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Category: Miami Condo Financing

At Fidelity Home Group, we are Miami Condo Financing Experts We offer more options, more transparency and a simpler way to find the right mortgage program for your unique situation.

Miami, officially the City of Miami, is a coastal metropolis located in Miami-Dade County in southeastern Florida, United States. With a population of 467,963 as of the 2020 census, it is the 44th-largest city in the United States and the core of the nation’s eighth-largest metropolitan area.

The Ritz Carlton Residences South Beach Contributes To Historical Transformation Of Morris Lapidus’ Lincoln Road Beachwalk Entrance

The developers of the new Ritz Carlton Residences South Beach are teaming up with the City of Miami Beach to bring Morris Lapidus’ vision of the Lincoln Road beachwalk to fruition. Utilizing a $4.85 million grant from the state of Florida and contributions from the developers and the City of Miami Beach, locals will soon enjoy a new street redesign with an Art Walk, beachwalk beautification and general pedestrian-friendly redesign all the way from the sand to Washington Avenue. Rendering of Ritz Carlton Residences South Beach Beachwalk For those who are new to Miami Beach, Morris Lapidus is...

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What’s the Latest with Mortgage Rates?

Recent headlines may leave you wondering what’s next for mortgage rates. Maybe you’d previously heard there were going to be cuts this year that would bring rates down. That refers to the Federal Reserve (the Fed) and what they do to their Fed Funds Rate. While cutting, or lowering, the Fed Funds Rate doesn’t directly determine mortgage rates, it does tend to impact them. But when the Fed met last week, a cut didn’t happen — at least, not yet. There are a lot of factors the Fed considered in their recent decision and most of them are complex. But you don’t need to be bogged down by those finer...

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What Every Homebuyer Should Know About Closing Costs

Before making the decision to buy a home, it’s important to plan for all the costs you’ll be responsible for. While you’re busy saving for the down payment, don’t forget you’ll want to prep for closing costs too.Here’s some helpful information on what those costs are and how much you should budget for them.What Are Closing Costs?A recent article from Bankrate explains:“Closing costs are the fees and expenses you must pay before becoming the legal owner of a house, condo or townhome . . . Closing costs vary depending on the purchase price of the home and how it’s being financed...

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Major Price Improvement | 4-Bed/4.5-Bath Waterfront Condo at Elysee with Sweeping Views

Major price improvement on an amazing opportunity for an exquisite condo at Elysee featuring panoramic ocean and Miami Beach skyline views! Offered at $5,275,000, Unit 4602 at Elysee features a private elevator and foyer that leads you into this bespoke flow-through unit offering nearly 4,000 sf of indoor living that seamlessly connects a private sunrise terrace to the east and an expansive sunset terrace to the west. The sunrise terrace features sweeping water views, while the sunset terrace offers a beautiful view of the vibrant Miami Beach skyline. This luxury condo boasts 4 bedrooms, 4.5...

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A Sneak Peek Inside Michael Shvo’s The Raleigh Rosewood Residences

Rendering of The Raleigh Miami Beach | Image Credit: DBOX for SHVO The iconic Raleigh in Miami Beach is having a renaissance at the hands of famed developer Michael Shvo and award-winning architect Peter Marino. Always a visionary, Mr. Shvo has undertaken a full restoration of the famed 60-suite boutique hotel and private member’s club, adding a modern 17-story residential tower at 1775 Collins Avenue on Miami Beach. In order to bring this vision to fruition, Shvo has tapped Peter Marino to oversee the design of the tower with the highest of expectations. “There is only one architect in the...

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3 Helpful Tips for First-Time Homebuyers [INFOGRAPHIC]

Some HighlightsTrying to buy your first home? If you’re worried about affordability today or the limited number of homes for sale, these tips can help.Look into homebuyer programs, expand your search area, and consider a multi-generational home.Connect with a local real estate agent so you have an expert on your side to help you make your dream a reality.

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Construction Update On CMC Group’s Vita At Grove Isle In Coconut Grove

One year has passed since Ugo Colombo’s CMC Group broke ground on Vita at Grove Isle and everything is moving along as scheduled. The seven-story boutique condominium has now surpassed the halfway mark of their 2-year build schedule and is nearing top-off. Located on the Northern pointe of Coconut Grove’s 20-acre private island named Grove Isle, the seven-story project is deceiving in that the curved structure is actually three separate buildings that are joined. This allows for the curved exterior to maximize the view for each of the 65 private residences. In January of 2024, CMC Group was...

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The Residences at Mandarin Oriental, Miami Releases New Renderings And Details

Although the sales of The Residences at Mandarin Oriental, Miami have not officially launched, the developers have revealed a handful of new renderings for the project with the unveiling of the luxurious preview lounge. The exclusive preview lounge offers an early glimpse into the development that will be located on the southern pointe of Brickell Key. About Pre-Sales and Previews This new preview gallery marks the first official preview of the new Mandarin Oriental-branded development, which was announced in the summer of 2023 and quietly began taking reservations in late 2023. This quiet pre-sale...

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What Are Experts Saying About the Spring Housing Market?

If you’re planning to move soon, you might be wondering if there’ll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here’s what the professionals are saying about what’s in store for this season.Odeta Kushi, Deputy Chief Economist, First American:“. . . it seems our general expectation for the spring is that we will see a pickup in inventory. In fact, that already seems to be happening. But it won’t necessarily be enough to satiate demand.”Lisa Sturtevant, Chief Economist, Bright MLS:“There is still strong demand,...

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Does It Make Sense To Buy a Home Right Now?

Thinking about buying a home? If so, you’re probably wondering: should I buy now or wait? Nobody can make that decision for you, but here’s some information that can help you decide.What’s Next for Home Prices?Each quarter, Fannie Mae and Pulsenomics publish the results of the Home Price Expectations Survey (HPES). It asks more than 100 experts—economists, real estate professionals, and investment and market strategists—what they think will happen with home prices.In the latest survey, those experts say home prices are going to keep going up for the next five years (see graph below): Here’s...

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