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Tag: #miamibeachmortgagecompany

How Changing Mortgage Rates Can Affect You

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship between mortgage rates and a typical monthly mortgage payment:Even a 0.5% change can have a big impact on your monthly payment. And since rates have been moving between 6% and 7% for a while now, you can see how it impacts your purchasing power as rates go down.What This Means for YouYou may be tempted...

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Brickell’s Ora By Casa Tua Releases New Renderings And Details As Sales Begin

Ora by Casa Tua has released details about FOUR new restaurant concepts that will be incorporated into the new residential tower at 1210 Brickell Avenue along with prices and initial renderings…

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Terra And Major Food Group Join All-Star Development Team For The Villa In Edgewater

It’s a new development party! An impressive team of creative minds has come together with plans to construct a new 58-story tower in Miami’s Edgewater district. The condo is slated to be called The Villa, and will replace a Zaha Hadid design that was planned a few years back…

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Juggernauts Groot Hospitality And Tao Group Team Up In Edgewater With Casadonna

The two highest-grossing entertainment conglomerates are partnering up to bring Casadonna to Edgewater. The name “Casadonna” is clearly a nod to the location. Meaning “house of women” in Italian, the new eatery will be housed in the historic waterfront Miami Women’s Club located at 1737 North Bayshore Drive…

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We’re in a Sellers’ Market. What Does That Mean?

Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house?It starts with the number of homes available for sale. The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Today, we have a 2.6-month supply of homes at the current sales pace. Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market...

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4 Key Tips for Selling Your House This Spring

Spring has arrived, and that means more and more people are getting their homes ready to sell. But with recent shifts in real estate, this year’s spring housing market will be different from the frenzy of the past several years. To sell your house quickly, without hassles, and for the most money, be sure to follow these four simple tips:1. Make Sure You Give Buyers AccessOne of the biggest mistakes you can make as a seller is limiting the days and times when buyers have access to view your home. In any market, if you want to maximize the sale of your house, you can’t limit potential buyers’...

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Downtown Miami Waterfront Development Site Set To Bring Over $1 Billion

Genting Malaysia is selling the former site of the Miami Herald offices in Downtown Miami. At least 5 bids surpass the $1 billion mark, making this arguably the highest priced development site in the United States…

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Waldorf Astoria Hotel & Residences Downtown Miami Construction Update

Site work for the Waldorf Astoria Residences in Downtown Miami is well underway and on track with the developer’s construction timeline, according to an update received today. In addition, a construction loan…

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How Homeownership Is Life Changing for Many Women

Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households.Why Is Homeownership So Important to Women?The rise in women pursuing homeownership hasn’t just made an impact on the housing market. It’s also been an asset for those buyers and their households. That’s because homeownership has many benefits, both financial and personal.On the financial side, housing proves to be the key to building...

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