Category: Condo Financing Miami Beach
At Fidelity Home Group, we are Miami Beach Mortgage Experts! We offer more options, more transparency and a simpler way to find the right mortgage program for your unique situation.
Miami Beach is a south Florida island city, connected by bridges to mainland Miami. Wide beaches stretch from North Shore Open Space Park, past palm-lined Lummus Park to South Pointe Park. The southern end, South Beach, is known for its international cachet with models and celebrities, and its early-20th-century architecture in the Art Deco Historic district with pastel-colored buildings, especially on Ocean Drive.
While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home.
As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends that may benefit you when you go to buy a home today.
1. More Homes To Choose from
During the pandemic, housing supply hit a record low at the same time buyer demand skyrocketed. This combination made it difficult to find a home because there just weren’t enough to meet buyer...
Florida Mortgage | Keeping Today’s Housing Market in Perspective Is Key When You Sell
Keeping Today’s Housing Market in Perspective Is Key When You Sell | Today’s housing market is cooling from the frenzy it saw over the past two years | NMLS ID 1834853 #floridarealestate #floridahousingmarket #fidelityhomegroup
Taking the Fear out of Saving for a Home
If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter. And to do that, turn to trusted real estate professionals. They can help you plan your finances and prepare your budget.
Here are just a few costs experts say you can expect.
1. Down Payment
Saving for your down payment is likely top of mind as you set out to buy a home. But do you know how much you’ll need to save? While each situation is different, there’s a...
Florida Mortgage | Don’t Be Afraid of Today’s Housing Market
Don’t Be Afraid of Today’s Housing Market. Buying or selling a home doesn’t have to be scary. | NMLS ID 1834853 #floridahousingmrket #floridarealestate #fidelityhomegroup
Applying for a Mortgage Doesn’t Have To Be Scary [INFOGRAPHIC]
Some Highlights
Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home.
Know your credit score and work to build strong credit. When you’re ready, lean on the pros and connect with a lender so you can get pre-approved and begin your home search.
Any major life change can be scary, and buying a home is no different. Let’s connect so you have an advisor by your side to take fear out of the equation.
Content previously posted on Keeping Current Matters
Florida Mortgage | Florida Market Update September 2022
Florida Market Update September 2022 | NMLS ID 1834853 #floridamarketupdate #floridarealestate #fidelityhomegroup
Millennials Are Still a Driving Force of Today’s Buyer Demand
If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for.
While the millennial generation has been dubbed the renter generation, that namesake may not be appropriate anymore. Millennials, the largest generation, are actually a significant driving force for buyer demand in the housing market today. Here’s why.
Millennial Homebuying Power
While there’s no denying higher mortgage rates are making it more challenging to afford a home...
Waldorf Astoria Miami Residences Announces Groundbreaking Date
After a slight delay due to weather, Property Markets Group (PMG) has announced the official groundbreaking date for their spectacular new tower in Downtown Miami, the 100-story Waldorf Astoria Miami Residences. On…
10th Annual South Beach Seafood Festival Is This Weekend!
Polish your palates, Miami area foodies! The swanky South Beach Seafood Festival is back this weekend, this year being the 10th year anniversary of the weekend of taste-testing and sipping…
What Happens to Housing when There’s a Recession?
Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022 CEO Outlook from KPMG says:
“Global CEOs see a ‘mild and short’ recession, yet optimistic about global economy over 3-year horizon . . .
More than 8 out of 10 anticipate a recession over the next 12 months, with more than half expecting it to be mild and short.”
To add...