The True Strength of Homeowners Today

Written by Miami Beach Mortgage Syndicated User on September 27, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach.

The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past year, and many called that a troubling sign when it happened for the first time in history. Recently Odeta Kushi, Deputy Chief Economist at First American, answered that question when she said: “U.S. households own $41 trillion in owner-occupied real estate, just over $12...

EDITION Miami Residences in Edgewater Opens Reservations

Written by Miami Beach Mortgage Syndicated User on September 24, 2022. Posted in Edgewater Miami Luxury Condos, EDITION Miami Residences Edgewater, Luxury Condos, Miami Beach Mortgage, Mortgage Miami Beach, Neighborhoods, New Construction, Renderings, Waterfront Edgewater Condos.

Locally-based Two Roads Development is ready to continue its luxury waterfront condo contagion in Edgewater! The 55-story project will offer 185 sleek residences rising up to 649-feet in a glass tower inspired by the romantic moonlight that glistens over the Biscayne Bay at night. With 800 feet of waterfront baywalk, we are….

Fall Home Selling Checklist [INFOGRAPHIC]

Written by Miami Beach Mortgage Syndicated User on September 24, 2022. Posted in For Sellers, Infographics, Miami Beach Mortgage, Mortgage Miami Beach, Move-Up Buyers.

Some Highlights When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. A real estate professional can help you decide what to do to make that happen. Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal. Let’s connect so you have advice on what you may want to do to get your house ready to sell this season. Content previously posted on Keeping Current Matters

What Experts Say Will Happen with Home Prices Next Year

Written by Miami Beach Mortgage Syndicated User on September 23, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach, Pricing.

Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead for the price of my home, know that experts are now answering this question, and its welcome news for homeowners who may have been led by the media to believe their home would lose value. Historically, home prices have appreciated at a rate near 4%. For 2023, the average of six major forecasters...

Florida Mortgage | US interest rates hit 14-yr high in inflation battle

Written by Miami Beach Mortgage Syndicated User on September 23, 2022. Posted in Miami Beach Mortgage, Mortgage Miami Beach.

Florida Mortgage | US interest rates hit 14-yr high in inflation battle. NMLS ID 1834853 #mortgagerates #floridamortgagerates #floridamortgagecompany

Top Reasons Homeowners Are Selling Their Houses Right Now

Written by Miami Beach Mortgage Syndicated User on September 22, 2022. Posted in For Sellers, Interest Rates, Miami Beach Mortgage, Mortgage Miami Beach, Move-Up Buyers.

Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeowners have a mortgage rate under 4% as of April this year. And while it’s true mortgage rates are higher than that right now, there are other non-financial factors to consider when it comes to making a move. In other words, your mortgage rate is important, but you may have other things going on in...

Watching the Stock Market? Check the Value of Your Home for Good News.

Written by Miami Beach Mortgage Syndicated User on September 21, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach.

While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in the form of home equity. Here’s how it works. Equity is the current value of your home minus what you owe on the loan. Because there was a significant imbalance between the number of homes available for sale and the number of buyers looking to make a purchase over the past few...

Will My House Still Sell in Today’s Market?

Written by Miami Beach Mortgage Syndicated User on September 20, 2022. Posted in For Sellers, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach, Selling Myths.

If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. Buyer Demand Then and Now During the pandemic, mortgage rates hit record lows, and that spurred a significant rise in buyer demand. This year, as rates increased due to factors like rising inflation, buyer demand pulled back or softened as a result. The latest data from ShowingTime confirms this trend (see graph below): The orange...

Where To Pay Condolences To The Queen In Miami

Written by Miami Beach Mortgage Syndicated User on September 17, 2022. Posted in Around Town, Miami Beach Mortgage, Miscellaneous, Mortgage Miami Beach, Queen Elizabeth Miami.

Even if you are not British, many people from around the world are looking to pay their respects and offer condolences. Where can you go in Miami if you would like to do so without booking a quick flight to the other side of the pond? Here is a list of places to celebrate The Queen’s life and Her Majesty’s 70-year…

Miami’s Debut Formula 1 Event Drew $350 Million Into The Local Economy

Written by Miami Beach Mortgage Syndicated User on September 17, 2022. Posted in Around Town, Miami Beach Mortgage, Miami Economy, Miami Grand Prix, Miscellaneous, Mortgage Miami Beach.

“Our team worked selflessly to create a campus and experience that was unique to the international culture of Miami,” Richard Cregan, CEO of the Crypto.com Miami Grand Prix, said. “We look forward to growing the event and the positive impact it will continue to…

Category: Mortgage Miami Beach