Tips for Making Your Best Offer on a Home

Written by Miami Beach Mortgage Syndicated User on July 27, 2023. Posted in Buying Myths, For Buyers, Miami Beach Mortgage, Mortgage Miami Beach.

While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low. If you’re looking to buy a home this season, know that the peak frenzy of bidding wars is in the rearview mirror, but you may still come up against some multiple-offer scenarios.Here are a few things to consider to help you put your best foot forward when making an offer on a home.1. Lean on a Real Estate ProfessionalRely on an agent who can support your goals and help you understand what’s happening in today’s housing...

Don’t Fall for the Next Shocking Headlines About Home Prices

Written by Miami Beach Mortgage Syndicated User on July 26, 2023. Posted in Buying Myths, For Buyers, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach, Pricing.

If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is how headlines are talking about prices.They’re basing their negative news by comparing current stats to the last few years. But you can’t compare this year to the ‘unicorn’ years (when home prices reached record highs that were unsustainable). And as prices begin to normalize now, they’re talking about it like it’s a bad thing and making people fear what’s...

Foreclosure Numbers Today Aren’t Like 2008

Written by Miami Beach Mortgage Syndicated User on July 25, 2023. Posted in Distressed Properties, For Buyers, Foreclosures, Housing Market Updates, Miami Beach Mortgage, Mortgage Miami Beach.

If you’ve been keeping up with the news lately, you’ve probably come across headlines talking about the increase in foreclosures in today’s housing market. This may have left you with some uncertainty, especially if you’re considering buying a home. It’s important to understand the context of these reports to know the truth about what’s happening today.According to a recent report from ATTOM, a property data provider, foreclosure filings are up 2% compared to the previous quarter and 8% since one year ago. While media headlines are drawing attention to this increase,...

Inside The Expected “Messi Effect” On Miami’s Economy, Including Real Estate

Written by Miami Beach Mortgage Syndicated User on July 22, 2023. Posted in Buying & Selling Real Estate, Celebrity Real Estate, InterMiami, Market Trends, Messi, Miami Beach Mortgage, Mortgage Miami Beach, Real Estate Trends.

These are very exciting times! In addition to the celebrations, sports wins, and boasting to the rest of the world about our athletic prowess as a city, there is also a profound effect on the local economy. Tourism, business, jobs, and real estate will all be touched by the Messi Effect…

Real Estate Continues To Be the Best Investment [INFOGRAPHIC]

Written by Miami Beach Mortgage Syndicated User on July 22, 2023. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Miami Beach Mortgage, Mortgage Miami Beach, Move-Up Buyers.

Some HighlightsAccording to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more.Owning real estate means more than just having a home—it’s an investment in your future. That’s because it’s typically a stable and secure asset that tends to increase in value as time goes on.Connect with a local real estate agent if you’re ready to buy a home and invest in your future.

The Many Miami Homes Of Messi

Written by Miami Beach Mortgage Syndicated User on July 21, 2023. Posted in Celebrity Real Estate, Luxury Condos, Messi, Miami Beach Mortgage, Miami Celebrity Real Estate, Mortgage Miami Beach, Neighborhoods.

Messi is quite a seasoned Miami real estate investor, with an impressive portfolio of income-producing trophy properties, but where will he live with his family during his time playing for InterMiami? We will dig into each property he has purchased in recent years and explore possible locations for the family…

Owning Your Home Helps You Build Wealth

Written by Miami Beach Mortgage Syndicated User on July 21, 2023. Posted in Buying Myths, First Time Home Buyers, For Buyers, Miami Beach Mortgage, Mortgage Miami Beach, Rent vs. Buy.

You may have heard some people say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long-term investment that helps your net worth grow over time.Homeownership Builds Wealth Regardless of Income LevelYou may be surprised to learn homeowners across various income levels have a much higher net worth than renters who make the same amount. Data from First American helps illustrate this point (see graph below):What makes wealth so much higher for homeowners? A...

Architectural Digest’s List Of Top Miami Interior Designers

Written by Miami Beach Mortgage Syndicated User on July 20, 2023. Posted in Architerctural Digest, Design & Architecture, Miami Beach Mortgage, Miami Interior Design, Mortgage Miami Beach.

With the influx of new residents in the Magic City, we have seen an uptick in the need for skilled interior designers who embody our signature style and add their own touch of flare. Here are the top Miami-based interior designers that were chosen by Architectural Digest…

Explaining Today’s Mortgage Rates

Written by Miami Beach Mortgage Syndicated User on July 20, 2023. Posted in For Buyers, Housing Market Updates, Interest Rates, Miami Beach Mortgage, Mortgage Miami Beach.

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. But, there’s one thing that’s historically a good indicator of what’ll happen with rates, and that’s the relationship between the 30-Year Mortgage Rate and the 10-Year Treasury Yield. Here’s a graph showing those two metrics since Freddie Mac started keeping mortgage rate records in 1972:As the graph shows, historically, the average spread...

Miami As An Emerging Global City – Banco Santander’s Expansion Into Coconut Grove

Written by Miami Beach Mortgage Syndicated User on July 19, 2023. Posted in Around Town, Banco Santander, Coconut Grove, Market Trends, Miami Beach Mortgage, Mortgage Miami Beach, Neighborhoods.

Santander Group’s recognition of Coconut Grove is a feather in our cap as we continue to evolve, and we are proud that we can offer the lifestyle they seek for a successful new workspace for their new tech department…

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