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.”. Single-family home sales decreased 38.5%

Sales

Realty Biz

MARCH 21, 2023

Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released today by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) systems.

Sales

Realty Biz

SEPTEMBER 23, 2023

Understanding the mortgage process, including prequalification and pre-approval, is also essential. Buyer agents can provide valuable support in various situations, such as buying a new home or purchasing a foreclosure. Understanding the Mortgage Process When purchasing a home, understanding the mortgage approval process is essential.

Purchase and sale agreement

HomeLight

JULY 6, 2023

Financing contingency Sometimes called a mortgage contingency , this specifies that the deal hinges on the buyer securing their loan. Some MLSs limit “coming soon” status to 21 days unless the property is new construction or undergoing major renovations without occupancy. Closed”- Consider these listings sold.

MLS

The Close

DECEMBER 19, 2022

Ben Caballero , the most successful real estate agent in the world in terms of closed sales for the last decade, works exclusively with developers on new construction projects. It offers security, guaranteed inventory, and usually a support team that handles marketing and scheduling. Identify an Underserved Niche in Your Market.

Agents

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. Mortgage rates remain low and may slide under 3 percent by the end of the year.

Marketing

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

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. The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. Short sales dropped -38.1%

Marketing

HomeLight

JULY 31, 2021

In particular, as a San Antonio investor Dickout is seeing a surge of new builds on the Northwest side of San Antonio, which can pose a challenge for sellers of existing homes. The amount of new construction may create a challenge for some sellers, particularly if their property needs some work.

Investor

HomeLight

APRIL 29, 2021

A strong economy, reticent home sellers, and lagging new construction all contribute to a seller’s market. Too few resale homes for sale. These factors can swing the market away from a seller’s favor: Surplus of resale homes and new builds. A flood of homes for sale gives homebuyers more options to choose from.

Marketing

Marco Santarelli

AUGUST 21, 2020

The entire South Florida housing market — and Miami in particular — saw a decline in sales over the past few months due to the COVID-19 pandemic. In June, a report released by the Miami Associaltion of Realtors said that they expect an increase in sales in the coming months due to falling mortgage interest rates.

Marketing

Marco Santarelli

JULY 9, 2021

With a strong economy and low mortgage rates, buyer activity has been very strong in 2021. According to new data from local realtors, seller activity in May grew slightly, up 2.6 Condo sales rose 98.3 Townhome sales increased 13.6 Traditional sales rose 16.6 Foreclosure sales were down 35.8

Marketing

Marco Santarelli

MAY 31, 2022

Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in July 2019. Following the housing market decline in 2007, single family rental properties became favorable options for investors, saving in construction or refurbishment prices. Homes for Sale in Asheville.

Marketing

Marco Santarelli

JULY 27, 2020

While many have lost jobs, making them ineligible for a home mortgage, some sellers have taken their homes off the market. Double-digit declines for California home sales. Mortgage credit remains difficult to obtain. F or buyers in Sacramento County, mortgage rates are at their lowest. Unemployment expected to exceed 20%.

Marketing

Marco Santarelli

SEPTEMBER 11, 2021

Demand is still outpacing the supply, the new construction is slow, and competition for quality homes remains tough. Because of strong buyer demand, fueled by low mortgage rates, prices are rising steadily, making now an excellent time to be a seller or current homeowner. 1 Month Ago. 1 Year Ago. Active Inventory. 221,750+3%.

Marketing

Redfin

MAY 5, 2025

Real estate auctions are another way to find fixer-upper homes for sale. Finally, consider looking at foreclosures and short-sale properties as theyre often sold below market value. Some loans allow you to combine the homes price and renovation costs into one mortgage. Down payment amount: 3.5% Down payment amount: 3.5%

Renovation

Marco Santarelli

FEBRUARY 1, 2022

There are 54 new construction single-family homes for sale in Bellevue within a price range of $695,000 to $5.5M. You can find affordable new construction homes in the Eastgate-Cougar Mountain neighborhood. The percent of delinquent mortgages in Bellevue is 0.2%, which is lower than the national value of 1.1%.

Marketing

Real Trends

OCTOBER 21, 2022

Are we on the all-new crazy train, destined to crash off the cliff in a pile of short sales and foreclosures? Are distressed sales headed to your market? The headlines say that the influx of active listings will drive prices down, reduce the velocity of sales and, consequently, wreck the market.

New Construction

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%. less than the 109 distressed sales in July 2019.

Marketing

Realty Biz

JUNE 24, 2022

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami’s existing condo sales decreased 7.9% Single-family home sales decreased 12.3%

Sales