Rivage Opens Elegant Bal Harbour Sales Gallery Ahead Of Groundbreaking

Written by Miami Beach Mortgage Syndicated User on March 13, 2024. Posted in Bal Harbour Condos, Miami Beach Boutique Beachfront Condos, Miami Beach Mortgage, Mortgage Miami Beach, Neighborhoods, New Construction, Renderings, Rivage.

Related Group + Two Roads Development have been working diligently, preparing for the upcoming groundbreaking of their new ultra-luxury beachfront development, Rivage Bal Harbour. Most recently, they have unveiled an elegant sales gallery in the Bal Harbour Shops where buyers can experience the quality and design that is soon to be constructed just across the street. Buyers can obtain appointments for a private presentation in the sales gallery by contacting me directly, and we can take an immersive tour of the development from the oceanfront location to an actual build-out of the residence...

What Mortgage Rate Do You Need To Move?

Written by Miami Beach Mortgage Syndicated User on March 13, 2024. Posted in Buying Myths, For Buyers, Interest Rates, Miami Beach Mortgage, Mortgage Miami Beach.

If you’ve been thinking about buying a home, mortgage rates are probably top of mind for you. They may even be why you’ve put your plans on hold for now. When rates climbed near 8% last year, some buyers found the numbers just didn’t make sense for their budget anymore. That may be the case for you too.Data from Bright MLS shows the top reason buyers delayed their plans to move is due to high mortgage rates (see graph below): David Childers, CEO at Keeping Current Matters, speaks to this statistic in the recent How’s The Market podcast:“Three quarters of buyers said ‘we’re out’ due to mortgage...

Finding Your Perfect Home in a Fixer Upper

Written by Miami Beach Mortgage Syndicated User on March 12, 2024. Posted in Buying Myths, First Time Home Buyers, For Buyers, Miami Beach Mortgage, Mortgage Miami Beach, Move-Up Buyers.

If you’re trying to buy a home and are having a hard time finding one you can afford, it may be time to consider a fixer-upper. That’s a house that needs a little elbow grease or some updates, but has good bones. Fixer-uppers can be a really great option if you’re looking to break into the housing market or want to stretch your budget further. According to NerdWallet:“Buying a fixer-upper can provide a path to homeownership for first-time home buyers or a way for repeat buyers to afford a larger home or a better neighborhood. With the relatively low inventory of homes for sale these days, a...

2024 Coconut Grove Real Estate Values | Year-Over-Year Numbers

Written by Miami Beach Mortgage Syndicated User on March 9, 2024. Posted in Coconut Grove, Luxury Condos, Luxury Homes, Market Trends, Miami Beach Mortgage, Mortgage Miami Beach, Real Estate Trends.

I am pleased to share with you my annual Coconut Grove statistics report highlighting that, yet again, Coconut Grove has outpaced a cooling national real estate market by setting new, all-time records across multiple categories! Herein, I have compiled and analyzed the 2023 statistics, per MLS data, by hand-calculating the stats to ensure they are accurate for our readers. This information allows you to see for yourself the market trends in our community. I would also like to note the reason I have been so passionate and adamant about publishing the Coconut Grove sales analytics annually for...

The Spring Market Is a Sweet Spot if You’re Looking To Sell [INFOGRAPHIC]

Written by Miami Beach Mortgage Syndicated User on March 9, 2024. Posted in For Sellers, Infographics, Miami Beach Mortgage, Mortgage Miami Beach.

Some HighlightsWondering if now’s a good time to sell your house? Based on how many homes are on the market, there are two big reasons why this spring is looking so good for sellers.Thanks to an uptick in inventory over last year, you’ve got more options for your next home. But there are still fewer homes for sale than there’d normally be, meaning your house should stand out and get a lot of attention from buyers.If you want to sell your house, this spring is the sweet spot. When you’re ready, chat with a local real estate agent to get the ball rolling.

Florida Condotel Financing | Florida Condotel Mortgage

Written by Miami Beach Mortgage Syndicated User on March 9, 2024. Posted in Miami Beach Mortgage, Mortgage Miami Beach.

At Fidelity Home Group, we are Florida Condotel Mortgage Experts! The Condotel also known as the Condo Hotel is quickly becoming popular in Florida as an investment opportunity. Various Condotel Projects are popping up in Destin, South Beach, Panama City Beach, Palm Beach and Miami. A Condotel is a condo project with an on-site check-in desk that allows the units in the complex can be reserved for daily, weekly, or short-term rentals. The units are typically individually owned. Unit owners also have the option to place their unit in the hotel’s rental program where it is rented out like any...

The 2024 Douglas Elliman | Knight Frank Wealth Report Is Here – Tides Are Changing In Miami

Written by Miami Beach Mortgage Syndicated User on March 8, 2024. Posted in Buying & Selling Real Estate, Douglas Elliman Market Reports, Knight Frank Wealth Report, Market Trends, Miami Beach Mortgage, Mortgage Miami Beach, South Florida Real Estate.

The Douglas Elliman | Knight Frank Wealth Report is here again for the 18th year, and there is some very special news about the Miami luxury and ultra-luxury market. In the 2024 report, we see that Miami has hit an unmistakable inflection point. Change is upon us and there is no going back. So where are we headed? Out With The Old – Miami Has Changed It used to be that mentions of Miami Beach conjured up thoughts of Cocaine Cowboys and wild Spring Breakers. This is no longer the case. The Cocaine Cowboys days are now just a Netflix novelty and w hile the Spring Breakers are still interested...

The Benefits of Downsizing When You Retire

Written by Miami Beach Mortgage Syndicated User on March 8, 2024. Posted in Demographics, For Buyers, For Sellers, Miami Beach Mortgage, Mortgage Miami Beach, Move-Up Buyers.

If you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is by downsizing to a smaller home.When you think about cutting down on your spending, odds are you think of frequent purchases, like groceries and other goods. But when you downsize your house, you often end up downsizing the bills that come with it, like your mortgage payment, energy costs, and maintenance requirements. Realtor.com shares:“A smaller home typically means lower bills and less upkeep. Then there’s the potential windfall that comes from...

For 305 Day, Let’s Discuss Miami Truth And Miami Hype

Written by Miami Beach Mortgage Syndicated User on March 7, 2024. Posted in 305 Day, Around Town, Douglas Elliman Market Reports, Knight Frank Wealth Report, Market Trends, Miami Beach Mortgage, Mortgage Miami Beach, South Florida Real Estate.

Today is 305 Day. Miami’s official hype day. For those who are new to The 305, this is the unofficial Miami Day named after our signature area code. Miami actually became The 305 back in 1947 along with the rest of Florida, but over the years it became a Miami thing as population grew. Those were the days. As Miamians we love finding reasons to celebrate, even if we are celebrating an area code. As proof, there are endless ways to celebrate 305 Day. Budget-friendly travelers can purchase flights from Miami International for $30.50. Axios Miami embraces things we love about our city (and things...

Why Access Is So Important When Selling Your House

Written by Miami Beach Mortgage Syndicated User on March 7, 2024. Posted in For Sellers, Miami Beach Mortgage, Mortgage Miami Beach, Selling Myths.

If you’re gearing up to sell your house this spring, one of the early conversations you’ll have with your agent is about how much access you want to give buyers. And you may not realize just how important it is to make your house easy to tour.Spring is the peak homebuying season, so opening up your house to as many showings as possible can really help you capitalize on all the extra buyer activity we see at this time of year.Since buyer competition ramps up in the spring, buyers are going to want to move fast to see your house once they find your listing. And, if they see it and fall in love...

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