If mortgage rates continue to rise, several potential effects can be expected on the real estate market:1. Decreased Affordability: Higher mortgage rates mean higher monthly payments for homebuyers. As a result, some potential buyers might find it more difficult to afford homes, especially in expensive markets. This could lead to...
Tag: interest rates
Interest Rates Impact Your House in the Market
Interest rates impact your house in the market. An increase in the interest rate can have a significant impact on the house market and lead to the slowdown we are currently seeing in many markets across the USA. Higher rates mean more people could be priced out of the current...
The Real Cost of Selling Your House
The real cost of selling your house can depend on location, fees, repairs and more. If you learn about what costs can be included and how to reduce them you'll be ready for a the unexpected. Here is a list of costs that are typically involved in selling your home....
Miami and lifestyle
Have you ever wondered what factors have led to the rise of life in Miami? We've conducted some extensive research and are here to share the most detailed insights with you. Urban development: Real estate has been a booming industry in Miami over the past few years, as it offers...
Kissimmee real estate market trends
1. Profitability The main goal of investing in a rental property is to earn income. Fortunately for a real estate investor, Kissimmee is very lucrative for both traditional and Airbnb rental properties. The average traditional and Airbnb rental income in Kissimmee is $1,466 and $2,498, respectively. The flexibility of choice...
When should I sell my home? Now vs Later
Selling a home can be a daunting task, especially during times of economic uncertainty and a declining housing market. It can be tempting to wait it out and hope that things improve, but in some cases, selling your home sooner rather than later may be the more beneficial option. In...
Are you looking before you sell your home?
Are you looking before you sell your home? If so, you’ve come to the right place. Here are the 10 essential steps to selling your home quickly and successfully. These steps include how to prepare the house for sale, evaluate the market value of the house, establish a competitive price...
The 5 most important events and fairs to do business in Miami
South Florida has become a business hub hosting some of the most important international fairs attended by professionals and investors from around the world. South Florida has become the gateway to the United States and Latin America for companies or investors interested in doing business in America. Thanks to its...
Rates Rise – House Prices Drop – Market Continues to Soften in Broward County
The market is certainly softening in South Florida and it will continue as long as rates stay high. Inventory is rising. The days of selling for over asking price are long behind us. The amount of price decreases on the MLS continues to increase. The 30 year fixed mortgage rate...
Recommendations for renting your commercial premises
1. Set the time: First, we suggest you set the period in which you want to give in renting your property, either a year, two, etc.; in this way you will have clear time you already rented your property, with it the future income you will have, to promote your...
