Category: Miami Condo Mortgages

At Fidelity Home Group, we are Miami Condo Mortgage 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.

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

Written by Miami Condo Financing Syndicated User on October 27, 2022. Posted in For Buyers, For Sellers, Foreclosures, Housing Market Updates, Miami Condo Financing, Miami Condo Mortgages, Pricing.

With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news is, there’s concrete data to show why this is nothing like the last time. There’s Still a Shortage of Homes on the Market Today, Not a Surplus For historical context, there were too many homes for sale during the housing crisis (many of which were short sales and foreclosures), and that caused prices to fall dramatically....

What Happens to Housing when There’s a Recession?

Written by Miami Condo Financing Syndicated User on October 26, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Interest Rates, Miami Condo Financing, Miami Condo Mortgages.

Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022 CEO Outlook from KPMG says: “Global CEOs see a ‘mild and short’ recession, yet optimistic about global economy over 3-year horizon . . . More than 8 out of 10 anticipate a recession over the next 12 months, with more than half expecting it to be mild and short.” To add...

Pre-Approval Is a Critical First Step on Your Homebuying Journey

Written by Miami Condo Financing Syndicated User on October 25, 2022. Posted in First Time Home Buyers, For Buyers, Miami Condo Financing, Miami Condo Mortgages, Move-Up Buyers.

If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is Pre-Approval? To better understand why pre-approval is key, it’s important to know what pre-approval is. The Mortgage Reports explains it like this: “When you’re ready to take the leap into homeownership, your first step is mortgage preapproval. . . . A mortgage preapproval is when a lender determines you’re...

Waldorf Astoria Miami Residences Announces Groundbreaking Date

Written by Miami Condo Financing Syndicated User on October 22, 2022. Posted in Design & Architecture, Downtown Miami Luxury Condos, International Real Estate, Luxury Condos, Miami Condo Financing, Miami Condo Mortgages, Neighborhoods, New Construction, PMG, Renderings, Waldorf Astoria, Waldorf Astoria Miami, Waldorf Astoria Residences.

After a slight delay due to weather, Property Markets Group (PMG) has announced the official groundbreaking date for their spectacular new tower in Downtown Miami, the 100-story Waldorf Astoria Miami Residences. On…

10th Annual South Beach Seafood Festival Is This Weekend!

Written by Miami Condo Financing Syndicated User on October 22, 2022. Posted in Around Town, Miami Condo Financing, Miami Condo Mortgages, Miami festivals, South Beach Seafood Festival, stone crab season, What to do in Miami, What to do in South Beach.

Polish your palates, Miami area foodies! The swanky South Beach Seafood Festival is back this weekend, this year being the 10th year anniversary of the weekend of taste-testing and sipping…

3 Questions You May Be Asking About Selling Your House Today [INFOGRAPHIC]

Written by Miami Condo Financing Syndicated User on October 22, 2022. Posted in For Sellers, Housing Market Updates, Infographics, Miami Condo Financing, Miami Condo Mortgages.

Some Highlights If you’re planning to sell your house this year, you likely have questions about what the shift in the housing market means for your home sale. You might be wondering: Should I wait to sell? Are buyers still out there? And can I afford to buy my next home? Let’s connect so you can get answers to these questions and learn about the opportunities you still have in today’s housing market. Content previously posted on Keeping Current Matters

What’s Ahead for Home Prices?

Written by Miami Condo Financing Syndicated User on October 21, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Miami Condo Financing, Miami Condo Mortgages, Pricing.

As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing appreciation. But what’s true? What’s most likely to happen moving forward? While opinions differ, the most likely outcome is we’ll fall somewhere in the middle of slight appreciation and slight depreciation. Here’s a look at the latest expert projections so you have the best information possible...

Should You Still Buy a Home with the Latest News About Inflation?

Written by Miami Condo Financing Syndicated User on October 20, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Miami Condo Financing, Miami Condo Mortgages, Move-Up Buyers, Rent vs. Buy.

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life as you watch the cost of goods and services climb. The pinch it’s creating on your wallet and the looming economic uncertainty may leave you wondering: “should I still buy a home right now?” If that question is top of mind for you, here’s what you need to know. Homeownership Is Historically a...

The Latest on Supply and Demand in Housing

Written by Miami Condo Financing Syndicated User on October 19, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Miami Condo Financing, Miami Condo Mortgages, Move-Up Buyers.

Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the story of just how different things are today. This year, buyer demand has eased as higher mortgage rates and mounting economic uncertainty moderated the market. This slowdown in demand is clear when you look at the red bar on the graph. It uses the latest data from ShowingTime to illustrate how showings (an indicator of buyer...

The Emotional and Non-financial Benefits of Homeownership

Written by Miami Condo Financing Syndicated User on October 18, 2022. Posted in First Time Home Buyers, For Buyers, Miami Condo Financing, Miami Condo Mortgages, Move-Up Buyers, Rent vs. Buy.

With higher mortgage rates, you might be wondering if now’s the best time to buy a home. While the financial aspects are important to consider, there are also powerful non-financial reasons it may make sense to make a move. Here are just a few of the benefits that come with homeownership. Homeowners Can Make Their Home Truly Their Own Owning your home gives you a significant sense of accomplishment because it’s a space you can customize to your heart’s desire. That can bring you added happiness. In fact, a report from the National Association of Realtors (NAR) shows making updates or...