Tips To Save For A Home Purchase

It is never too early to think about and implement strategies to save for a home.

According to a recent survey from Fannie Mae, only 19% of Americans believe that now is a good time to buy a home. Of course, given the high home prices, rising mortgage interest rates, and persistently high inflation, this is not too surprising. With virtually the cost of everything rising, it is quite understandable why… Continue reading Tips To Save For A Home Purchase

Price Per Square Foot In Real Estate

It is important to focus on more than just the price per square foot in real estate.

Having sold real estate in South Florida spanning across several decades, we have seen some trends come and go. With this said, one thing has remained constant. When it comes to valuating properties, sellers believe that their property is the Taj Mahal. Meanwhile, the same property to a prospective buyer is a run down shack.… Continue reading Price Per Square Foot In Real Estate

How To Increase Your Credit Score To Buy A House

Tips to improve your credit score when obtaining a home loan.

The true cost of buying a home is not only related to the purchase price. In addition, you also need to factor in the many years of interest that you will be paying on your mortgage as well. Therefore, it is important to try and obtain as low of a mortgage interest rate as possible.… Continue reading How To Increase Your Credit Score To Buy A House

Good News For First-Time Homebuyers

The FHA recently announced some welcomed news for first-time homebuyers.

There is no doubt that the current economic climate has brought upon many challenges for homebuyers. Of course, perhaps no group has been met with more challenges than first-time homebuyers. In addition to high home prices and a tight inventory, these buyers are also contending with mortgage interest rates that are double where they were… Continue reading Good News For First-Time Homebuyers

The Most Family-Friendly City In Florida

Coral Gables was the lone Florida city to be named in the top 15 most family-friendly cities in a recent publication.

Finding a great home in the current housing market can be challenging, particularly given the tight inventory seen across the country. Add in a family and this challenge becomes even more difficult. Nowadays, it is common for a family home to require two office spaces for both parents working remotely while also providing good school… Continue reading The Most Family-Friendly City In Florida

A Buyer’s Market In 2023?

A housing market in transition could be welcomed news for home buyers.

If you have been house hunting over the past few years, then there is no doubt that you have likely experienced some frustration. Whether it is the lack of inventory of homes for sale or losing out to other buyers in bidding wars, it has been quite a challenging market for home buyers. With this… Continue reading A Buyer’s Market In 2023?

What Is The Best State To Retire In?

Florida continues to be the top retirement destination in the U.S.

Post-career goals vary for many Americans. Whether retirement means moving closer to the grandchildren, playing more golf, or simply relaxing on a beach somewhere, many Americans have a plan of how they would like to spend their retirement years. Of course, in South Florida we are quite familiar with retirees opting to change their latitudes… Continue reading What Is The Best State To Retire In?

Published
Categorized as Home Buying

Pros And Cons Of Buying A Townhouse

Buying a less expensive townhouse may be a great alternative to a more expensive single-family home.

Read any articles about real estate these days and chances are the skyrocketing prices of single-family homes will be discussed. Of course, it is not only single-family homes that have risen. After all, the tide rises all boats. Therefore, we have also seen a rise in the multi-family sector of the market as well. As… Continue reading Pros And Cons Of Buying A Townhouse

Published
Categorized as Home Buying

A Shift To A Buyer’s Market

The market is shifting from a seller's market to a buyer's market.

There is no doubt that home buyers have faced challenges in the recent years. Skyrocketing prices, a lack of inventory, and bidding wars are just a few of these challenges. Fast forward to 2022 and out-of-control inflation resulting in rapidly rising mortgage interest rates are only compounding the problem now. With this said, there could… Continue reading A Shift To A Buyer’s Market

Published
Categorized as Home Buying

Will Student Loan Forgiveness Increase Millennials Homeownership Rate?

Could we see an increase in home ownership due to student loan forgiveness?

On August 24, 2022 The Biden Administration announced that most federal student loan borrowers will be eligible for some student loan forgiveness of up to $10,000. For low-income undergraduate students that received a Pell Grant, this amount could be up to $20,000. According to the U.S. Department of Education, a simple application for these borrowers… Continue reading Will Student Loan Forgiveness Increase Millennials Homeownership Rate?

Published
Categorized as Home Buying