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2023 Coconut Grove Real Estate Values | Year-Over-Year Numbers

Written by Miami Beach Condo Financing Syndicated User on . Posted in Coconut Grove, Condo Financing Miami Beach, Luxury Condos, Luxury Homes, Market Trends, Miami Beach Condo Financing, Real Estate Trends.

The overall market in South Florida exploded in 2021 and continued in 2022 due to an influx of buyers from New York, Chicago and L.A. because of our favorable tax rates, Covid and “the way that Florida is being run.” The Coconut Grove market shattered every metric in 2021 and then did it again in 2022 even when…

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Balancing Your Wants and Needs as a Homebuyer This Spring

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

Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way: “While the number of homes for sale is increasing, it is still 43.2% lower than it was before the pandemic in 2017 to 2019. This means that there are still fewer homes available to buy on a typical day than there were a few years ago.”The current housing shortage has an impact on how you search for a home this spring. With limited options on...

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Just Listed | Spacious Duplex At Ten Museum Park Offered For $1.80M

Written by Miami Beach Condo Financing Syndicated User on . Posted in Condo Financing Miami Beach, Design & Architecture, Downtown Miami Condos, Just Listed, Luxury Condos, Luxury Listings, Miami Beach Condo Financing, Oppenheim Architecture, Ten Museum Park.

We are excited today to showcase the newly-listed residence 2603 at Ten Museum Park, a 1,794-square-foot 2 bedroom, 2 bathroom and powder room that is being offered for $1,800,000. Designed by Oppenheim Architecture, this stunning duplex waterfront loft embodies the Miami lifestyle throughout with…

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An Expert Gives You Clarity in Today’s Housing Market

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

The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process.A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and more to give you the best advice. Someone who can provide clarity like that is critical right now. Jay Thompson, Real Estate Industry Consultant, explains:“Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry....

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Leverage Your Equity When You Sell Your House

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

One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this:“Home equity is the portion of your home you’ve paid off – in other words, your stake in the property as opposed to the lender’s. In practical terms, home equity is the appraised value of your home minus any outstanding mortgage and loan balances.”Majority of Americans Have a Large Amount of EquityIf you’ve owned...

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4 Tips for Making Your Best Offer on 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.

Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these four tips to make your best offer.1. Lean on a Real Estate ProfessionalRely on an agent who can support your goals. As Bankrate notes:“. . . select the best real estate agent for your needs. They will be a critical part of your home buying process.”Agents are local market experts. They know what’s worked for other buyers in your area and what sellers may be looking for in an offer. It...

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2 Things Sellers Need To Know This Spring

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

A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind.1. Houses That Are Priced Right Are Still SellingHouses that are updated and priced at their current market value are still selling. Jeff Tucker, Senior Economist at Zillow, says:“. . . sellers who price and market their home competitively shouldn’t have a problem finding a buyer.”The need to price your house right is so important today because the market has changed...

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Could a Multigenerational Home Be the Right Fit for You?

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

During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Association of Realtors (NAR):“Multi-generational buying may be a home where families live in the same home with elderly parents, children who have boomeranged back home, or other extended family members. While this is not a new concept of living, it is one which has gained recent popularity.”And citing data from Pew...

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