Frequently Asked Questions:
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Q: What’s the current market like? A: Hey, it’s Jacob Cohen with Century 21 Tenace Realty. As of April 2026, the South Florida market (Broward, Palm Beach, and Miami-Dade) is nicely balanced with more inventory than we’ve seen in years — great news for buyers who now have real choices and negotiating power. Single-family homes in Broward are around a $620K median, Palm Beach closer to $675K, and we’re seeing steady demand from first-time buyers, luxury clients, and investors. It’s a fantastic time to buy if you’re ready, and sellers who price realistically are still getting strong results.
Q: Are home prices still rising? A: Prices are mostly stable right now with slight upward movement in the luxury segment (about 3% projected annual growth). Thanks to higher inventory, buyers have more room to negotiate, and sellers who price smartly are still achieving great results. Overall it’s a much more balanced market than the last few years.
Q: How much inventory is available right now? A: Inventory is up significantly — around 33% higher year-over-year in many areas. We’re seeing 5–9 months of supply depending on the county, which is much healthier and gives buyers real options compared to the tight markets we had before.
Q: Is this a good time to buy or sell? A: It’s actually a great time for both! Buyers are winning with more choices and negotiating power, while motivated sellers who price correctly are still getting strong offers. Whether you’re a first-time buyer, luxury client, or investor, the current balanced market creates real opportunities. Let’s chat about your specific situation.
Q: What are the best neighborhoods for first-time buyers? A: Coral Springs and Boynton Beach are fantastic for first-time buyers — great value, excellent schools, and strong resale potential. Parts of Delray Beach and Fort Lauderdale also offer affordable entry points with upside. I’ll match you with the perfect neighborhood based on your budget and lifestyle.
Q: What should I know about luxury homes in the area? A: The luxury market remains strong in 2026. Waterfront properties in Fort Lauderdale, gated estates in Parkland and Boca Raton, and high-end condos in Delray and downtown Miami are in demand. Buyers are getting better selection and realistic pricing right now. I’d love to show you standout listings that match what you’re looking for.
Q: How do I get pre-approved? A: Super easy! I’ll connect you with my trusted local lenders who specialize in South Florida buyers. It usually takes just a 15-minute call and some basic documents. Once you’re pre-approved, we can start touring homes the same week. Want me to make the introduction?
Q: What’s your process for selling my home? A: Simple and proven: (1) Free detailed market analysis and pricing strategy, (2) Professional photos, virtual tour, and staging advice, (3) Targeted marketing to qualified buyers, (4) Expert negotiation to get you top dollar. In today’s balanced market, realistic pricing gets us multiple offers fast.
Q: Can you help with investment properties? A: Absolutely! I work with investors all the time. Delray Beach and Boynton Beach have excellent short-term rental potential, while Coral Springs and Parkland offer strong long-term appreciation. I can pull cash-flow numbers, cap rates, and the latest comps for any area you’re considering.
Q: How long does the buying process usually take? A: From accepted offer to closing, it’s typically 30–45 days in South Florida right now. With more inventory available, we can often move even faster when the right home comes along. I’ll keep everything on track so there are no surprises.
Q: What are typical closing costs in Florida? A: For buyers, plan on 2–3% of the purchase price (title insurance, taxes, lender fees, etc.). Sellers usually cover 1–3% plus their agent commission. I’ll give you a clear, personalized breakdown for your specific deal so everything is transparent.
Q: Do you work with out-of-state buyers? A: All the time! I make the process seamless for clients moving to South Florida. Virtual tours, detailed neighborhood reports, remote coordination — I’ve got you covered no matter where you’re coming from.
Contact Info: jacobc.realtysolutions@gmail.com | (404) 862-1443)
