Florida Mortgage | Reasons To Become a Homeowner

Written by Miami Beach Mortgage Syndicated User on October 8, 2023. Posted in Miami Beach Mortgage, Mortgage Miami Beach.

Florida Mortgage | Reasons To Become a Homeowner Trying to decide if you should rent or buy a home? Consider these benefits that come with buying. Let’s connect to take the first steps on your homebuying journey. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

How Homeowner Net Worth Grows with Time [INFOGRAPHIC]

Written by Miami Beach Mortgage Syndicated User on October 7, 2023. Posted in Buying Myths, For Buyers, Infographics, Miami Beach Mortgage, Mortgage Miami Beach.

Some HighlightsIf you’re thinking about buying a home this year, be sure to consider the long-term financial advantages of homeownership, like home equity.On average, people who bought homes 32 years ago have seen their home’s value nearly triple over that time. If you’re wondering if buying a home is a good idea, remember rising home values could grow your net worth with time. When you’re ready to start your homebuying journey, talk with a local real estate professional.

Are You a Homebuyer Worried About Climate Risks?

Written by Miami Beach Mortgage Syndicated User on October 6, 2023. Posted in Buying Myths, Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach, 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 Beach Mortgage Syndicated User on October 5, 2023. Posted in Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Miami Beach Mortgage, Mortgage Miami Beach, 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 Beach Mortgage Syndicated User on October 4, 2023. Posted in For Sellers, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach, 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 Beach Mortgage Syndicated User on October 3, 2023. Posted in Around Town, Brickell, Coconut Grove, Downtown Miami, Latin Music, Miami Beach Mortgage, Mortgage Miami Beach, 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 Beach Mortgage Syndicated User on October 3, 2023. Posted in Buying Myths, First Time Home Buyers, For Buyers, Miami Beach Mortgage, Mortgage Miami Beach, 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 Beach Mortgage Syndicated User on September 30, 2023. Posted in Market Trends, Miami Beach Mortgage, Mortgage Miami Beach, 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..

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

Written by Miami Beach Mortgage Syndicated User on September 30, 2023. Posted in Celebrity Real Estate, Lisa Hochstein, Luxury Condos, Miami Beach Mortgage, Miami Celebrity Real Estate, Mortgage Miami Beach, 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…

Explaining Today’s Low Housing Supply [INFOGRAPHIC]

Written by Miami Beach Mortgage Syndicated User on September 30, 2023. Posted in Housing Market Updates, Infographics, Miami Beach Mortgage, Mortgage Miami Beach, 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.

Category: Miami Beach Mortgage