How To Think Strategically as a Buyer in Today’s Market

Written by Miami Beach Condo Financing Syndicated User on December 3, 2021. Posted in Buying Myths, Condo Financing Miami Beach, First Time Home Buyers, For Buyers, Miami Beach Condo Financing, Move-Up Buyers.

The game of chess can provide incredible lessons to apply to all aspects of life, including the homebuying process. Chess requires you to plan and think about your strategy from the very beginning of the game. The homebuying process, like chess, requires strategy and planning. Here are a few things to keep in mind to ensure your plan is as strong as possible when you begin your home search. Pre-Approval: the Best Opening Play To Make as a Homebuyer It’s important to have a great opening play when you’re buying a home. And the best move you can make when you begin your home search is getting...

Home Is Where the Heart Is More than Ever This Year

Written by Miami Beach Condo Financing Syndicated User on December 1, 2021. Posted in Condo Financing Miami Beach, First Time Home Buyers, For Buyers, Miami Beach Condo Financing, Move-Up Buyers.

There’s no denying the financial benefits of homeownership, but what’s often overlooked are the feelings of gratitude, security, pride, and comfort we get from owning a home. This year, those emotions are stronger than ever. We’ve lived through a time that has truly changed our needs and who we are, and as a result, homeownership has a whole new meaning for many of us. According to the 2021 State of the American Homeowner report by Unison: “Last year, staying home became a necessity and that caused many homeowners to have renewed gratitude for the roof over their head.” As a nation, we continue...

Why Now Is a Great Time To Sell Your House

Written by Miami Beach Condo Financing Syndicated User on November 30, 2021. Posted in Condo Financing Miami Beach, For Sellers, Housing Market Updates, Miami Beach Condo Financing, Move-Up Buyers, Pricing, Selling Myths.

As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to make a move that addresses their changing lifestyles. In fact, recent data from realtor.com shows a larger share of homeowners are planning to list their houses this winter. So, that means more homes are about to hit the market, which will lead to more choices for buyers too. According to George Ratiu, Manager of Economic Research at realtor.com: “The pandemic...

How Smart Buyers Are Approaching Rising Mortgage Rates

Written by Miami Beach Condo Financing Syndicated User on November 25, 2021. Posted in Buying Myths, Condo Financing Miami Beach, First Time Home Buyers, For Buyers, Interest Rates, Miami Beach Condo Financing, Move-Up Buyers.

Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates to increase slightly through the remainder of the year and reach 3.0%, rising to 3.5% for full year 2022.” If you’re thinking of buying a home, here are a few things to keep in mind so you can succeed even as mortgage rates rise. Taking Time Off Can Be Costly Mortgage rates play a significant role in your home search. As rates go up, your monthly...

Your Journey to Homeownership [INFOGRAPHIC]

Written by Miami Beach Condo Financing Syndicated User on November 25, 2021. Posted in Condo Financing Miami Beach, First Time Home Buyers, For Buyers, Infographics, Miami Beach Condo Financing, Move-Up Buyers.

Some Highlights When it comes to buying a home, there are a number of key milestones along the way. The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more. When you’re ready to start your journey, let’s connect so you have trusted guidance at every milestone in the process. Content previously posted on Keeping Current Matters

4 Ways Homeowners Can Use Their Equity

Written by Miami Beach Condo Financing Syndicated User on November 25, 2021. Posted in Condo Financing Miami Beach, For Sellers, Miami Beach Condo Financing, Move-Up Buyers.

Your equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year. According to the latest Equity Insights Report from CoreLogic, homeowners gained an average of $51,500 in equity over the past year. If you’re looking for the best ways to use your growing equity, here are four options: 1. Use Your Equity To Buy a Home That Fits Your Needs If you’re finding you no longer have the space you need, it might be time to move into a larger home. Or, it’s possible you have too much space and would like something smaller....

Category: Move-Up Buyers