Available 7 Days/Week       MON - FRI  8am - 7pm       SAT - SUN  10am – 6pm
Call us (305) 600-1600
Apply Now

Category: For Buyers

Auto Added by WPeMatico

Retirement May Be Changing What You Need in a Home

Written by Miami Beach Mortgage Syndicated User on . Posted in Baby Boomers, Demographics, For Buyers, For Sellers, Miami Beach Mortgage, Mortgage Miami Beach, Senior Market.

The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom: “At least 1.7 million more older workers than expected retired due to the pandemic recession.” If you’ve recently retired, your home may not fit your new lifestyle. The good news is, you’ve likely built-up significant equity that can fuel your next move. According to the latest Homeowner Equity...

Continue reading

4 Things Every Renter Needs To Consider

Written by Miami Beach Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach, Rent vs. Buy.

As a renter, you’re constantly faced with the same dilemma: keep renting for another year or purchase a home? Your answer depends on your current situation and future plans, but there are a number of benefits to homeownership every renter needs to consider. Here are a few things you should think about before you settle on renting for another year. 1. Rents Are Rising Quickly Rent increasing each year isn’t new. Looking back at Census data confirms rental prices have gone up consistently for decades (see graph below):If you’re a renter, you’re faced with payments that continue to climb each...

Continue reading

VA Loans: Helping Veterans Achieve Their Homeownership Dreams

Written by Miami Beach Mortgage Syndicated User on . Posted in Buying Myths, Down Payments, For Buyers, Miami Beach Mortgage, Mortgage Miami Beach, Time-sensitive.

The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program: “The objective of the VA Home Loan Guaranty program is to help eligible Veterans, active-duty personnel, surviving spouses, and members of the Reserves and National Guard purchase, retain, and adapt homes in recognition of their service. . . .” For over 75 years, VA home loans have provided millions of veterans and their families the opportunity to purchase their own homes. 2020 Data on VA...

Continue reading

What’s Happening with Home Prices?

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

Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three of these questions. How much have home values appreciated over the last 12 months? According to the latest Home Price Index from CoreLogic, home values have increased by 18.1% compared to this time last year. Additionally, prices have gone up at an accelerated pace for each of the last eight months (see graph below):The increase in the rate of appreciation that’s...

Continue reading