The Journey To Buy a Home [INFOGRAPHIC]

Written by Miami Condo Financing Syndicated User on October 8, 2022. Posted in First Time Home Buyers, For Buyers, Infographics, Miami Condo Financing, Miami Condo Mortgages, Move-Up Buyers.

Some Highlights When you head out to buy a home, there are a number of key milestones you’ll encounter along the way. The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more. Your journey starts here. Let’s connect so you have expert guidance each step of the way. Content previously posted on Keeping Current Matters

Two Questions Every Homebuyer Should Ask Themselves Right Now

Written by Miami Condo Financing Syndicated User on October 7, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Miami Condo Financing, Miami Condo Mortgages, Move-Up Buyers, Pricing.

Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But this rise in borrowing cost shows no signs of letting up soon. Economic uncertainty and the volatility of the financial markets are causing mortgage rates to rise. George Ratiu, Senior Economist and Manager of Economic Research at realtor.com, says this: “While even two months ago rates above 7% may have...

Florida Mortgage | Condos Are a Great Entryway to Homeownership

Written by Miami Condo Financing Syndicated User on October 7, 2022. Posted in Miami Condo Financing, Miami Condo Mortgages.

Condos Are a Great Entryway to Homeownership | If you’re looking to buy your first home, you may want to consider condos. Let us help you explore your options. NMLS ID 1834853 #floridacondos#floridacondotels #floridacondomortgage #floridacondofinancing

The Long-Term Benefit of Homeownership

Written by Miami Condo Financing Syndicated User on October 6, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Miami Condo Financing, Miami Condo Mortgages, Move-Up Buyers, Pricing.

Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into your decision. Consider this: if you know people who bought a home 5, 10, or even 30 years ago, you’re probably going to have a hard time finding someone who regrets their decision. Why is that? The reason is tied to how you gain equity and wealth as home values grow with time. The National Association of...

The Cost of Waiting for Mortgage Rates To Go Down

Written by Miami Condo Financing Syndicated User on October 5, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Miami Condo Financing, Miami Condo Mortgages, Move-Up Buyers.

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, they impact your purchasing power by raising the cost of buying a home and limiting how much you can comfortably afford. Here’s how it works. Let’s assume you want to buy a $400,000 home (the median-priced home according to the National Association of Realtors is $389,500)....

JUST SOLD: Combined Penthouses at The Ritz-Carlton Residences Miami Beach

Written by Miami Condo Financing Syndicated User on October 4, 2022. Posted in Design & Architecture, Just Sold, Luxury Condos, Miami Condo Financing, Miami Condo Mortgages, New Construction, Penthouses, Ritz Carlton Residences Miami Beach.

We closed the sale of a rare combined penthouse at The Ritz-Carlton Residences Miami Beach to an undisclosed client for $15 million. We are so happy to see this deal come to fruition after more than a year of planning, designing and building out the custom-designed double penthouse that was originally designed as 2 separate…

How To Prep Your House for Sale This Fall

Written by Miami Condo Financing Syndicated User on October 4, 2022. Posted in For Sellers, FSBOs, Miami Condo Financing, Miami Condo Mortgages, Selling Myths.

Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently as a result. The answer is simple. Taking the time upfront to prep your house appropriately and create a solid plan can help bring in the greatest return on your investment. Here are a few simple tips to make sure you maximize the sale of your house this fall. 1. Price It Right One of the first things buyers will notice is the price of your house. That’s because the price sends a message to home shoppers. Pricing...

Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

Written by Miami Condo Financing Syndicated User on October 1, 2022. Posted in First Time Home Buyers, For Buyers, Infographics, Miami Condo Financing, Miami Condo Mortgages, Rent vs. Buy.

Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options. Content previously posted on Keeping Current Matters

If You’re Thinking of Selling Your House This Fall, Hire a Pro

Written by Miami Condo Financing Syndicated User on September 30, 2022. Posted in For Sellers, FSBOs, Miami Condo Financing, Miami Condo Mortgages, Selling Myths.

Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house. Here are five key reasons why working with a real estate professional makes sense today. 1. A Professional Follows the Latest Market Trends With higher mortgage rates and moderating buyer demand, conditions are changing and staying on top of the latest market information is crucial...

Why You Should Consider Condos as Part of Your Home Search

Written by Miami Condo Financing Syndicated User on September 29, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Miami Condo Financing, Miami Condo Mortgages.

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search. The inventory of homes for sale has increased this year, and that’s giving buyers much needed options. As Danielle Hale, Chief Economist at realtor.com, says: “. . . today’s shoppers have more than 5 homes to consider for every 4 they had at this time a year ago.” But perspective is important. Overall, housing...

Category: Miami Condo Financing