Luxury lifestyle incorporates homes, second homes, travel, food, wine and other luxury indulgences.
Carlsbad is among California’s wealthiest cities, with a median household income of $113K. La Costa Ridge is the city’s most exclusive gated community. Its coastal location enhances desirability and property values. Carlsbad is ranked among the top 20 richest cities in the US and 5th in California. The city attracts high-income professionals seeking luxury amenities and a coastal lifestyle.
The Save Our Homes Act limits annual increases in assessed value of homesteaded properties to 3% or CPI, protecting homeowners from steep tax hikes. Portability lets homeowners transfer up to $500,000 of this benefit to a new Florida home, reducing its taxable value. The Homestead Exemption further lowers taxable value by exempting the first $25,000 and possibly more. These provisions promote fair, stable property taxation. Continue to full article
Transform your garage into a showroom-worthy space with these five design tips tailored for collectors who value aesthetics, function, and elevated living.
Closing costs usually amount to 3% to 6% of the mortgage. For example, a $450K mortgage could mean ~$13K to $27K in closing fees. In Florida, homebuyers pay an avg of $4,498 in closing costs. The avg transfer taxes in Florida are $4,056, which nearly match the base fees. Florida’s closing expenses include both lender fees and transfer taxes.
Slide 1 Florida wants condos more affordable—down payments could drop from 20% to national 3–5% standard. Slide 2 Insurance premiums are skyrocketing—buyers pay both personal HO-6 and rising HOA master policy costs. Slide 3 HOA fees are climbing fast—roof, structural repairs, and reserve funds are breaking budgets. Slide 4 Surfside tragedy changed everything: inspections and reserve fund laws protect safety but hike costs. Slide 5 Florida condos are unique—high down…
Pandemic-heated housing markets in the Sun Belt, especially in Florida, are cooling due to increased construction and slower demand, leading to more buyer power. Conversely, Rust Belt and Northeast metros like New Haven, CT, and Rockford, IL, are heating up with rising prices and tight inventory. Cooling markets offer better affordability, while hot markets face supply shortages. Buyers now have more negotiation leverage; sellers must price homes smartly and consider…
In 2025, Florida’s housing market is showing signs of recovery after years of sluggish sales and falling prices. New home orders in the state increased slightly in the last quarter, signaling a positive shift in the Real Estate landscape. Sales of move-up homes and active adult communities ↑ 18% yearly, despite affordability challenges in the entry-level segment. Stabilizing inventory and slower price drops, down ~10% from 2-yr ago, suggest the…
Elevate your outdoor living with these four key techniques to highlight your fire pit, ensuring it captures attention amid a sprawling luxury yard.
Utilize these strategies for selecting, placing, and integrating abstract art in your luxury home. Transform your space with sophisticated design choices.
Single-family sales ↓ 2.8% YoY; condos/townhouses ↓ 11.8% Pending sales: single-family ↓ 0.7%, condos/townhouses ↓ 6.3% Median price: single-family $410K (↓ 1.7%), condos/townhouses $295K (↓ 6.3%) Economist: Single-family price drops not accelerating; condo declines larger than early year Year-to-date: condo/townhouse median price ↓ ~4.5%
