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.
Almost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing supply.
Purchaser demand is very strong right now. The National Association of Realtors (NAR) just released their latest Existing Home Sales Report which reveals that sales surged in January. Existing home sales rose to a seasonally adjusted annual rate of 6.5 million – an increase of 6.7% from the prior month, with sales up in all regions. However, there’s one big challenge.
Inventory Is at an All-Time Low
Because...
How Supply and Demand Can Impact Your Buying and Selling Goals
In today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the concept of supply and demand, this means home prices will naturally rise. Why is that? When there are more people trying to buy an item than there are making that item available for sale, that drives prices up. And that’s exactly the case in today’s housing market. So, knowing what’s happening with the inventory of homes for sale and the demand for housing is crucial for today’s buyers and sellers.
Nationally, Demand Is High and Supply Is Very Low
The latest buyer and...
The Perks of Owning More Than One Home
Many things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more than one home. According to the recent Luxury Market Report from Luxury Home Marketing:
“As trends such as remote working and flexi-hours took hold in 2021, so too did the flexibility of relocating as well as the growth of second homeownership.”
This may be because the pandemic has altered how we think about our homes. Where we live has become, more than ever, our safe space and our getaway. And with the rise in remote work, more people are reconsidering...
Never Before Seen Renderings | Vita at Grove Isle in Coconut Grove
After years of litigation, everything has finally been settled and the project is officially moving forward. The difference is, Ugo Columbo, arguably one of the “finest finishes” developers in Miami, has taken over and will be developing the project, now called Vita at Grove Isle…
Florida Mortgage | Why Acting Strategically as a Seller Is Your Best Play
Florida Mortgage | Why Acting Strategically as a Seller Is Your Best Play
Are you thinking of selling your house? Let’s connect so you can perfect your strategy and make a winning play this year. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Real Estate Voted the Best Investment Eight Years in a Row
In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below):
If you’re thinking about purchasing a home this year, this poll should reassure you. Even when inflation is rising like it is today, Americans agree an investment like real estate truly shines.
Why Is Real Estate a Great Investment During Times of High Inflation?
With inflation reaching its highest...
The Coconut Grove Arts Festival is Back and Better Than Ever!
On a perfect Miami weekend with perfect weather and a beautiful backdrop of the Biscayne Bay and glittering towers of Coconut Grove, the 58th Annual Coconut Grove Arts Festival is in full effect. Have a look at the festivities that are available to you until tomorrow afternoon…
Arte in Surfside Residences: Surf’s Up After Record-Breaking January! Only 1 Condo Remains
After a whirlwind month of record-breaking sales, have a look at the last available residence in the ultra-exclusive and ultra-private Miami building where Jared Kushner & Ivanka Trump reposed after their exodus to the Sunshine State. You won’t be disappointed…
2022 Coconut Grove Real Estate Values | A Look Back at the 2021 Numbers
The overall market in South Florida exploded in 2021 due to an enormous influx of buyers from New York, Chicago and L.A. because of our favorable tax rates and triggered by Covid. As a result, the Coconut Grove real estate market shattered every metric ever tabulated in 2021…
What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]
Some Highlights
There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home.
Buyers are motivated to beat rising mortgage rates, and many want to escape rising rents. There’s also additional demand from millennials who are reaching peak homebuying age.
If you’re thinking about selling your house, today’s demand is great news. Let’s connect to begin the process of listing your house while buyers are ready to purchase.
Content previously posted on Keeping Current Matters