Are You a Homebuyer Worried About Climate Risks?

Written by Miami Condo Financing Syndicated User on October 6, 2023. Posted in Buying Myths, Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Miami Condo Financing, Miami Condo Mortgages, Move-Up Buyers.

The increasing effects of natural disasters are leading to new obstacles in residential real estate. As a recent article from CoreLogic explains: “As the specter of climate change looms large, the world braces for unprecedented challenges. In the world of real estate, one of those challenges will be the effects of natural catastrophes on property portfolios, homeowners, and communities.” That may be why, according to Zillow, more and more Americans now consider how climate risks and natural disasters can impact their homeownership plans (see below): This study goes on to explain that climate...

Understanding the Benefits of Owning Your First Home

Written by Miami Condo Financing Syndicated User on October 5, 2023. Posted in Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Miami Condo Financing, Miami Condo Mortgages, Move-Up Buyers.

Are you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup:“When asked why they purchased their first home recently, the answer was simple: because they wanted to. Either the desire to stop renting or recognition that homeownership is a smart financial investment was the main motivator for 72% of respondents.”While that survey looked specifically at first-time homebuyers buying newly built homes, the same sentiment is true for just about anyone buying their first...

Home Prices Are Not Falling

Written by Miami Condo Financing Syndicated User on October 4, 2023. Posted in For Sellers, Housing Market Updates, Miami Condo Financing, Miami Condo Mortgages, Pricing, Selling Myths.

During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023. The media ran with those forecasts and put out headlines calling for doom and gloom in the housing market. All of this negative news coverage made a lot of people have doubts about the strength of the residential real estate market.If it made you question if you should delay your own plans to move, here’s what you really need to know.Home Prices Never CrashedDisregard what you saw in the headlines. The actual data shows home prices were remarkably resilient and performed far better...

Latin Music Week Is Here! Read About This…

Written by Miami Condo Financing Syndicated User on October 3, 2023. Posted in Around Town, Brickell, Coconut Grove, Downtown Miami, Latin Music, Miami Condo Financing, Miami Condo Mortgages, Neighborhoods.

My friends, Latin Music Week is here. In most of the world, they probably don’t care much about it but in Miami, Latin Music is life. Buckle up. Hear the reggaeton and embrace the culture…

Unpacking the Long-Term Benefits of Homeownership

Written by Miami Condo Financing Syndicated User on October 3, 2023. Posted in Buying Myths, First Time Home Buyers, For Buyers, Miami Condo Financing, Miami Condo Mortgages, Move-Up Buyers.

If you’re thinking about buying a home soon, higher mortgage rates, rising home prices, and ongoing affordability concerns may make you wonder if it still makes sense to buy a home right now. While those market factors are important, there’s more to consider. You should think about the long-term benefits of homeownership too.Think about 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...

Florida’s Real Estate Market Surpasses New York, Becoming The Second Most Valuable Market In The US

Written by Miami Condo Financing Syndicated User on September 30, 2023. Posted in Market Trends, Miami Condo Financing, Miami Condo Mortgages, New Construction, New York Real Estate, South Florida Real Estate.

The mass exodus from New York to Florida is showing in newly-released market reports conducted by Zillow. Florida has now surpassed New York to take the second place spot..

Explaining Today’s Low Housing Supply [INFOGRAPHIC]

Written by Miami Condo Financing Syndicated User on September 30, 2023. Posted in Housing Market Updates, Infographics, Miami Condo Financing, Miami Condo Mortgages, New Construction.

Some HighlightsWondering why the supply of homes for sale is limited today? There are a few factors at play.Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low.But real estate agents know exactly where to look and what to do to make your dream a reality. Connect with an agent so you have an expert on your side to help you successfully navigate the market and find your next home.

Inside Lisa Hochstein’s New $32,000/Month Rental At One Ocean

Written by Miami Condo Financing Syndicated User on September 29, 2023. Posted in Celebrity Real Estate, Lisa Hochstein, Luxury Condos, Miami Celebrity Real Estate, Miami Condo Financing, Miami Condo Mortgages, Neighborhoods, One Ocean, South of Fifth Condos.

Amid one of the most contentious divorces in recent Miami history, Lisa Hochstein has vacated her lavish 18,000 square foot Star Island abode for a 5,600 square foot Miami Beach condo at One Ocean, just steps from the South Beach sand…

The South Beach Seafood Festival 2023 Is Almost Here!

Written by Miami Condo Financing Syndicated User on September 29, 2023. Posted in Around Town, Miami Condo Financing, Miami Condo Mortgages, Neighborhoods, South Beach Seafood Festival, Things to do.

Miami Beach Seafood Week is quite a big deal, kicking off stone crab season and the South Beach Seafood Festival is just the entry-level celebration to the next season of al fresco events with everyone VIP…

Why Your House Didn’t Sell

Written by Miami Condo Financing Syndicated User on September 29, 2023. Posted in For Sellers, Miami Condo Financing, Miami Condo Mortgages, Selling Myths.

If your listing expired and your house didn’t sell, you’re likely feeling a little frustrated. Not to mention, you’re also probably wondering what went wrong. Here are three questions to think about as you figure out what to do next.Did You Limit Access to Your House?One of the biggest mistakes you can make when selling your house is restricting the days and times when potential buyers can tour it. Being flexible with your schedule is important when you’re selling your house, even though it might feel a bit stressful to drop everything and leave when buyers want to see it. After...

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