Keith Bailey Realtor Florida Real Estate Blog

  Is Wall Street Really Buying All the Homes?   Let’s be real –  buying  a home  right now  is tough. You’re scrolling through listings, rushing to open houses, and maybe even losing out to more competitive offers. Somewhere along the way, you might’ve heard the reason it’s so hard to find a home is because big Wall Street investors are swooping in and snatching up everything in sight. But here’s the thing: that’s mostly a myth. While investors are part of the market, according to  Redfin , they’re a relatively small part: Here’s what that means. Five out of every six homes are being purchased by everyday homebuyers like you – not big investors. So, before you get discouraged, let’s take a look at what’s  really going on . You might be surprised to learn that Wall Street isn’t the competition you may think it is. Most Investors Are Small Mom-and-Pops Most investors aren’t the mega corporations you’ve probably heard about. In fact, many are your ne...

  Why a Destin Florida Vacation Home Is the Ultimate Summer Upgrade Summer is officially here and that means it’s the perfect time to start planning where you want to vacation and unwind this season. If you’re excited about getting away and having some fun in the sun, it might make sense to consider if  owning  your own vacation home is right for you. An  Ameriprise Financial  survey sheds light on why people buy a second, or vacation, home ( see below ):  Vacation destination or a place to get away from the stresses of everyday life (81%)  – Having a second home to use as a vacation spot can be a special place where you go to relax and take a break from your daily routines and stressors. It also means you won’t have  to worry  about finding somewhere to stay when you go there. Better weather (49%)  – Buying in a place where there may be nicer weather can be a great escape, especially if it’s cold or rainy where you usually live. It lets...

  Why Overpricing Your House Can Cost You If you’re trying to  sell your house , you may be looking at this spring season as the  sweet spot  – and you’re not wrong. We’re still in a  seller’s market  because there are so few  homes for sale  right now. And historically, this is the  time of year  when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign. But while conditions are great for sellers like you, you’ll still want to be strategic when it comes time to set your asking price. That’s because pricing your house too high may actually cost you in the long run. The Downside of Overpricing Your House The asking price for your house sends a message to potential buyers. From the moment they see your listing, the price and the photos are what’s going to make the biggest first impression. And, if it’s priced too high, you may turn people away. As an article from  U.S. News Rea...