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.

Worried About Mortgage Rates? Control the Controllables

Written by Miami Beach Condo Financing Syndicated User on June 19, 2024. Posted in Buying Tips, Condo Financing Miami Beach, Economy, Miami Beach Condo Financing, Mortgage Rates.

Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do.The truth is, mortgage rates are impacted by a lot of factors: geo-political uncertainty, inflation and the economy, and more. And trying to pin down when all those factors will line up enough for rates to come down is tricky.That’s why it’s generally not worth it to try to time the market. There’s too much at play...

Do Elections Impact the Housing Market?

Written by Miami Beach Condo Financing Syndicated User on June 18, 2024. Posted in Condo Financing Miami Beach, For Buyers, For Sellers, Miami Beach Condo Financing.

The 2024 Presidential election is just months away. As someone who’s thinking about potentially buying or selling a home, you’re probably curious about what effect, if any, elections have on the housing market.It’s a great question because buying or selling a home is a major decision, and it’s natural to wonder how such a major event might impact your plans.Historically, Presidential elections have only had a small, temporary impact on the housing market. Here’s the latest on exactly what’s happened to home sales, prices, and mortgage rates throughout those time periods.Home SalesDuring the...

Fisher Island’s Six Fisher Lands $400 Million Construction Loan Ahead Of Groundbreaking

Written by Miami Beach Condo Financing Syndicated User on June 17, 2024. Posted in Condo Financing Miami Beach, Fisher Island New Construction, Luxury Condos, Miami Beach Condo Financing, Neighborhoods, New Construction, Related Group, Six Fisher.

New York’s Madison Realty Capital has provided Related Group with $400 million to construct their new ultra luxury development on Fisher Island, Six Fisher. Related purchased the site in 2022 for over $100 million and launched sales during Art Basel Miami Beach of that year. They set the new standard as being the first project to require prospective buyers to be invited to even consider a purchase. This set the stage of the new era of exclusivity being currency in the Miami Beach condo market. Fast forward to today and the project has sold more than $500 million so far, including a...

Four Seasons Private Residences In Coconut Grove Releases New Renderings, Floorplans

Written by Miami Beach Condo Financing Syndicated User on June 17, 2024. Posted in Coconut Grove Luxury Condos, Coconut Grove New Construction, Condo Financing Miami Beach, Four Seasons Coconut Grove, Luxury Condos, Miami Beach Condo Financing, Neighborhoods, New Construction, Renderings.

The much anticipated Four Seasons Private Residences in Coconut Grove has now officially launched, having released full renderings and floor plans this week. With spaces designed by world-renowned architect Michele Bönan, the project promises to set a new standard of luxury in our burgeoning community of Coconut Grove. We were excited to be the first to learn back in February that Fort Partners and Ugo Colombo’s CMC Group had purchased the office building at 2699 S. Bayshore Drive in Coconut Grove with plans to re-develop it into 70 ultra-luxury residences as the Four Seasons Private...

Real Estate Is Still the Best Long-Term Investment [INFOGRAPHIC]

Written by Miami Beach Condo Financing Syndicated User on June 15, 2024. Posted in Condo Financing Miami Beach, Equity, For Buyers, Infographics, Miami Beach Condo Financing, Rent vs. Buy.

Some HighlightsAccording to a recent poll from Gallup, real estate has been voted the best long-term investment for twelve straight years.That’s because a home is so much more just than a roof over your head. It’s also an asset that typically grows in value over time. If you’ve been debating if it makes more sense to rent or buy, connect with a real estate agent to talk about why homeownership can be a better bet in the long run.

Homebuilders Aren’t Overbuilding, They’re Catching Up

Written by Miami Beach Condo Financing Syndicated User on June 14, 2024. Posted in Condo Financing Miami Beach, For Buyers, Inventory, Miami Beach Condo Financing.

You may have heard that there are more brand-new homes available right now than the norm. Today, about one in three homes on the market are newly built. And if you’re wondering what that means for the housing market and for your own move, here’s what you need to know.Why This Isn’t Like 2008People remember what happened to the housing market back in 2008. And one of the factors that contributed to that crash was that there were too many homes for sale. While only part of the oversupply back then came from builders, the lasting impact is that some people still feel uneasy when they hear new...

Home Prices Aren’t Declining, But Headlines Might Make You Think They Are

Written by Miami Beach Condo Financing Syndicated User on June 13, 2024. Posted in Condo Financing Miami Beach, For Buyers, For Sellers, Home Prices, Miami Beach Condo Financing.

If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify. Here’s what’s really happening with prices.The bottom line is home prices are higher than they were a year ago at this time, and they’re expected to keep rising, just at a slower pace.But a recent article from Redfin notes,“Price Drops Hit Highest Level in 18 Months As High Rates Dampen Buyer Demand.” And that might make you think prices are declining.Now, while it’s true the latest report from Realtor.com also shows 16.6% of homes on the market had price...

Savings Strategies Every First-Time Homebuyer Needs To Know

Written by Miami Beach Condo Financing Syndicated User on June 12, 2024. Posted in Buying Tips, Condo Financing Miami Beach, First-Time Buyers, For Buyers, Miami Beach Condo Financing.

If homeownership is on your goal sheet for your future, you’re probably working on your savings. And a big priority is making sure you’ve got a plan in place for things like your closing costs, down payment, and more. Here are a few strategies that can help speed up that process. Budget and Track Your Expenses: To start, create a detailed budget that tracks the money you’ve got coming in and the money going out. This’ll give you a better look at your finances as a whole. Cut Down on Unnecessary Spending: Now that you have your budget sheet done and you know how you’re spending your money,...

Selling Smart: Why a Real Estate Agent Makes All the Difference

Written by Miami Beach Condo Financing Syndicated User on June 11, 2024. Posted in Condo Financing Miami Beach, For Sale by Owner, For Sellers, Miami Beach Condo Financing, Selling Tips.

If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s really worth the extra stress. Going this route means shouldering a lot of responsibilities by yourself – and, if you’re not an expert, that opens the door for mistakes to happen and can quickly become overwhelming.A report from the National Association of Realtors (NAR) shows two key areas where people who sold their own house struggled the most: pricing and paperwork.Here are just a few of the ways an agent makes those tasks a whole lot easier.Getting the Price...

The Residences At 1428 Brickell Hosts Demolition Celebration As Their Construction Site Begins Preparation

Written by Miami Beach Condo Financing Syndicated User on June 10, 2024. Posted in 1428 Brickell, Brickell New Construction, Condo Financing Miami Beach, Luxury Condos, Miami Beach Condo Financing, Neighborhoods, New Construction, YTech.

Heavy equipment was moved in and the aging 1980’s-era office tower that once stood at 1428 Brickell is now destroyed, making way for a glittering new energy-efficient luxury condo development called The Residences at 1428 Brickell. But before the heavy moving began, we did what people in Miami do… we celebrated! Miami is famous for always finding a reason to celebrate, but a demolition party is arguably one of the most fun and productive events you can take part in here in the 305. It is filled with excitement of the future, glamour and prestige, our “out-with-the-old, in-with-the-new”...