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Tag: #miamibeachmortgagecompany

The Latest Trends in Housing [INFOGRAPHIC]

Some HighlightsWith the number of new listings going up and average days on market going down, buyers may have more options, but will still want to move fast.For sellers, inventory is still low and houses are selling fast, meaning your house should stand out and may get multiple offers if you price it right.If you want to know more about what’s happening in your area, connect with a local real estate agent.

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The Residences At 1428 Brickell Is Over 40% Sold, Lands $104 Million Construction Financing

The Residences at 1428 Brickell has hit two major milestones on the lead-up to groundbreaking. This week it was announced that developer YTech has secured $104 million in construction financing for the project just as the sales team has announced that over 40% of the 189 planned residences have sold. Ytech has had an incredibly busy year with the project. Sales were launched in January of 2023, marking just over 1 year to sell almost half of the project. This is an astounding rate of absorption for preconstruction residences that begin at $2.4 million up to $7 million. The construction site...

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Florida Mortgage | Experts Project Home Prices Will Go Up in 2024

Florida Mortgage | Experts Project Home Prices Will Go Up in 2024 Experts project home prices will go up in 2024. Contact us to go over what is happening with home prices in your area. NMLS ID 1834853 #homeprices #floridamortgage #floridamortgagerates #floridamortgagecompany

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Why Today’s Seller’s Market Is Good for Your Bottom Line

Thinking about selling your house and wondering if now’s a good time to do it? Here’s what you need to know. Even though the number of homes for sale has been growing this year, there still aren’t enough homes on the market for all the buyers who want to buy.So, what does that mean for you? To keep it simple, it means it’s still a seller’s market. Here’s how it works:A neutral market is when supply and demand is balanced. Basically, there are enough homes to meet buyer demand based on the current sales pace, and home prices hold fairly steady.A buyer’s market is when there are more homes for...

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Your Home Is a Powerful Investment

Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash. Some in the media were even forecasting home prices would drop by as much as 10-20%—and that might have made you feel a bit unsure about buying a home.But here’s what actually happened: home prices went up more than usual. Brian D. Luke, Head of Commodities at S&P Dow Jones Indices, explains:“Looking back at the year, 2023 appears to have exceeded average annual home price gains over the past 35 years.”To put last year’s growth into context, the graph below uses data from Freddie...

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Rivage Opens Elegant Bal Harbour Sales Gallery Ahead Of Groundbreaking

Related Group + Two Roads Development have been working diligently, preparing for the upcoming groundbreaking of their new ultra-luxury beachfront development, Rivage Bal Harbour. Most recently, they have unveiled an elegant sales gallery in the Bal Harbour Shops where buyers can experience the quality and design that is soon to be constructed just across the street. Buyers can obtain appointments for a private presentation in the sales gallery by contacting me directly, and we can take an immersive tour of the development from the oceanfront location to an actual build-out of the residence...

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What Mortgage Rate Do You Need To Move?

If you’ve been thinking about buying a home, mortgage rates are probably top of mind for you. They may even be why you’ve put your plans on hold for now. When rates climbed near 8% last year, some buyers found the numbers just didn’t make sense for their budget anymore. That may be the case for you too.Data from Bright MLS shows the top reason buyers delayed their plans to move is due to high mortgage rates (see graph below): David Childers, CEO at Keeping Current Matters, speaks to this statistic in the recent How’s The Market podcast:“Three quarters of buyers said ‘we’re out’ due to mortgage...

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Finding Your Perfect Home in a Fixer Upper

If you’re trying to buy a home and are having a hard time finding one you can afford, it may be time to consider a fixer-upper. That’s a house that needs a little elbow grease or some updates, but has good bones. Fixer-uppers can be a really great option if you’re looking to break into the housing market or want to stretch your budget further. According to NerdWallet:“Buying a fixer-upper can provide a path to homeownership for first-time home buyers or a way for repeat buyers to afford a larger home or a better neighborhood. With the relatively low inventory of homes for sale these days, a...

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