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Tag: #miamimortgagebroker

Real Estate Voted the Best Investment Eight Years in a Row

In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below): If you’re thinking about purchasing a home this year, this poll should reassure you. Even when inflation is rising like it is today, Americans agree an investment like real estate truly shines. Why Is Real Estate a Great Investment During Times of High Inflation? With inflation reaching its highest...

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The Coconut Grove Arts Festival is Back and Better Than Ever!

On a perfect Miami weekend with perfect weather and a beautiful backdrop of the Biscayne Bay and glittering towers of Coconut Grove, the 58th Annual Coconut Grove Arts Festival is in full effect. Have a look at the festivities that are available to you until tomorrow afternoon…

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Arte in Surfside Residences: Surf’s Up After Record-Breaking January! Only 1 Condo Remains

After a whirlwind month of record-breaking sales, have a look at the last available residence in the ultra-exclusive and ultra-private Miami building where Jared Kushner & Ivanka Trump reposed after their exodus to the Sunshine State. You won’t be disappointed…

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2022 Coconut Grove Real Estate Values | A Look Back at the 2021 Numbers

The overall market in South Florida exploded in 2021 due to an enormous influx of buyers from New York, Chicago and L.A. because of our favorable tax rates and triggered by Covid. As a result, the Coconut Grove real estate market shattered every metric ever tabulated in 2021…

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What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]

Some Highlights There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home. Buyers are motivated to beat rising mortgage rates, and many want to escape rising rents. There’s also additional demand from millennials who are reaching peak homebuying age. If you’re thinking about selling your house, today’s demand is great news. Let’s connect to begin the process of listing your house while buyers are ready to purchase. Content previously posted on Keeping Current Matters

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4 Simple Graphs Showing Why This Is Not a Housing Bubble

A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the housing crash 15 years ago. Here are four key reasons why today is nothing like the last time. 1. Houses Are Not Unaffordable Like They Were During the Housing Boom The affordability formula has three components: the price of the home, wages earned by the purchaser, and the mortgage rate available at the time. Conventional lending...

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The Estates at Acqualina South Tower is Sold Out! North Tower Selling Remaining Residences.

The exceedingly opulent Estates at Acqualina has passed a major milestone. The 50-story south tower of the dual high rise development has officially sold all of its apartments. The north tower has a few residences remaining as construction starts to wrap up. Delivery is expected in the summer of this year…

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More People Are Planning To Buy a Home Soon

While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are entering the market or moving their plans up so they can make their purchases as soon as possible. The most recent Consumer Confidence Survey finds that, of those surveyed, the percentage of people planning to buy over the next six months has increased substantially since last fall (see graph below): As the graph shows, the number of consumers...

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Richard Caring Multiplies the Sexiness of Miami with his First Location of Sexy Fish in the US

As if we needed the help, Richard Caring has made Miami a sexier place. The first international outpost of his uber-exclusive and famous sushi restaurant in London has been opened in Brickell. When you come, be sure to have reservations and come prepared, as it is an all-encompassing experience…

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What Every Seller Needs To Know About Renovating This Year

If you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers. It’s crucial to work with a trusted real estate professional who knows your local market to get your home ready to sell. But there are a few things you should consider when deciding what to renovate and update before listing this season. Here are three things to keep top of mind as you’re making your list of projects to tackle this year. 1. The Number of Homes for Sale Is Very Low Housing inventory sits far below what is normally considered a...

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