.

One perk of living in the warm, sunshine state of Florida is that fresh produce is available year-round! From now through Dec. 26, visit the Broadwalk on Harrison Street from 9 a.m. to 5:30 p.m. daily for Josh’s Organic Garden Green Market. Here, locals and visitors alike can enjoy an assortment of fresh, 100 percent organic fruits, vegetables, nuts, seeds and more. For more information, call 954-456-3276.

Plan to cheer on the Florida Marlins as this baseball season heads into the summer months! Upcoming home games are from May 13 through May 18 against New York and Arizona, and May 25 through June 3 against Atlanta, Philadelphia and Milwaukee. Visit Sun Life Stadium in Miami before the Marlins move to their newer future stadium! For more information or to purchase tickets, visit Marlins.MLB.com.

Indoor entertainment:

On May 15, visit the Broward Center for Performing Arts in Fort Lauderdale for the Ballet Gala. After a season of learning at the Arts Ballet Theatre of Florida, only these high-quality dancers could perform the classical repertoire seen at this event! Admission costs $25. For more information, call 954-462-0222.

May events to look forward to in Miami include Cannibal Corpse performing at The Culture Room on May 16, Jeff Dunham performing at BankAtlantic Center on May 19, Don Sha’ performing at Bougainvillea’s Old Florida Tavern on May 25, and the 3rd Annual Memorial Weekend Comedy Fest on May 30 at the James L Knight Center, starring Earthquake, Adele Givens, Gary Owen and many more! For more information on these events, visit Eventful.com/Miami/Events/May.

For a night of dinner and humorous entertainment, visit the Broward Center for the Performing Arts in Fort Lauderdale for Laffing Matterz. Chef John Eustace serves up culinary creations prior to the show, and during the musical comedy, enjoy satirical spoofs of current events that will get you laughing. Tickets are around $65. For more information, visit LaffingMatterz.com.

From now until May 31, visit the Museum of Discover & Science and AutoNation IMAX Theater in Fort Lauderdale for a look at the special exhibit, Van Gogh: Brush of Genius. This film allows you to get to know Van Gogh’s life through personal letters, historic information and close-up critiques of his famous paintings. For more information, visit Mods.org. Dinosaurs: Giants of Patagonia 3D is also available at the museum through May 31.

On the second Saturday of each month, through June 5, visit the Miniaci Performing Arts Center at Nova Southeastern University in Fort Lauderdale for Jazz Impressions at 8 p.m. An evening at this event will surely fulfill your desire for the smooth sounds of jazz music! For more information, call 954-462-0222.

Posted in Buying Tips, Regional Info - Tagged fort lauderdale, South Florida, spring events, things to do
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Fall Events: South Florida

Oct06
2009
Leave a Comment Written by Alicia

miami

While some would view fall as merely the transitional period between summer and winter, in Southern Florida, it’s when some of the most popular festivals and activities occur! Whether you enjoy independent films, live music, gourmet food, German beer, expensive boats or Halloween candy, at least one event is available to match your interests!

Sports
Fall is the season that winds down summer sports and gets you pumped for winter ones. As the Florida Marlins take a break from hitting the bat, get in line for tickets to football, hockey and basketball!

For Florida Panthers hockey tickets, visit here.

For Miami Heat basketball tickets, visit here.

For University of Miami Hurricanes football tickets, visit here.

Inside Activities:

Between October 1 and November 12, Dine Out Lauderdale includes 35 restaurants that offer three-course meals for $35. Check to see if your favorite local restaurants are offering this deal!

Between October 23 and November 8, visit Cinema Paradiso for the Fort Lauderdale International Film Festival! This fest combines outdoor family movies, documentaries, student film competitions, seminars, celebrities and more!

At the Fort Lauderdale History Center through February 7, 2010, you can view scale models and drawings of the home that Frank Lloyd Wright was supposed to build on the New River in 1939. Also on exhibit, learn more about other buildings that Wright did build, and his connections with Fort Lauderdale.

Learn more about contemporary art! At the Museum of Art, through January 10, 2010, three local individuals share their knowledge of contemporary art while displaying over 100 works in their exhibit.

At the Museum of Discovery & Science, through December 2, travel to all spectrums of the universe! Travel to space as the pilot of a spaceship in the realistic Aviation Station. Travel to the darkest, most exotic areas of the ocean in a 3D film. Travel around the earth’s ground while touching numerous natural minerals and making a volcano erupt! And travel to Hogwarts, the school for wizardry and magic, in the traveling Harry Potter Exhibit available through October 30.

Outdoor Activities:
Every Monday, Tuesday and Wednesday night, enjoy music and dancing under the stars! Head to Hollywood Beach Theatre between 7:30 and 9 p.m. for an array of live music, from country to rock. Every Friday, enjoy live jazz, blues and pop music while all of the boardwalk’s restaurants offer food and/or drink specials.

Every Sunday, wind down from the weekend at the Riverwalk in Downtown Fort Lauderdale. You can enjoy the sounds of jazz from four different stages between 11 a.m. and 2 p.m.

On October 10, head to Las Olas Boulevard for the first ever Glam-a-thon, which raises funds for the University of Miami’s Sylvester Comprehensive Cancer Center. From 11 a.m. to 2 p.m., enjoy an array of activities, crafts and entertainment, also suitable for children. At 3 p.m., enjoy the Glam Doll Strut, showing off Florida’s most chic divas in their wardrobes. The night ends with cocktails, food and gambling under the stars.

On October 16 in Downtown Fort Lauderdale, celebrate your German heritage, or just show up for live entertainment and beer! Rocktoberfest combines German and American heritage by providing loads of beer samples and food for you to enjoy while listening to live rock bands.

For a more authentic Oktoberfest, visit Las Olas Boulevard on October 24-25 from 10 a.m. to 5 p.m. for art and beer! The Las Olas Art Fair with Oktoberfest Beer Garden features over 150 artists, while supplying European Microbrews in the Beer Garden.

Between October 29 and November 2, attend the 50th Annual Fort Lauderdale International Boat Show, which is the largest boat show in the world! At six different sites, you can view over a billion dollars worth of boats and yachts from every marine manufacturer in the world!

On October 31, celebrate the holiday of Halloween while also helping local charities! Downtown Fort Lauderdale provides a Halloween Party for all ages, including a costume contest, food, drinks and candy! All proceeds go to local charities.

Through December 26, 2010, enjoy fresh produce and baked goods from Josh’s Organic Garden Green Market. One of the true pluses of living in the warm state of Florida!

Theatre, Shows and Concerts:

  • Paula Cole, October 3, Broward Center for Performing Arts
  • Fiddler on the Roof, October 6-18, Broward Center for the Performing Arts
  • Stone Soup, October 6, Parker Playhouse
  • David Garrett, October 8-9, Broward Center for the Performing Arts
  • Laura Pausini, October 14, Hard Rock Live
  • Super Scientific Circus, October 15, Parker Playhouse
  • Celtic Crossroads, October 17, Parker Playhouse
  • Robin Williams, October 21-22, Hard Rock Live
  • Tanguera-The Tango Musical, October 21-25, Broward Center for the Performing Arts
  • Charlotte’s Web, November 6, Parker Playhouse

  • Legally Blonde, November 12-22, Broward Center for the Performing Arts
  • New Shanghai Circus, November 17, Parker Playhouse
  • The Music of Led Zeppelin, November 24, Broward Center for the Performing Arts
  • Roger Daltrey, November 29, Hard Rock Live
Posted in Buying Tips, Tips and Ideas - Tagged deerfield beach, fall events, fort lauderdale, ftl, South Florida
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