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.

This Is the Sweet Spot Homebuyers Have Been Waiting For

Written by Miami Beach Condo Financing Syndicated User on October 2, 2024. Posted in Condo Financing Miami Beach, For Buyers, Miami Beach Condo Financing, Mortgage Rates.

After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers—and it’s one that may not last long.So, if you’ve put your own move on the back burner, here’s why maybe you shouldn’t delay your plans any longer.As you weigh your options and decide if you should buy now or wait, ask yourself this: What do you think everyone else is going to do?The truth is, if mortgage rates continue to ease, as experts...

Buying Beats Renting in 22 Major U.S. Cities

Written by Miami Beach Condo Financing Syndicated User on October 1, 2024. Posted in Affordability, Condo Financing Miami Beach, For Buyers, Home Prices, Inventory, Miami Beach Condo Financing, Mortgage Rates.

That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below):As mortgage rates have eased off their recent peak, home prices have moderated, and inventory has ticked up, affordability has improved significantly. When you add all of that up, it’s getting less expensive to buy a home than to rent one in many parts of the country.This is a big deal if you’ve been renting for a while now. But if you don’t see your city on this list, don’t sweat it. Things are moving fast, and your area...

Buy Now, or Wait?

Written by Miami Beach Condo Financing Syndicated User on September 28, 2024. Posted in Buying Tips, Condo Financing Miami Beach, For Buyers, Infographics, Miami Beach Condo Financing, Mortgage Rates.

Some HighlightsIf you’re wondering if you should buy now or wait, here’s what you need to know. If you wait for rates to drop more, you’ll have to deal with more competition and higher prices as additional buyers jump back in. But if you buy now, you’d get ahead of that and have the chance to start building equity.Should you buy now or wait? Connect with a real estate agent and talk through it together, so you can make your best decision.

JUST LISTED & RARE TO MARKET | 15th-Floor C-Line Condo at One Park Grove with Direct-Water Views

Written by Miami Beach Condo Financing Syndicated User on September 27, 2024. Posted in Coconut Grove Condos, Condo Financing Miami Beach, Luxury Condos, Luxury Listings, Miami Beach Condo Financing, One Park Grove, Park Grove.

Introducing a rare-to-market opportunity at the most coveted condo building in Coconut Grove, Unit 15C at One Park Grove has now hit the market for sale, co-listed by Douglas Elliman Broker Associate, Michael Light, and Brown Harris Stevens Sales Associate, Leslie Bettison! This chic, yet sophisticated, 2-Bedroom + Den 2.5-Bathroom condo situated on the 15th floor at One Park Grove in Coconut Grove is perfect for even the most discerning buyer. An entertainer’s dream…a private elevator with a fashionably-designed foyer leads you into 2,232 sf of interior space offering 12-foot ceilings,...

Don’t Fall for These Real Estate Agent Myths

Written by Miami Beach Condo Financing Syndicated User on September 27, 2024. Posted in Agent Value, Buying Tips, Condo Financing Miami Beach, For Buyers, For Sellers, Miami Beach Condo Financing, Selling Tips.

When it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will have an impact on your entire experience and how smoothly it goes.As you figure out who you’ll partner with, it’s important to know what to expect and what to look for. Unfortunately, there may be some myths holding you back from making the best decision possible. So, let’s take some time to address those, and make sure you have the information you need to find the right agent for you.Myth #1: All Real Estate Agents Are the SameYou might think all...

Why Buying Now May Be Worth It in the Long Run

Written by Miami Beach Condo Financing Syndicated User on September 26, 2024. Posted in Buying Tips, Condo Financing Miami Beach, Equity, First-Time Buyers, For Buyers, Home Prices, Miami Beach Condo Financing.

Should you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your decision.As soon as you buy, you’ll start gaining equity. And you’d be surprised how quickly that can add up – even with more moderate home price appreciation.Each quarter, Fannie Mae releases the Home Price Expectations Survey. It asks over one hundred economists, real estate experts, and investment and market strategists what they forecast for home prices...

The Down Payment Assistance You Didn’t Know About

Written by Miami Beach Condo Financing Syndicated User on September 25, 2024. Posted in Condo Financing Miami Beach, First-Time Buyers, For Buyers, Miami Beach Condo Financing.

Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast (see graph below):Here’s what you need to know to make the most of your down payment in today’s housing market.Amplify Your Down Payment PotentialFor first-time buyers, the name of the game with down payments is making sure you’re taking advantage of all the resources out there designed to help you. And a bunch of them can get you to your goal faster than you may have thought possible. For...

Is Your House Priced Too High?

Written by Miami Beach Condo Financing Syndicated User on September 24, 2024. Posted in Agent Value, Condo Financing Miami Beach, For Sellers, Miami Beach Condo Financing, Selling Tips.

Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different.But did you know one of the biggest things that could jeopardize your success is the asking price for your home? Pricing your house correctly is one of the most crucial steps in the selling process.So, how do you know if you’re missing the mark? Here are four signs your high asking price might be turning potential buyers away—and why leaning on your real estate agent is the best way to course correct.1. You’re Not Getting Many Showings or...

Michael Stern’s Dolce & Gabbana Tower Advances In Brickell With Zoning Approval

Written by Miami Beach Condo Financing Syndicated User on September 23, 2024. Posted in Brickell Luxury Condos, Condo Financing Miami Beach, Dolce & Gabbana, JDS, Miami Beach Condo Financing, Neighborhoods, New Construction, Renderings.

Michael Stern’s 81-story tower in Miami’s Brickell Financial District is moving forward according to court records. The Dolce & Gabbana-branded tower has won their first step of zoning approval from Miami-Dade County with an 11-0 vote. According to the new site plan, the tower will be built to 81 stories with 259 residential units, just under 103,000 square feet of commercial space with retail, restaurant, spa and wellness center (gym) uses. There will also be 273 parking spaces. The elevations show that the tower will rise 1,049 feet, which goes to the maximum allowed in that area due...

Six Fisher On Miami Beach’s Fisher Island Hosts Groundbreaking After $400 Million Construction Loan

Written by Miami Beach Condo Financing Syndicated User on September 23, 2024. Posted in Condo Financing Miami Beach, Fisher Island New Construction, Miami Beach Condo Financing, Neighborhoods, New Construction, Related Group, Renderings, Residences at 6 Fisher Island Drive.

After receiving a $400 million construction loan from New York’s Madison Realty Capital, Related Group and partners have hosted an official groundbreaking on their new landmark project, Six Fisher on the famed Fisher Island. “The groundbreaking of the Residences at Six Fisher Island marks a transformative moment for this historic island, being the first new development in over five years and one of its final luxury real residential ventures. We’re incredibly honored to advance this landmark development, which offers a rare opportunity for buyers to secure a piece of Miami’s most coveted...