Realty Biz

APRIL 19, 2024

And let's add the most significant (and unpredictable) ingredients to the mix, namely interest rates and the housing shortage. Only they have access to real estate comps, MLS listings, and local market trends that can help you buy, rent, sell, or invest in residential, commercial, or industrial real estate. Suppose rates move upwards.

Marketing 90

Marketing Fixed-rate mortgage Construction Residential 90

Realty Biz

SEPTEMBER 4, 2021

And importantly, it did so through government-backed, low-interest, fixed-rate mortgages with zero or low-down payments with up to 30-year terms. Moving forward, came the pandemic that brought new construction almost to a standstill. But now, that real estate exuberance is facing an affordability plateau.

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Fixed-rate mortgage Construction New Construction Commercial 78

Realty Biz

MAY 21, 2023

South Florida has benefited from a major wealth migration as buyers from California and New York have relocated their companies and their families to Miami: the city of the future,” MIAMI Chairman Ines Hegedus Garcia said. Rates leveled off before recently rising again. Rates on March 1, 2022 were 3.90%. months) and condos (4.9

Sales 92

Sales Short sale Fixed-rate mortgage MLS 92

Realty Biz

DECEMBER 26, 2022

This influx of people and companies moving into our region, coupled with the ratio of cash buyers which is nearly double the national average should continue to shield Miami from the impact of high mortgage rates as the Fed continues its mandate to tamper inflationary pressure.”. South Florida real estate is different from many U.S.

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

Realty Biz

MARCH 21, 2023

MIAMI Chairman of the Board Ines Hegedus-Garcia Miami real estate, which posted its second-most total home sales in history in 2022 despite an unprecedented doubling of mortgage rates, continues to see a surge in domestic and international wealth migration. Property prices in Miami continue to rise, albeit at a more modest rate.

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Sales MLS Short sale Residential 101

Realty Biz

JUNE 24, 2022

The rapid rise in mortgage rates, from an average of 3% to 6% over the past six months, is tempering Miami real estate’s historic pace,” MIAMI Chairman of the Board Fernando Arencibia Jr. Although top sales marks are still being achieved, higher rates are starting to restore balance to the market. There are 2.6 There are 4.8

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Marco Santarelli

SEPTEMBER 5, 2020

As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. We've been seeing real estate appreciation rates increasing year-over-year in the entire metro area. The annual real estate appreciation rate is in double digits.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135