The Luxury-Name-Branded-Condo Invasion Continues in Brickell…Baccarat Residences

Written by Miami Beach Mortgage Syndicated User on November 25, 2021. Posted in Baccarat Residences, Brickell Condos, Luxury Condos, Miami Beach Mortgage, Mortgage Miami Beach, New Construction, Renderings.

Branded condo towers continue coming to Miami as the famous French crystal company, Baccarat, announces its new condo tower along the Miami River in the Brickell neighborhood of Miami. Baccarat is added to the list of brands that have teamed up with developers in Miami to create name-branded condos like…

Tallest Waterfront Twin Condo Tower in U.S. Coming to Miami…Aria Reserve

Written by Miami Beach Mortgage Syndicated User on November 25, 2021. Posted in Aria Reserve, Edgewater Condos, Luxury Condos, Miami Beach Mortgage, Mortgage Miami Beach, New Construction, Renderings.

Aria Reserve is a pre-construction condo development set to be the tallest waterfront residential twin condo towers in the U.S.. Designed by Arquitectonica and developed by Melo Group, Aria Reserve will consist of two, 62-story twin towers located along Biscayne Bay in the Edgewater neighborhood of Miami…

Second Condo Tower Announced for Mr. C Residences in Coconut Grove

Written by Miami Beach Mortgage Syndicated User on November 25, 2021. Posted in Coconut Grove Condos, Luxury Condos, Miami Beach Mortgage, Mortgage Miami Beach, Mr. C Residences, Mr. C Tigertail Residences, New Construction, Renderings.

Mr. C Tigertail Residences, which was once planned as apartments, will now be a sister condo tower to Mr. C Residences in Coconut Grove as the latter is now 95% sold. The Tigertail Tower will also be 21 stories and have the same luxe interior finishes as Mr. C Residences but will offer more units…

The Light Group at Douglas Elliman Expands | Welcomes New Team Members

Written by Miami Beach Mortgage Syndicated User on November 25, 2021. Posted in Miami Beach Mortgage, Mortgage Miami Beach, Our Team, The Light Group.

Michael and Jaimee Light of The Light Group at Douglas Elliman are pleased to announce the expansion of their team adding a new Director of Operations and three new real estate advisors, who among them are fluent in Spanish, Portuguese and Italian…

South Florida is Dubbed NYC’s “6th Borough” After COVID-19 Exodus

Written by Miami Beach Mortgage Syndicated User on November 25, 2021. Posted in Luxury Condos, Luxury Homes, Market Trends, Miami Beach Mortgage, Mortgage Miami Beach, Real Estate Trends, South Florida Real Estate.

Florida’s Department of Highway has proven what everyone in real estate has been talking about over the past year…New Yorkers have fled to South Florida in droves during the COVID-19 pandemic. At least 33,565 people exchanged their New York driver’s licenses for Florida driver’s licenses between September 2020 and March 2021…

100-Story Waldorf Astoria Residences Miami | Miami’s Tallest Skyscraper

Written by Miami Beach Mortgage Syndicated User on November 25, 2021. Posted in Downtown Miami Condos, Luxury Condos, Miami Beach Mortgage, Mortgage Miami Beach, New Construction, Renderings, Waldorf Astoria Miami.

Waldorf Astoria Residences Miami, which is a planned 100-story ultra-luxury condo/hotel tower, will soon soar 1,049 feet above the ground, making it Miami’s tallest tower once it is completed in 2025. Designed by Carlos Ott and Sieger Suarez Architects and developed by PMG, Waldorf Astoria Miami will be comprised of 9 vertical stacking glass “cubes” that will each…

How Smart Buyers Are Approaching Rising Mortgage Rates

Written by Miami Beach Mortgage Syndicated User on November 25, 2021. Posted in Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Miami Beach Mortgage, Mortgage Miami Beach, Move-Up Buyers.

Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates to increase slightly through the remainder of the year and reach 3.0%, rising to 3.5% for full year 2022.” If you’re thinking of buying a home, here are a few things to keep in mind so you can succeed even as mortgage rates rise. Taking Time Off Can Be Costly Mortgage rates play a significant role in your home search. As rates go up, your monthly...

Don’t Believe Everything You Read: The Truth Many Headlines Overlook

Written by Miami Beach Mortgage Syndicated User on November 24, 2021. Posted in Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Interest Rates, Miami Beach Mortgage, Mortgage Miami Beach, Pricing.

There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that bad news sells. Unfortunately, we’ll continue to see a rash of troublesome headlines over the next few months. To make sure you aren’t paralyzed by a headline, turn to reliable resources for a look at what to expect from the housing market next year. There are already alarmist headlines starting...

4 Ways Homeowners Can Use Their Equity

Written by Miami Beach Mortgage Syndicated User on November 23, 2021. Posted in For Sellers, Miami Beach Mortgage, Mortgage Miami Beach, Move-Up Buyers.

Your equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year. According to the latest Equity Insights Report from CoreLogic, homeowners gained an average of $51,500 in equity over the past year. If you’re looking for the best ways to use your growing equity, here are four options: 1. Use Your Equity To Buy a Home That Fits Your Needs If you’re finding you no longer have the space you need, it might be time to move into a larger home. Or, it’s possible you have too much space and would like something smaller....

Home Sales About To Surge? We May See a Winter Like Never Before.

Written by Miami Beach Mortgage Syndicated User on November 19, 2021. Posted in For Buyers, For Sellers, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach.

Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of the year. Real estate is very similar. The number of homes sold in the spring is almost always much greater than at any other time of the year. It’s even labeled as the spring buying season. Historically, the number of buyers and listings for sale significantly increase in the spring...

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