Villa Miami In Edgewater Selects General Contractor And Prepares For Groundbreaking

Written by Miami Beach Mortgage Syndicated User on July 30, 2024. Posted in Luxury Condos, Major Food Group, Miami Beach Mortgage, Mortgage Miami Beach, Neighborhoods, New Construction, Terra Group, Villa Miami, Waterfront Edgewater Condos.

Villa Miami in Edgewater has had a relatively quiet year after the January unveiling of their glamorously chic sales gallery in Edgewater, and now we know why. The sales are streaming along and the development team has been hard at work on the logistics of the project. This week, the development team that is a collaboration between David Martin’s Terra Group, Major Food Group and One Thousand Group released their choice of general contractor. Moss Construction will be physically constructing the tower, which is a huge win for all parties. Moss comes with an expansive portfolio, having...

Inside Michele Bönan’s Inspiration For The Interiors At Four Seasons Private Residences Coconut Grove

Written by Miami Beach Mortgage Syndicated User on July 30, 2024. Posted in CMC Group, Coconut Grove New Construction, Four Seasons Coconut Grove, Luxury Condos, Miami Beach Mortgage, Mortgage Miami Beach, Neighborhoods, New Construction.

Almost a year to the date since we were able to break the news that Ugo Colombo was planning to build Four Seasons Private Residences in Coconut Grove, we are deep into anticipation for the project and every detail. Previously, we have gone into detail about the different layouts and floor plans, which views and sizes are available to choose from, and now we are able to obsess over the inspired interior design that Italian designer Michele Bönan has prepared for the boutique project. Rendering of Four Seasons Private Residences in Coconut Grove Living Area The homes at Four Seasons Private...

As Mercedes Benz Places in Brickell Pours Its Foundation, 1 Southside Park Unveils New Plans

Written by Miami Beach Mortgage Syndicated User on July 30, 2024. Posted in Brickell Luxury Condos, Brickell Preconstruction, Mercedes-Benz Places, Miami Beach Mortgage, Mortgage Miami Beach, Neighborhoods, New Construction.

At the end of June, Mercedes Benz Places in Brickell celebrated its foundation pour and officially began construction. While this was going on, developer JDS Development Group was hard at work fine tuning the specifics of this mega-project that will one way incorporate the luxury tower with high-end workforce housing, a fully renovated Southside Park and the community’s local fire station. The foundation pour of the luxury development took place on the last weekend of June, providing over 10,000 cubic yards for the 67-story tower that has everyone chattering. Within only 4 days of unveiling...

Are Home Prices Going To Come Down?

Written by Miami Beach Mortgage Syndicated User on July 30, 2024. Posted in For Buyers, Home Prices, Miami Beach Mortgage, Mortgage Miami Beach.

Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening. Some say home prices are heading for a correction, but what do the facts say? Well, it helps to start by looking at what a correction means.Here’s what Danielle Hale, Chief Economist at Realtor.com, says: “In stock market terms, a correction is generally referred to as a 10 to 20% drop in prices . . . We don’t have the same established definitions in the housing market.”In the context of today’s housing market, it doesn’t mean home prices are going to fall...

Unlocking the Benefits of Your Home’s Equity

Written by Miami Beach Mortgage Syndicated User on July 30, 2024. Posted in Equity, For Buyers, For Sellers, Infographics, Miami Beach Mortgage, Mortgage Miami Beach.

Some HighlightsEquity is the difference between what your house is worth and what you still owe on your mortgage.The typical homeowner gained $28,000 over the past year and has a grand total of $305,000 in equity. And there are a lot of great ways you can use that equity.To find out how much equity you have, connect with a real estate agent who can give you a Professional Equity Assessment Report (PEAR).

How the Economy Impacts Mortgage Rates

Written by Miami Beach Mortgage Syndicated User on July 30, 2024. Posted in Economy, For Buyers, For Sellers, Miami Beach Mortgage, Mortgage Miami Beach, Mortgage Rates.

As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead.One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow money from each other. While the Federal Reserve (the Fed) doesn’t directly control mortgage rates, they do control the Federal Funds Rate.The relationship between the two is why people have been watching closely to see when the Fed might lower the Federal Funds Rate. Whenever they do, that’ll put downward pressure on mortgage...

The Downsides of Selling Your House Without an Agent

Written by Miami Beach Mortgage Syndicated User on June 22, 2024. Posted in For Sale by Owner, For Sellers, Infographics, Miami Beach Mortgage, Mortgage Miami Beach, Selling Tips.

Some HighlightsConsidering selling your house without an agent? You should know there are some serious downsides to handling it on your own.You’ll be missing out on marketing tools that draw in more buyers, pricing and market expertise, essential negotiation skills, in-depth knowledge of the fine print in contracts, and so much more.Don’t take all of this responsibility on. Instead, connect with an agent so you have someone with the knowledge and experience you’ll need on your side.

Why a Vacation Home Is the Ultimate Summer Upgrade

Written by Miami Beach Mortgage Syndicated User on June 21, 2024. Posted in Buying Tips, For Buyers, Luxury / Vacation, Miami Beach Mortgage, Mortgage Miami Beach.

Summer is officially here and that means it’s the perfect time to start planning where you want to vacation and unwind this season. If you’re excited about getting away and having some fun in the sun, it might make sense to consider if owning your own vacation home is right for you.An Ameriprise Financial survey sheds light on why people buy a second, or vacation, home (see below): Vacation destination or a place to get away from the stresses of everyday life (81%) – Having a second home to use as a vacation spot can be a special place where you go to relax and take a break from your daily...

What You Need To Know About Today’s Down Payment Programs

Written by Miami Beach Mortgage Syndicated User on June 20, 2024. Posted in Buying Tips, First-Time Buyers, For Buyers, Miami Beach Mortgage, Mortgage Miami Beach.

There’s no denying it’s gotten more challenging to buy a home, especially with today’s mortgage rates and home price appreciation. And that may be one of the big reasons you’re eager to look into grants and assistance programs to see if there’s anything you qualify for that can help. But unfortunately, many homebuyers feel like they don’t know where to start. A recent Bank of America Institute study asked prospective buyers where they lack confidence in the process and need more information. And this is what topped the list:53% said they need help understanding homebuying...

Worried About Mortgage Rates? Control the Controllables

Written by Miami Beach Mortgage Syndicated User on June 19, 2024. Posted in Buying Tips, Economy, Miami Beach Mortgage, Mortgage Miami Beach, Mortgage Rates.

Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do.The truth is, mortgage rates are impacted by a lot of factors: geo-political uncertainty, inflation and the economy, and more. And trying to pin down when all those factors will line up enough for rates to come down is tricky.That’s why it’s generally not worth it to try to time the market. There’s too much at play...

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