If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the many who are now discovering you’ve outgrown your home.
If that’s the case, you’re not alone. The past two years brought about significant changes for many people, and today, homeowners are reevaluating what they truly need in a home. As a recent report from the Wall Street Journal...
The Standard is known around the world for its quirky yet chic brand image, offering a fun & comfortable vibe that is rich in culture, and what better area in Miami would be available than Midtown? The proximity to nightlife, high end shopping, everyday living, art galleries & everything else that Miami offers is key…
No expense has been spared in the 12,000 square foot sales gallery. Over $10 million has been spent on the oceanfront buildout. The gallery will house a 6,000 sf model apartment, theater, broker’s lounge with champagne and Macallan whiskey flowing and an immersive Bentley Brand room…
Some Highlights
If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home.
As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of your loan.
If you’re weighing your options, remember that owning a home is a decision that has considerable financial perks. If you want to learn more, let’s connect to talk about the perks of homeownership.
Content previously posted on Keeping Current Matters
Related Group and Alta Developers are celebrating the reservation of 20% of their 312 residences at Casa Bella by B&B Italia in Downtown Miami’s Arts’ and Entertainment District. This amounts to over $80 million in reservations. See inside this exquisite project and take advantage of early pricing incentives…
Almost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing supply.
Purchaser demand is very strong right now. The National Association of Realtors (NAR) just released their latest Existing Home Sales Report which reveals that sales surged in January. Existing home sales rose to a seasonally adjusted annual rate of 6.5 million – an increase of 6.7% from the prior month, with sales up in all regions. However, there’s one big challenge.
Inventory Is at an All-Time Low
Because...
In today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the concept of supply and demand, this means home prices will naturally rise. Why is that? When there are more people trying to buy an item than there are making that item available for sale, that drives prices up. And that’s exactly the case in today’s housing market. So, knowing what’s happening with the inventory of homes for sale and the demand for housing is crucial for today’s buyers and sellers.
Nationally, Demand Is High and Supply Is Very Low
The latest buyer and...
Many things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more than one home. According to the recent Luxury Market Report from Luxury Home Marketing:
“As trends such as remote working and flexi-hours took hold in 2021, so too did the flexibility of relocating as well as the growth of second homeownership.”
This may be because the pandemic has altered how we think about our homes. Where we live has become, more than ever, our safe space and our getaway. And with the rise in remote work, more people are reconsidering...
After years of litigation, everything has finally been settled and the project is officially moving forward. The difference is, Ugo Columbo, arguably one of the “finest finishes” developers in Miami, has taken over and will be developing the project, now called Vita at Grove Isle…
Florida Mortgage | Why Acting Strategically as a Seller Is Your Best Play
Are you thinking of selling your house? Let’s connect so you can perfect your strategy and make a winning play this year. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany