JUST LISTED | Oceanfront 3-Bed, 3.5-Bath Condo Offered at $2.795M

Written by Miami Beach Mortgage Syndicated User on February 3, 2024. Posted in Just Listed, Luxury Condos, Luxury Listings, Miami Beach Mortgage, Mortgage Miami Beach, Sunny Isles Beach Condos, Trump Palace.

We are happy to announce our newest oceanfront listing, residence 3604 at Trump Palace in Sunny Isles Beach offered at $2,795,000. Unit 3604 at Trump Palace in Sunny Isles Beach is beautiful beachfront flow-through unit featuring two separate balconies boasting panoramic ocean views to the southeast and direct intracoastal views to the northwest. A private elevator leads you into 2,167 square feet of interior living with marble flooring throughout, 3 bedrooms, 3 ensuite bathrooms, spacious living room, dining room, eat-in kitchen with Gaggenau/Sub-Zero/Bosch appliances, powder room and laundry...

There’s No Foreclosure Wave in Sight [INFOGRAPHIC]

Written by Miami Beach Mortgage Syndicated User on February 3, 2024. Posted in Foreclosures, Infographics, Miami Beach Mortgage, Mortgage Miami Beach.

Some HighlightsHeadlines saying foreclosures are rising might make you feel uneasy. But the truth is, there’s no need to worry.If you look at the latest numbers, they’re still below pre-pandemic norms and way below what happened during the crash.If you’re worried about a flood of foreclosures, the data shows a foreclosure crisis is not where the market is today and is not where it’s headed.

Don’t Wait Until Spring To Sell Your House

Written by Miami Beach Mortgage Syndicated User on February 2, 2024. Posted in For Sellers, Interest Rates, Miami Beach Mortgage, Mortgage Miami Beach.

As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, you don’t actually need to wait until spring to sell. Here’s why.1. Take Advantage of Lower Mortgage RatesLast October, the 30-year fixed mortgage rates peaked at 7.79%. In January, they hit their lowest level since May. That means you may not feel as locked-in to your current mortgage rate right now. That downward trend in rates has made moving more affordable now than it was just a few months ago.Another reason today’s...

Florida Mortgage | Mortgage Applications Are Surging as Rates Fall

Written by Miami Beach Mortgage Syndicated User on February 2, 2024. Posted in Miami Beach Mortgage, Mortgage Miami Beach.

Florida Mortgage | Mortgage Applications Are Surging as Rates Fall NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagerates #mortgage

Foreclosure Activity Is Still Lower than the Norm

Written by Miami Beach Mortgage Syndicated User on February 1, 2024. Posted in Foreclosures, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach.

Have you seen headlines talking about the increase in foreclosures in today’s housing market? If so, they may leave you feeling a bit uneasy about what’s ahead. But remember, these clickbait titles don’t always give you the full story.The truth is, if you compare the current numbers with what usually happens in the market, you’ll see there’s no need to worry.Putting the Headlines into PerspectiveThe increase the media is calling attention to is misleading. That’s because they’re only comparing the most recent numbers to a time where foreclosures were at historic lows. And that’s making it sound...

2 of the Factors That Impact Mortgage Rates

Written by Miami Beach Mortgage Syndicated User on January 31, 2024. Posted in For Buyers, Interest Rates, Miami Beach Mortgage, Mortgage Miami Beach.

If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why?The answer is complicated because there’s a lot that can influence mortgage rates. Here are just a few of the most impactful factors at play.Inflation and the Federal ReserveThe Federal Reserve (Fed) doesn’t directly determine mortgage rates. But the Fed does move the Federal Funds Rate up or down in response to what’s happening with inflation, the economy, employment rates,...

Florida Mortgage | Why the Price of Your House Matters When Selling

Written by Miami Beach Mortgage Syndicated User on January 31, 2024. Posted in Miami Beach Mortgage, Mortgage Miami Beach.

Why the Price of Your House Matters When Selling. The asking price for your house can greatly affect your bottom line and how fast your house sells. Let’s connect so we can find the right price for your house. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #homesellingtips

Will a Silver Tsunami Change the 2024 Housing Market?

Written by Miami Beach Mortgage Syndicated User on January 30, 2024. Posted in Demographics, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach.

Have you ever heard the term “Silver Tsunami” and wondered what it’s all about? If so, that might be because there’s been lot of talk about it online recently. Let’s dive into what it is and why it won’t drastically impact the housing market.What Does Silver Tsunami Mean?A recent article from HousingWire calls it:“. . . a colloquialism referring to aging Americans changing their housing arrangements to accommodate aging . . .”The thought is that as baby boomers grow older, a significant number will start downsizing their homes. Considering how large that generation is, if these...

Douglas Elliman’s Q4 2023 Miami Mainland, Coral Gables & Miami Beach Market Reports

Written by Miami Beach Mortgage Syndicated User on January 28, 2024. Posted in Douglas Elliman, Douglas Elliman Market Reports, Luxury Condos, Luxury Homes, Market Trends, Miami Beach Mortgage, Mortgage Miami Beach, Real Estate Trends, South Florida Real Estate.

Douglas Elliman has released the 4th quarter 2023 Elliman Reports for Miami Coastal Mainland, Coral Gables and Miami Beach & Barrier Islands. Produced in conjunction with Miller Samuel to provide you with the most comprehensive and objective market insight available, the Douglas Elliman Reports are recognized as the industry standard for providing the state of the residential real estate market, which includes an extensive suite of tools to help readers objectively identify and measure market trends, provide historical context to current information and provide comprehensive analysis of...

Florida Mortgage | Experts Forecast Home Prices Will Go Up Over the Next 5 Years

Written by Miami Beach Mortgage Syndicated User on January 28, 2024. Posted in Miami Beach Mortgage, Mortgage Miami Beach.

Experts Forecast Home Prices Will Go Up Over the Next 5 Years NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #homebuyingtips

Author: Miami Beach Mortgage Syndicated User