Tag: #miamimortgagebroker
The number of homes for sale is playing a big role in today’s housing market. And, if you’re considering whether or not to list your house, today’s limited supply is one of the biggest advantages you have right now. That’s because your house stands out more when the inventory is low, especially if it’s priced right.But the supply of homes for sale is growing. According to the latest data from Realtor.com, new listings (homeowners who just put their house up for sale) are trending up (see graph below): This graph shows more homeowners are putting that sale sign up in their yards compared to...
Now’s a Great Time To Sell Your House
Thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your own changing needs to figure out your next move.Here’s something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondents who say it’s a good time to sell is on the rise (see graph below):Why Are Sellers Feeling so Optimistic?One reason why is because right now is traditionally the best time of year to sell a house. A recent article from Bankrate says:“Late spring and early summer are generally considered the best...
The Michelin Guide Extends Its Honors To Hotels – These Miami Properties Are The First Recipients
Long renowned for its’ luxury travel tips, The Michelin Guide has expanded its’ ratings from the coveted Michelin Stars for restaurants to add Michelin Keys for hotel and resort properties. 2024 is the debut year for the Michelin Key Hotels honors and unsurprisingly, Miami is well-represented on the list.
In order to receive a distinction, the hotel property must be far more than an overnight lodging. These properties are highly curated and inspired offerings that significantly add to the traveler’s experience through five categories: architecture and interior design, quality and...
Swire Offers The Residences At Mandarin Oriental, Miami Penthouse For $100 Million
Brickell Key’s crown jewel development is offering a glimpse into their crown jewel residence. The Residences at Mandarin Oriental, Miami has released two renderings and a few details on their jaw-dropping upper penthouse that is now offered for a reported $100 million.
The centi-million price tag of the Mandarin’s penthouse is not simply a reflection of the current state of Miami’s luxury real estate market. The Residences at Mandarin Oriental, Miami is the culmination of over four decades of development on the tiny residential island. It will rise on the last available waterfront lot and...
Equity Can Make Your Move Possible When Affordability Is Tight [INFOGRAPHIC]
Some HighlightsDid you know the equity you have in your current house can help make your move possible?Once you sell, you can use it for a larger down payment on your next home, so you’re borrowing less. Or, you may even have enough to be an all-cash buyer. The typical homeowner has $298,000 in equity. If you want to find out how much you have, connect with a local real estate agent for a Professional Equity Assessment Report.
The Four Seasons Private Residences, Coconut Grove Officially Launches | First Renderings
A world-class team has converged in Coconut Grove, set to bring an iconic standalone residential offering to Miami’s historic Coconut Grove. The Four Seasons Private Residences, Coconut Grove has officially launched, with the development team of Fort Partners and CMC Group releasing the first official renderings and details.
Four Seasons Residences Private Residences Coconut Grove’s Development Team
The project is spearheaded by a partnership between Miami’s CMC Group and Fort Partners, two of the most prolific Florida development companies.
CMC Group is led by Ugo Colombo, whose mark is...
Is a Multi-Generational Home Right for You?
Ever thought about living in the same house with your grandparents, parents, or other loved ones? You’re not alone. A lot of people are choosing to buy multi-generational homes where everyone can live together. Let’s check out why they think it’s a good idea to see if it might be a good fit for you, too.Why People Are Choosing Multi-Generational LivingAccording to the National Association of Realtors (NAR), here are just a few key reasons buyers opted for multi-generational homes over the past year (see graph below): Two of the top reasons had to do with aging parents. 27% of...
Foreclosure Numbers Are Nothing Like the 2008 Crash
If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up. And that may leave you feeling a bit worried about what’s ahead, especially if you owned a home during the housing crash in 2008.The reality is, while increasing, the data shows a foreclosure crisis is not where the market is headed.Here’s the latest information stacked against the historical data to put your mind at ease.The Headlines Make the Increase Sound Dramatic – But It’s NotThe increase the media is calling attention to is...
The Best Way To Keep Track of Mortgage Rate Trends
If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind. You’ve heard about how they impact how much you can afford in your monthly mortgage payment, and you want to make sure you’re factoring that in as you plan your move.The problem is, with all the headlines in the news about rates lately, it can be a bit overwhelming to sort through. Here’s a quick rundown of what you really need to know.The Latest on Mortgage RatesRates have been volatile – that means they’re bouncing around a bit. And, you may be wondering, why? The answer is complicated because...
What You Really Need To Know About Home Prices
According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you’re one of the people worried about that, here’s what you need to know.A lot of that fear is probably coming from what you’re hearing in the media or reading online. But here’s the thing to remember. Negative news sells. That means, you may not be getting the full picture. You may only be getting the clickbait version. As Jay Thompson, a Real Estate Industry Consultant, explains:“Housing market headlines are everywhere. Many are quite sensational, ending with exclamation...