Planning to Retire? Your Equity Can Help You Make a Move

Written by Miami Beach Condo Financing Syndicated User on September 12, 2023. Posted in Condo Financing Miami Beach, Demographics, For Sellers, Miami Beach Condo Financing, Selling Myths.

Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities. As the door to this exciting chapter opens, one thing you may be considering is selling your house and finding a home better suited for your evolving needs.Fortunately, you may be in a better position to make a move than you realize. Here are a few reasons why.Consider How Long You’ve Been in Your HomeFrom 1985 to 2009, the average length of time homeowners stayed in their homes was roughly six years. But according to the National Association of Realtors (NAR), that number is higher...

Home Price Forecasts Revised for 2023 [INFOGRAPHIC]

Written by Miami Beach Condo Financing Syndicated User on September 9, 2023. Posted in Condo Financing Miami Beach, Infographics, Miami Beach Condo Financing, Pricing.

Some HighlightsLast year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease.Connect with your trusted real estate agent to find out what’s happening with home values in your local area.Sources https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-dec-2022.pdfhttps://www.mba.org/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-aug-2023.pdfhttps://www.fanniemae.com/media/45801/displayhttps://www.fanniemae.com/media/48726/displayhttps://twitter.com/NewsLambert/status/1671900591113609216...

Which Views Are The Best In Miami? A Case For Choosing A West-Facing View

Written by Miami Beach Condo Financing Syndicated User on September 8, 2023. Posted in Buying & Selling Real Estate, Condo Financing Miami Beach, Luxury Condos, Market Trends, Miami Beach Condo Financing, Miami Condos, Miami Luxury Real Estate.

Of course living in Miami with a view of the ocean is a very marketable feature, but there is also something to be said for looking at the Biscayne Bay or the vibrant neighborhood that you choose…

Get Ready for Smaller, More Affordable Homes

Written by Miami Beach Condo Financing Syndicated User on September 8, 2023. Posted in Buying Myths, Condo Financing Miami Beach, First Time Home Buyers, For Buyers, Housing Market Updates, Miami Beach Condo Financing.

Have you been trying to buy a home, but higher mortgage rates and home prices are limiting your options? If so, here’s some good news – based on what Ali Wolf, Chief Economist at Zonda, has to say – smaller, more affordable homes are on the way:“Buyers should expect that over the next 12 to 24 months there will be a notable increase in the number of entry-level homes available.”In some ways, smaller homes are already here. When the pandemic hit, the meaning of home changed. People needed the space their home provided not only as a place to live, but as a place to work, go to school, exercise,...

Bentley Residences Prepares For Groundbreaking

Written by Miami Beach Condo Financing Syndicated User on September 7, 2023. Posted in Bentley Residences Miami, Condo Financing Miami Beach, Dezer Development, Luxury Condos, Miami Beach Condo Financing, Neighborhoods, New Construction, Sunny Isles Beach Condos.

As the summer is winding down, Gil Dezer is winding up to break ground on his latest development, the 63-story Bentley Residences in Sunny Isles…

Inside Downtown Miami’s Outstanding Angels Ambassador Program

Written by Miami Beach Condo Financing Syndicated User on September 7, 2023. Posted in Around Town, Condo Financing Miami Beach, Downtown Miami, Miami Beach Condo Financing, Outstanding Angels Ambassador.

If you are new in town or lost, or if you feel unsafe for whatever reason, the Ambassadors are available to assist you. They roam the streets of the urban core through Downtown Miami and are generally just available to help, seven days per week…

Mortgage Rates: Past, Present, and Possible Future

Written by Miami Beach Condo Financing Syndicated User on September 7, 2023. Posted in Condo Financing Miami Beach, Housing Market Updates, Interest Rates, Miami Beach Condo Financing.

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have been historically compared to where they are now. Beyond that, it’s important to understand their relationship with inflation for insights into where mortgage rates might go in the near future.Giving Context to the Sticker ShockFreddie Mac has been tracking the 30-year fixed mortgage rate since April of...

Expert Home Price Forecasts Revised Up for 2023

Written by Miami Beach Condo Financing Syndicated User on September 6, 2023. Posted in Condo Financing Miami Beach, Housing Market Updates, Miami Beach Condo Financing, Pricing.

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the headlines got it wrong.While there was a slight home price correction after the sky-high price appreciation during the ‘unicorn’ years, nationally, home prices didn’t come crashing down. If anything, prices were a lot more resilient than many people expected.Let’s take a look at some of the expert forecasts from late last year...

Why It’s Still a Seller’s Market Today

Written by Miami Beach Condo Financing Syndicated User on September 5, 2023. Posted in Condo Financing Miami Beach, For Sellers, Housing Market Updates, Miami Beach Condo Financing, Selling Myths.

Even though activity in the housing market has slowed from the frenzy that was the ‘unicorn’ years, it’s still a seller’s market because the supply of homes for sale is so low. But what does that really mean for you? And why are conditions today so good if you want to sell your house?The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Housing inventory is measured by the number of available homes on the market. It’s also measured by months’ supply, meaning the number of months it would take to sell all those available...

Just Sold | The Perigon Miami Beach #801 | Last Offered at $21.9M

Written by Miami Beach Condo Financing Syndicated User on September 4, 2023. Posted in Condo Financing Miami Beach, Just Sold, Luxury Condos, Miami Beach Condo Financing, Miami Beach Condos, Miami Beach Waterfront Condos, New Construction, The Light Group, The Perigon.

Today, we announce the sale of another residence at The Perigon Miami Beach, along the famed “Millionaire’s Row.” The Light Group represented the buyer of Residence 801, which was last listed for $21.9 million. This marks our third recent transaction in the super-luxury boutique development with only 73 total units…

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