Realty Biz

MAY 21, 2023

Miami-Dade’s out-of-state homebuyers with a mortgage earn nearly $100,000 in median household income. Mortgage Rates Up 3 Percentage Points Vs. Last Year; Impacting Sales Miami total home sales decreased 35.5% Rates leveled off before recently rising again. Rates leveled off before recently rising again.

Sales 92

Sales Short sale Fixed-rate mortgage MLS 92

Housing Wire

NOVEMBER 1, 2022

It’s impossible to pick out just one factor, but longstanding underinvestment in new housing, coupled with a confluence of certain federal and monetary policies, have all played a role in limiting options for first-time home buyers. Housing Shortages and Mortgage Rate Fluctuations. One recent estimate found that the U.S.

Fixed-rate mortgage 361

Fixed-rate mortgage Loans Banks New Construction 361

Marco Santarelli

AUGUST 5, 2020

Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Record low mortgage rates are providing opportunities for buyers to lock-in low monthly mortgage payments for future years. Their “Housing Market Recovery Index” reached 103.7

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145

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.”. Mortgage rates averaged 3.07% in November 2021.

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. About 67.1% of Miami-Dade luxury buyers pay all cash. Florida ranked No.

Sales 101

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.

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Marco Santarelli

SEPTEMBER 8, 2020

The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88% in the first week of August. The 15-year fixed-rate mortgage dropped to 2.44%.

Marketing 105

Marketing Purchase and sale agreement Investor Closing 105

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 15-year fixed-rate mortgage dropped to 2.44%.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

SEPTEMBER 7, 2020

The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88%. The 15-year fixed-rate mortgage dropped to 2.44%.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

AUGUST 27, 2020

For buyers, the inventory is relatively increasing and mortgage rates are lowest ever , so they should take advantage of scooping up their favorite deals which otherwise are taken away by seasoned investors in the bidding wars. The percent of delinquent mortgages in Las Vegas is 1.2%, which is higher than the national value of 1.1%.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

JULY 30, 2020

2018’s FRM interest rate increase decreased the principal amount homebuyers can borrow while making the same sustainable mortgage payment. Mortgage applications to purchase a home are increasing with the easing of restrictions. In Q4 2019, home prices were still slightly higher than a year earlier, but the spread has narrowed.

Marketing 139

Marketing Investor Sales As-is 139

Marco Santarelli

AUGUST 2, 2020

It seems they want to cash in on the opportunity to purchase their favorite properties amid a historically low-interest rate of 3.3 percent on a 30-year fixed-rate mortgage. While many have lost jobs, making them ineligible for a home mortgage, some sellers have taken their homes off the market. months to 5.4.

Marketing 142

Marketing Sales Pre-approval Investor 142