There’s no arguing it, affordability is still tight. And if you’re trying to buy a home, that may mean you need to look at smaller houses to find one that’s still in your budget. But there is a silver lining: builders are focused on building these smaller homes right now and they’re offering incentives. And that can help give you more options that fit the bill.Newly Built Homes Are Trending SmallerDuring the pandemic, homebuyers wanted (and could afford) larger homes – and builders delivered. They focused on homes that were bigger, so people had more space for things like working from home,...
When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause. Maybe you did too because you didn’t want to sell and take on a higher mortgage rate for your next home. But is that still the right strategy for you?In today’s market, data shows more homeowners are getting used to where rates are and thinking it may be time to move. As Mark Zandi, Chief Economist at Moody’s Analytics, explains:“Listings are up a bit as life events and job changes are putting increasing pressure on locked-in homeowners to sell their homes. Homeowners may also be slowly coming...
You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions. And if you’re following along, it can be pretty confusing. But here’s the thing you really need to know – expert advice from a trusted real estate agent is priceless, now more than ever. And here’s why.A real estate agent does a lot more than you may realize. Your agent is the person who will guide you through every step when buying a home and look out for your best interests along the way. They smooth out a complex process and take away the bulk of the stress of...
Bridge Loans Florida | Florida Bridge Loans
At Fidelity Home Group, we are Florida Bridge Loan Experts! We offer more options, more transparency and a simpler way to find the right bridge loan program for your unique situation.
A bridge loan is a short-term financing solution designed to bridge the financial gap between purchasing a new home and selling your current home. In situations where you intend to buy before selling, and thus lack the proceeds from the sale for your new home’s down payment, a financial challenge arises .NMLS ID 1834853 #floridabridgeloans #bridgeloansflorida #flo...
If you have student loans and want to buy a home, you might have questions about how your debt affects your plans. Do you have to wait until you’ve paid off those loans before you can buy your first home? Or is it possible you could still qualify for a home loan even with that debt? Here’s a look at the latest information so you have the answers you need.A Bankrate article explains:“Roughly 60 percent of U.S. adults who have held student loan debt have put off making important financial decisions due to that debt . . . For Gen Z and millennial borrowers alone, that number rises to 70 percent.”This...
One of the wealthiest zip codes in the United States is getting wealthier with a new-record-setting penthouse sale at Six Fisher on the famed Fisher Island in Miami Beach. The project, which gained additional notoreity as being the first new residential development to require an invitation in order to consider a purchase, has sold a combination of upper penthouses for over $150 million, according to Bloomberg.
This ultra-luxurious sale follows a trend that has become prevalent across the coastal region. Miami’s business-friendly climate has attracted an inordinate amount of ultra-high-net-worth...
Florida Mortgage | Outdoor Upgrades To Wow Homebuyers
Want to move, but trying to decide what to tackle before selling? Let’s connect to go over the best ways to spend your time and money. NMLS ID 1834853 #floridarealestate #floridahomebuying
Florida Mortgage | This Spring Is the Sweet Spot for Selling Your House
This spring is the sweet spot for selling your house. Let’s connect to start planning your move. NMLS ID 1834853 #floridahome #floridarealestate #homesellertips
Just five months after the unveiling of their luxurious preview gallery, MAST Capital and Starwood Capital have broken ground on The Perigon Miami Beach, their much-anticipated ultra-luxury beachfront development at 5333 Collins Avenue. The project’s developers gathered on the sand yesterday to toast to their progress and welcome the new elegant development with a handful of elite brokers and clients.
“Breaking ground on The Perigon marks a new era for luxury living on Miami Beach – one that is characterized by sophisticated design and highly curated experiences,” said Camilo Miguel, Jr., CEO...