As the piles are being driven into the ground on Coconut Grove’s Grove Isle in preparation for the foundation of Vita at Grove Isle, developer Ugo Colombo sits down with Haute Residence to discuss…
You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it. Every month, the Mortgage Bankers Association (MBA) releases the Mortgage Credit Availability Index (MCAI). According to their website:“The MCAI provides the only standardized quantitative index that is solely focused on mortgage credit. The MCAI is . . . a summary measure which indicates the availability of mortgage credit at a point in...
Each year, RealTrends + Tom Ferry ranks the top real estate professionals from across America in their Best Real Estate Professionals list. This year, I am very proud to announce that The Light Group has been recognized…
Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession 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 think about the long-term benefits of homeownership when making 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 home values grow with time and how, by extension, that grows your...
What kid doesn’t love a train ride? But South Florida adds a little panache with The Brightline, going from Miami to Orlando in comfort and style. There are also a few stops along the way where you can make so many day trips out of a train ride that never gets old…
Selling your house is no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you’re currently considering selling your house on your own, here’s what you should know.The most recent Profile of Home Buyers and Sellers from the National Association of Realtors (NAR) surveyed homeowners who’d recently sold their own homes and asked what difficulties they faced. Those sellers say some of the greatest challenges were prepping their home for sale,...
Leading up to their expected groundbreaking this summer, EDITION Miami Residences in Edgewater invited a handful of select brokers to a private dinner preview. The dinner was hosted at Klaw Miami…
What a fun and talented lineup in an amazing location! If you go, you will want to RSVP, especially this weekend. But with an RSVP you get a free cocktail all weekend and some of us like to be the first to try. See you there…
Some HighlightsWondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady.Rents typically increase with inflation. Maybe that’s why, according to a recent survey, 65.1% of landlords say they plan to raise the rent of at least one of their properties within the next 12 months.Especially when inflation is up, having a stable housing payment can be helpful. Connect with a local real estate agent so you can learn more and start your journey to owning a home today.