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What Makes a House a Home?

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

There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too. Home means something different to all of us. Whether it’s sharing memories with loved ones at the kitchen table or settling in to read a book in a favorite chair, the emotional connections to our homes can be just as important as the financial ones. Here are some of the things that make a house a home. 1. You Can Be Proud of Your Accomplishment Buying...

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What To Expect From the Housing Market in 2023

Written by Miami Beach Condo Financing Syndicated User on . Posted in Condo Financing Miami Beach, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Miami Beach Condo Financing, Pricing.

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before in a calendar year. This had a cascading impact on buyer activity, the balance between supply and demand, and ultimately home prices. And as all those things changed, some buyers and sellers put their plans on hold and decided to wait until the market felt a bit more predictable. But...

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Miami Is Set To Host The World Cup 2026 – How Will This Affect Real Estate Values?

Written by Miami Beach Condo Financing Syndicated User on . Posted in Condo Financing Miami Beach, International Real Estate, Market Trends, Miami Beach Condo Financing, My 3 Cents, World Cup 2026, World Cup Miami.

Leading up to the World Cup, there is an increase in demand for properties that are suited for the hosting of the influx of soccer fans, their family & friends. This demand intensifies after the games conclude, as countless visitors seek to return to the locations with these attributes…

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Homeowners Still Have Positive Equity Gains over the Past 12 Months

Written by Miami Beach Condo Financing Syndicated User on . Posted in Condo Financing Miami Beach, For Sellers, Housing Market Updates, Miami Beach Condo Financing, Pricing.

If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates. Equity is the current value of your home minus what you owe on the loan. Because there was a significant imbalance between the number of homes available for sale and the number of buyers looking to make a purchase over the past few years, home prices appreciated substantially. And while home price appreciation has moderated this year, and even depreciated slightly in some overheated markets, that doesn’t...

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Mortgage Rates Are Dropping. What Does That Mean for You?

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

Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), explains it well by saying: “Mortgage rates dropped even further this week as two main factors affecting today’s mortgage market became more favorable. Inflation continued to ease while the Federal Reserve switched to a smaller interest rate hike. As a result,...

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World’s Tallest Menorah Lights Up Miami Skyline In Celebration Of Hanukkah

Written by Miami Beach Condo Financing Syndicated User on . Posted in Around Town, Condo Financing Miami Beach, Hanukkah Miami, Holidays, Largest Menorah in the World, Miami Beach Condo Financing, Neighborhoods.

The world’s tallest menorah, spinning digital dreidels and array of six-pointed Jewish stars are lighting-up South Florida’s skyline, at the 60-story Paramount Miami Worldcenter, in downtown Miami…

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2023 Housing Market Forecast [INFOGRAPHIC]

Written by Miami Beach Condo Financing Syndicated User on . Posted in Condo Financing Miami Beach, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Miami Beach Condo Financing.

Some Highlights From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, let’s connect so you understand where the housing market is headed in 2023. Sources: realtor.com Home Price Expectations Survey (HPES) National Association of Realtors (NAR) Mortgage Bankers Association (MBA) Fannie Mae Freddie Mac Zelman & Associates Greg McBride, Chief Financial Analyst, Bankrate Content previously posted on Keeping Current Matters

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