Alex Saudi's Blog Posts

Are Home Prices Going Up or Down? That Depends…

Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For

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How to Stay Healthy in the Summer Heat

Summer is officially here! A time for getting outside, getting active, and going on exciting trips! But there are still dangers to consider. Here are our top tips for staying healthy and happy in

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The True Value of Homeownership

Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with June being National Homeownership Month, it’s the perfect time to

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10 Tips for Being a Better Homeowner

June is National Homeownership Month! To celebrate, we put together a list of our favorite tips for being a better homeowner, because there is more to it than the paperwork.For many, homeownership

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How to Save for a Down Payment While You’re Renting

Rent prices continue to rise throughout the U.S., which creates a disheartening and discouraging scenario for many people.As of February 1, median rents for one- and two-bedroom units are up 13% and

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Flood Ins. to Raise Rates for Some Citizens’ Clients

In a change to be phased in over the next few years, homeowners with state-run Citizens Ins. must also have NFIP flood insurance if they’re covered for hurricane winds.MIAMI – A line in

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Selling a House As Is

So you’re thinking of selling your house, and you’d like to just move out and move on! But it’s got problems—like a leaky roof, finicky plumbing, or maybe a 1950s kitchen

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How to Sell a House

Ready to sell your house? It’s a major decision, and no matter what crazy stuff is going on in the world, selling your house is always a big deal. You’ve made dozens of memories there

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How Much Does it Cost to Buy a House?

The Basic Expenses of Buying a HomeThe average cost of buying a house is typically around 6.5% of the sales price. This is the amount of cash you will need on the closing day. Some loan products

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Should I Sell My House?

By Ramsey SolutionsSo, you feel like it’s time to move, but you keep asking yourself, Should I sell my house now? After all, there’s a lot of uncertainty out there in the

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U.S. Owners Lost Equity – But Not Many Floridians

Americans lost an average 4.9% of their home equity since June ($2.3T). But many Fla. metros bucked the loss trend, with Miami up 19.7% year over year ($77B).SEATTLE – The total value of U.S.

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FHA Loans Now Cost $117 Less Per Month

FHA lowered its mortgage-insurance premium for borrowers by 30 basis points. The $117 monthly savings is based on a $467.7K home with 3.5% down.WASHINGTON – The Federal Housing Administration

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Why Do You Pay a Mortgage Origination Fee?

When you are approved for a mortgage, there are many fees that will be tacked on. One of those is the origination fee. The mortgage origination fee is an upfront fee, and your lender will charge it

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An overview of the Housing Market

The State ofHousing inFLORIDATampa-St. Petersburg-ClearwaterAs a licensed REALTORS®, members of NAR, we keep our pulse on the housing market thanks to research and resources from

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What Past Recessions Tell Us About the Housing Market

What Past Recessions Tell Us About the Housing MarketIt doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming

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15 Most Common Problems Found During a Home Inspection

Buying a home has lots of steps. Once a home buyer is “under contract” on a property, it’s common for them to hire a professional home inspector as the next step. This

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What would an organized person do?

10 Genius Organizing Tips That Changed the Way We Tidy UpWe didn't know we needed a "ripening bin" to help us declutter. Turns out we do.You know that one piece of organizing advice that finally

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What You Should Know About Closing Costs

Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to.

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Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years

The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you

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Renting a Room Can Hurt Homestead Tax Exemptions

By Derek GilliamSome Fla. homeowners with homestead property-tax exemptions are finding that the exemption is at risk if they rent out part of the home or run a small business.SARASOTA, Fla. –

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How to Reach Your Insurance Company?

Here’s a list of most Fla. insurance companies – their websites, phone numbers and other pertinent post-disaster information. FORT LAUDERDALE, Fla. – Here are phone numbers,

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Getting Your House Ready To Sell? Work with an Agent for Expert Advice

In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted

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Should I Sell My House This Year?

There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some

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What’s Actually Happening with Home Prices Today?

One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers

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A Trusted Real Estate Advisor Provides Expert Advice

If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to

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Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash

Why Today’s Housing Inventory Proves the Market Isn’t Headed for a CrashWhether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news

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The Future of Home Price Appreciation and What It Means for You

Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the 

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There Are Several Great Reasons To Consider Buying a Condo Today

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.Here are a few reasons

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What’s Happening with Mortgage Rates, and Where Will They Go from Here?

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate

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The Best Week To List Your House Is Just Around the Corner

Are you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the

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12 Smart Ideas for Dealing With the Paint Shortage

Paint is the latest item to be derailed by supply chain problems. Here’s how to navigate the paint shortage and higher paint prices.This just in: The latest supply chain problem is a paint

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What You Can Expect from the Spring Housing Market

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors

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What You Need To Know if You’re Thinking About Building a Home

If you’re ready to move up, you may be trying to decide whether you want to buy a home that’s already on the market or build a new one. And since the supply of homes 

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An Expert Advisor Will Give You the Best Advice in Today’s Market

Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal. As a result,

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The Average Homeowner Gained More Than $55K in Equity over the Past Year

If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe

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Sellers Still Benefiting From Bidding Wars

When you sell your home, you want to sell it for as much money as possible—potentially for even more than you’re asking for it.And in today’s market, that’s the reality for

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Are You Wondering if This Is the Year To Buy a Home?

Every year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home? If you’re a renter, chances are you’ve asked

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Between The Offer And Closing What Happens Next

After weeks, even months of searching, you found the perfect home and you made an offer on it. You may have had to go back and forth with the seller to get to a point where the offer is something

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Don’t Get Caught Off Guard by Closing Costs

As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a

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How To Navigate a Market Where Multiple Offers Is the New Normal

If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing

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Key Factors That Impact Affordability Today

You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less

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How Global Uncertainty Is Impacting Mortgage Rates

If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent,

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Why Waiting To Sell Your House Could Cost You a Small Fortune

Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and

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Will the Russian Invasion of Ukraine Affect the US Real Estate Market?

Nearly everyone is keeping an eye on what’s happening in Ukraine, hoping it will end quickly and without too much damage and loss of life.It may feel trivial and even selfish to wonder how it

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Is a 20% Down Payment Really Necessary To Purchase a Home?

There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks

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Are Home Prices Continuing To Rise?

Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price

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7 Signs You're Ready to Sell Your House

Should I sell my house? If you've been asking yourself this question lately, we've got good news: It's a great market for sellers! Limited inventory continues to drive home prices up, and the

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First-Time, Move-Up Buyers Face Rising Competition

Lower mortgage rates have drawn out more buyers this fall, but the rapidly shrinking inventory of lower-cost homes—the properties highest in demand—are making it difficult for them to

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5 Things to Consider When Planning a Family Picture Wall

One of the best parts of owning your own home is that you can do pretty much whatever you want when it comes to hanging things on the wall. No landlord will charge you $5 per hole you poke through

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How Long Does It Take to Buy a House?

There are a lot of steps to buying a house, and that takes time: It takes 50 days on average to just close on a home.How long does it take to buy a house? A lot depends on how much

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Beware The Pitfalls Of Attending Open Houses...

Why going to open houses is NOT the best way to find your next homeOK, so your goal—if you’re like most buyers—is to find the best house and get it for the best possible

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The Complete List Of Real Estate Terms & Definitions You Should Know

The real estate industry is notorious for its use of niche-specific lingo and acronyms. If you’re buying a home for the first time, or are just beginning your investing career, you’ll

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12 First-Time Home Buyer Mistakes and How to Avoid Them

Every year, first-time home buyers venture into the market and make the same mistakes that their parents, siblings and friends made when they bought their first houses.But today’s novice

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The Everything Guide to Buying Your First Home

How to find exactly what you want, and how to work with the experts who’ll help you get it.So you’re thinking about buying your first home. Your very own house (and mortgage). A place to

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Buying a New Construction? Why You Need Your Own Real Estate Agent

When you’re house hunting, the allure of new construction is undeniable. You get to be the first to live in the pristine home—one untouched by grimy hands or muddy shoes. It’s full

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9 Housing and Mortgage Trends to Watch for in 2019

It’s going to be a challenging year for home buyers in 2019: They will continue to compete for a short supply of homes. Home prices and mortgage rates are likely to keep moving upward,

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Meet The 2019 Colors of the Year

Each and every year, major paint companies declare their color of the year. If you’re thinking about a new coat of paint for your home as we get deeper into 2019, here are the colors of

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Patio Planning 101

It’s finally spring! Time to break out the grill and the patio set and spend your evenings cooking out under the stars. Except, you don’t have a patio, you have a backyard that’s

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Is Single Family Real Estate Still a Good Investment? Signs Say Yes.

Most of us in the property management field already know that, despite occasional risks and business challenges, single-family rentals are good investments. But with the market uncertainties that

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Raise the Value of Your Home with These 6 Remodeling Tips

When it comes to home renovations, the money that you put in cannot always be recouped when it comes time to sell. Most people want to get the best value for their dollar when doing home renovations

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Make an Offer Like a Boss!

These 10 money- and time-saving steps can help you craft a winning bid.Ah, the offer!Know Your Limits | Learn to Speak "Contract" | Set Your Price | Figure Out Your

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The Best Week to List a Home Is Quickly Approaching

Home sellers expecting the quickest sales may want to make sure the house is in tip-top shape for showings because a big week in the housing market is quickly coming. The best week to put a home on

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When Is The Best Time Of Year To Buy A Home?

One question that pops up constantly from both first-time and seasoned homeowners alike is “When is the best time of year to buy a home?” Potential homeowners want to know the best time

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How Much House Can You Buy For One Dollar?

According to Zillow, the current US median home price is $218,000. That means if you have (on average) 218,000 dollars, you can buy a home.But how much home can you buy for a single dollar?Zillow

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Want To Increase The Value Of Your Home? Choose Paint Colors Wisely

If you’re thinking about putting your house on the market, obviously you want to do everything you can to increase the value before you sell. And if you want to add to that value without

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Choose Your Lender Wisely!

There are many advantages of working with a reliable, professional lender. Some of their very important services are as follows:PrequalificationA lending professional will pre-qualify you in order

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