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Tag: #miamimortgagebroker

The Perks of Owning More Than One Home

Many things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more than one home. According to the recent Luxury Market Report from Luxury Home Marketing: “As trends such as remote working and flexi-hours took hold in 2021, so too did the flexibility of relocating as well as the growth of second homeownership.” This may be because the pandemic has altered how we think about our homes. Where we live has become, more than ever, our safe space and our getaway. And with the rise in remote work, more people are reconsidering where...

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Real Estate Voted the Best Investment Eight Years in a Row

In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below): If you’re thinking about purchasing a home this year, this poll should reassure you. Even when inflation is rising like it is today, Americans agree an investment like real estate truly shines. Why Is Real Estate a Great Investment During Times of High Inflation? With inflation reaching its highest level...

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The Coconut Grove Arts Festival is Back and Better Than Ever!

On a perfect Miami weekend with perfect weather and a beautiful backdrop of the Biscayne Bay and glittering towers of Coconut Grove, the 58th Annual Coconut Grove Arts Festival is in full effect. Have a look at the festivities that are available to you until tomorrow afternoon…

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Arte in Surfside Residences: Surf’s Up After Record-Breaking January! Only 1 Condo Remains

After a whirlwind month of record-breaking sales, have a look at the last available residence in the ultra-exclusive and ultra-private Miami building where Jared Kushner & Ivanka Trump reposed after their exodus to the Sunshine State. You won’t be disappointed…

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2022 Coconut Grove Real Estate Values | A Look Back at the 2021 Numbers

The overall market in South Florida exploded in 2021 due to an enormous influx of buyers from New York, Chicago and L.A. because of our favorable tax rates and triggered by Covid. As a result, the Coconut Grove real estate market shattered every metric ever tabulated in 2021…

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What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]

Some Highlights There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home. Buyers are motivated to beat rising mortgage rates, and many want to escape rising rents. There’s also additional demand from millennials who are reaching peak homebuying age. If you’re thinking about selling your house, today’s demand is great news. Let’s connect to begin the process of listing your house while buyers are ready to purchase. Content previously posted on Keeping Current Matters

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4 Simple Graphs Showing Why This Is Not a Housing Bubble

A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the housing crash 15 years ago. Here are four key reasons why today is nothing like the last time. 1. Houses Are Not Unaffordable Like They Were During the Housing Boom The affordability formula has three components: the price of the home, wages earned by the purchaser, and the mortgage rate available at the time. Conventional lending...

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The Estates at Acqualina South Tower is Sold Out! North Tower Selling Remaining Residences.

The exceedingly opulent Estates at Acqualina has passed a major milestone. The 50-story south tower of the dual high rise development has officially sold all of its apartments. The north tower has a few residences remaining as construction starts to wrap up. Delivery is expected in the summer of this year…

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More People Are Planning To Buy a Home Soon

While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are entering the market or moving their plans up so they can make their purchases as soon as possible. The most recent Consumer Confidence Survey finds that, of those surveyed, the percentage of people planning to buy over the next six months has increased substantially since last fall (see graph below): As the graph shows, the number of consumers fast-tracking...

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