by Heloisa Arazi | Mar 12, 2021 | Uncategorized |
During 2020, U.S. homeowners gained a record o $1.5 trillion in equity despite the coronavirus pandemic. According to the latest Home Equity Report (fourth quarter of 2020) by CoreLogic, homeowners with a mortgage saw their equity increase by 16.2%. In total, the...
by Heloisa Arazi | Mar 11, 2021 | Uncategorized |
Multigenerational homes are extremely popular amongst homebuyers. In fact, from April to June, 15% of homebuyers bought this type of homes. That was the highest multigenerational-home buying rate since 2012. In 2012, 14% of buyers opted for multigenerational homes....
by Heloisa Arazi | Mar 11, 2021 | Uncategorized |
This week, the interest rate for a 30-year fixed mortgage rate averaged 3.05%. A year ago, the average rate was 3.36%. However, before last week, the average mortgage rates remained bellow 3% since July 2020. Right now, rates increased because the economy is...
by Heloisa Arazi | Mar 10, 2021 | Uncategorized |
A new North Miami Beach real estate project is moving forward. The North Miami Beach Planning and Zoning Board recently approved the 19-story, mixed-use, multifamily high rise. The project will be located at Northeast 163rd Street and 19th Avenue. At 224 feet, the...
by Heloisa Arazi | Mar 10, 2021 | Uncategorized |
During Spring, it is not unusual for the housing market to see an uptick. This year is no exception. Right now, the demand for mortgage applications is accelerating. In fact, the Mortgage Bankers Association reported that mortgage applications increased 7%, seasonally...
