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Author: Miami Beach Mortgage Syndicated User

St. Regis Residences, Miami In Brickell Files For Construction Permit + Releases A New Amenity

Written by Miami Beach Mortgage Syndicated User on . Posted in Brickell Luxury Condos, Luxury Condos, Miami Beach Mortgage, Mortgage Miami Beach, Neighborhoods, New Construction, Related Group, St Regis Brickell.

While the demolition permit of the existing structure at 1809 Brickell Avenue is being considered, Related Group has filed for their construction permit to begin work on St. Regis Residences, Miami. While this happens in the background, they are also offering a new amenity to the owners…

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Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

Written by Miami Beach Mortgage Syndicated User on . Posted in For Sellers, Housing Market Updates, Infographics, Miami Beach Mortgage, Mortgage Miami Beach, Selling Myths.

Some HighlightsThere are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight. If you’re thinking of selling, get in touch with a local real estate agent so your house can stand out while there’s such a shortage of supply and buyers are craving more options.

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A Construction Update For The Waldorf Astoria Miami Residences (And Some Bonus History)

Written by Miami Beach Mortgage Syndicated User on . Posted in Downtown Miami Luxury Condos, Luxury Condos, Miami Beach Mortgage, Mortgage Miami Beach, Neighborhoods, New Construction, PMG, Waldorf Astoria Miami.

Since our last update in March, the developer of Waldorf Astoria Miami Residences in Downtown has been hard at work getting ready for the tallest tower South of New York to rise 100 floors over Downtown Miami…

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More Jobs and Better Pay Leads to More Buyer Demand

Written by Miami Beach Mortgage Syndicated User on . Posted in For Sellers, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach, Selling Myths.

There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about selling your house.More Jobs Are Being CreatedInstead of facing the job losses typical of any recession, the economy has been growing and adding jobs. According to the Bureau of Labor Statistics (BLS), 187,000 jobs were created in July, which is up from the 185,000 created in June. That means more people are finding work. In fact,...

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Florida Mortgage | Why Your House Isn’t Selling as Fast as You’d Like

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

Florida Mortgage | Why Your House Isn’t Selling as Fast as You’d Like If your house isn’t selling as fast as you’d like, there are a few things that could be a factor. Let’s connect to discuss what we can do to re-ignite buyer interest in your house. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips

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Why You Need a True Expert in Today’s Housing Market

Written by Miami Beach Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Miami Beach Mortgage, Mortgage Miami Beach, Selling Myths.

The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission critical to work with an expert who can guide you through each unique step of the process. The reality is, not all agents operate the same way. To truly make a powerful and confident decision as you buy or sell a home, you need a real estate expert who uses their knowledge of what’s really happening with home prices, housing supply, industry...

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Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

Written by Miami Beach Mortgage Syndicated User on . Posted in Buying Myths, For Buyers, Interest Rates, Miami Beach Mortgage, Mortgage Miami Beach.

If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening and why this isn’t cause for concern.Why ARMs Have Gained Popularity More RecentlyThis graph uses data from the Mortgage Bankers Association (MBA) to show how the percentage of adjustable-rate mortgages has increased over the past few years:As the graph conveys, after hovering around 3% of all mortgages in 2021, many more homeowners...

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Why Median Home Sales Price Is Confusing Right Now

Written by Miami Beach Mortgage Syndicated User on . Posted in Buying Myths, For Buyers, For Sellers, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach, Pricing, Selling Myths.

The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This may seem a bit confusing, especially if you’ve been following along and reading the blogs saying home prices have hit the bottom and have since rebounded.So, why would this say home prices are falling when so many other price reports say they’re going back up? It all depends on the methodology...

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