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Tag: #miamibeachmortgage

Unpacking the Long-Term Benefits of Homeownership

Written by Miami Beach Mortgage Syndicated User on . 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...

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

Written by Miami Beach Mortgage Syndicated User on . 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…

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Explaining Today’s Low Housing Supply [INFOGRAPHIC]

Written by Miami Beach Mortgage Syndicated User on . 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. 

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Why Your House Didn’t Sell

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

If your listing expired and your house didn’t sell, you’re likely feeling a little frustrated. Not to mention, you’re also probably wondering what went wrong. Here are three questions to think about as you figure out what to do next.Did You Limit Access to Your House?One of the biggest mistakes you can make when selling your house is restricting the days and times when potential buyers can tour it. Being flexible with your schedule is important when you’re selling your house, even though it might feel a bit stressful to drop everything and leave when buyers want to see it. After...

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Why Today’s Housing Inventory Shows a Crash Isn’t on the Horizon

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

You might remember the housing crash in 2008, even if you didn’t own a home at the time. If you’re worried there’s going to be a repeat of what happened back then, there’s good news – the housing market now is different from 2008.One important reason is there aren’t enough homes for sale. That means there’s an undersupply, not an oversupply like the last time. For the market to crash, there would have to be too many houses for sale, but the data doesn’t show that happening.Housing supply comes from three main sources:Homeowners deciding to sell their housesNewly built...

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The Return of Normal Seasonality for Home Price Appreciation

Written by Miami Beach Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach, Move-Up Buyers, Pricing, Selling Myths.

If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context you need to really understand that trend.In the housing market, there are predictable ebbs and flows that happen each year. It’s called seasonality. Spring is the peak homebuying season when the market is most active. That activity is typically still strong in the summer but begins to wane as the cooler months...

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Beginning with Pre-Approval

Written by Miami Beach Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Miami Beach Mortgage, Mortgage Miami Beach, Move-Up Buyers.

If you’re looking to buy a home this fall, there are a few things you need to know. Affordability is tight with today’s mortgage rates and rising home prices. At the same time, there’s a limited number of homes on the market right now and that’s creating some competition among buyers. But, if you’re strategic, there are ways to navigate these waters. The first thing you’ll want to do is get pre-approved for a mortgage. That way you’ll know your numbers and can set yourself up for success from the start of your home search.What Pre-Approval Does for YouTo understand why it’s such an important...

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