What Are the Experts Saying About the Spring Housing Market?

Written by Miami Condo Financing Syndicated User on April 26, 2023. Posted in For Buyers, For Sellers, Housing Market Updates, Interest Rates, Miami Condo Financing, Miami Condo Mortgages, Pricing.

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in your position right now.Here’s what industry experts are saying right now about the spring housing market and what it means for you:Selma Hepp, Chief Economist, CoreLogic:“We see more competition among buyers . . . Housing supply also tends to grow during the spring months. And this is also the time of year when...

The Power of Pre-Approval

Written by Miami Condo Financing Syndicated User on April 25, 2023. Posted in First Time Home Buyers, For Buyers, Miami Condo Financing, Miami Condo Mortgages, Move-Up Buyers.

If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right house and act quickly when you go to put in an offer. One thing you can do to help you prepare is to get pre-approved.To understand why it’s such an important step, you need to know what pre-approval is. As part of the process, a lender looks at your finances to determine what they’d be willing to loan you. From there,...

A Glimpse Inside Residence 5 At The Links Estates At Fisher Island

Written by Miami Condo Financing Syndicated User on April 22, 2023. Posted in Design & Architecture, Fisher Island Homes, Fisher Island New Construction, Miami Condo Financing, Miami Condo Mortgages, Miami Custom Homes, New Construction, Renderings, The Links Estates.

The Links Estates at Fisher Island Villa 5 is offered for $38 million, with over 10,000 square feet, an elevated infinity pool overlooking Flamingo Point and the 6th hole of the Fisher Island Golf Course…

Why You May Want an Energy-Efficient Home [INFOGRAPHIC]

Written by Miami Condo Financing Syndicated User on April 22, 2023. Posted in First Time Home Buyers, For Buyers, Infographics, Miami Condo Financing, Miami Condo Mortgages, Move-Up Buyers.

Some HighlightsSince inflation is increasing the cost of goods and services, it may make sense to look for an energy-efficient home.Energy prices have increased over the last year, so look for energy-efficient features in your home search.If you’re looking to buy a home this year, work with a real estate expert so you have a partner to help you consider which features are most important to you.

The Links Estates at Fisher Island Bring Single Family Homes To The Private Island

Written by Miami Condo Financing Syndicated User on April 21, 2023. Posted in Fisher Island Homes, Luxury Homes, Miami Condo Financing, Miami Condo Mortgages, New Construction, Renderings, The Links Estates.

The only thing that has been missing from Miami Beach’s ultra-luxury Fisher Island is custom-built homes… until now. Introducing The Links Estates at Fisher Island, an exclusive enclave of single-family residences situated along the Fisher Island Golf Course. Residence 5 boasts…

What’s the Difference Between a Home Inspection and an Appraisal?

Written by Miami Condo Financing Syndicated User on April 21, 2023. Posted in For Buyers, Miami Condo Financing, Miami Condo Mortgages.

If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step in the process from an appraisal, which is a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. Here’s the breakdown of each one and why they’re both important when buying a home.Home InspectionHere’s the key difference between an inspection...

St Regis Sunny Isles Prepares For Groundbreaking With $750 Million In Reservations

Written by Miami Condo Financing Syndicated User on April 20, 2023. Posted in Luxury Condos, Miami Condo Financing, Miami Condo Mortgages, New Construction, Renderings, St Regis Sunny Isles, Sunny Isles Beach Condos.

Miami luxury real estate remains at the top of everyone’s wish list. The St. Regis Residences, Sunny Isles Beach was conceived and developed to not only accommodate this desire, but to create an unparalleled lifestyle in one of the most rare oceanfront addresses in Florida…

Falling out of Love with Your House? It May Be Time To Move.

Written by Miami Condo Financing Syndicated User on April 20, 2023. Posted in For Sellers, Miami Condo Financing, Miami Condo Mortgages.

Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to make a move.According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), the average person has lived in their current house for ten years. If you’ve been in your home for a while, think about how much in your life has changed since you moved in. Even if you thought it would be your forever home when you bought it,...

5 Reasons Millennials Are Buying Homes

Written by Miami Condo Financing Syndicated User on April 19, 2023. Posted in Demographics, First Time Home Buyers, For Buyers, Miami Condo Financing, Miami Condo Mortgages, Millennials.

In the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they aren’t already. But why? There are plenty of reasons you may choose to become a homeowner. Here’s why other millennials have made that decision (see graph below):This graph shows why millennials are buying homes according to Zonda’s 6th annual millennial survey. The top reasons include building equity, a change in life stage, wanting stability, rising home...

Think Twice Before Waiting for Lower Home Prices

Written by Miami Condo Financing Syndicated User on April 18, 2023. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Miami Condo Financing, Miami Condo Mortgages, Millennials, Move-Up Buyers, Pricing.

As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. As a result, you may be holding off on buying a home until prices drop significantly. But that’s not the best strategy.A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data...

Category: Miami Condo Mortgages