In the ever-evolving landscape of real estate, short-term rentals have emerged as a lucrative opportunity for property owners. At The Audrey Ross Team, we understand the dynamics that set apart successful investments from the rest. If you're considering entering the short-term rental market, here’s what you need to know. The Financial Edge One of the…
In the world of luxury real estate, every transaction is more than just a business deal; it’s a partnership. As part of the Audrey Ross Team, we know that while sellers often believe their involvement should be minimal, their insights and transparency are vital for a successful sale. The Role of the Seller It's true…
The recent surge in the DOW, closing above 42,000, signals a robust economic climate that is impacting all facets of wealth—none more so than luxury real estate. As we analyze the broader financial landscape, we find compelling connections between rising stock indices and the luxury housing market, revealing opportunities for savvy investors. The Stock Market…
Is a Fourth Quarter Boom on the Horizon? How Falling Mortgage Rates Could Transform Luxury Real Estate As we step into the final quarter of the year, the latest update on mortgage rates brings a breath of fresh air to the housing market. The 30-year fixed-rate mortgage has recently averaged 6.20%, a notable decrease from…
The Great Investment Surge: How New Manufacturing Hubs Could Transform Local Economies In a notable shift, global companies are pouring nearly half a trillion dollars into building new factories across the U.S., focusing on electric vehicles (EVs), semiconductors, and other cutting-edge products. This massive investment isn't just about setting up shop—it's poised to create ripple…
Why the Florida Real Estate Market is a Powerhouse and What the Next Five Years Hold If you’ve been keeping an eye on the real estate market, you’ve probably noticed something interesting about Florida: it’s been booming, and the outlook is promising for the foreseeable future. Let’s dive into why Florida’s housing market is so…
The Housing Market in Flux: New Completions Rise Amidst Declining Starts The latest data from the Census Bureau paints a complex picture of the housing market. According to the June figures, new housing completions saw a significant increase of 15.5% year-on-year. This surge indicates that builders are successfully finishing projects that were started in the…
As we approach 2025, the Miami real estate market is gearing up for a dynamic shift. This is driven by evolving mortgage rates, changing sales trends, and a strong economic backdrop. Here’s what to expect in the Miami real estate market over the next couple of years. Mortgage Rates and Their Impact The mortgage rate…
For fans of exquisite Italian cuisine and refined dining experiences, exciting news is on the horizon. Sant Ambroeus, the celebrated Milanese restaurant and coffee bar, is set to expand its footprint to Miami Beach. The location is scheduled to open in late 2025. It will be at The Fifth, an elegant new office building designed…
New Developments in Miami: Shaping the Skyline and Enhancing Community Life Miami is undergoing a transformative phase with the rise of new development buildings. These projects are not just changing the skyline but also redefining urban living. They are also adding both aesthetic appeal and functional benefits to the city. With a variety of developments…
Inheriting property can be a complex and emotional process, but amidst the logistical considerations, lies a potential financial benefit that many overlook: significant tax advantages. Understanding how taxes apply to inherited real estate can make a substantial difference in managing your financial portfolio. Stepped-Up Basis: A Key Advantage One of the most notable tax benefits…
Why Miami-Dade County is the Perfect Place to Live Miami-Dade County, located in the vibrant state of Florida, stands out as a premier destination for individuals seeking a dynamic and advantageous living environment. The area offers favorable tax policies, a diverse cultural scene, and a thriving economy. These unique benefits make Miami-Dade County an exceptional…
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