Housing boom may be cooling, mortgage demand drops again.
KEY POINTS The average interest rate for 30-year fixed-rate mortgages decreased to 3.17% from 3.18% last week, but the Mortgage Bankers Association said applications for a mortgage to purchase a home fell 3% and were 2% lower than the same week a year ago. “Tight housing inventory, obstacles to a faster rate of new construction, […]
THE SECTION 721 EXCHANGE
That is correct…. not a 1031! We know people are tired of paying high taxes and are now migrating to our beautiful state of Florida. With that are often investment properties left behind in that state. Yes, you can 1031 exchange to like-kind properties or move from a 1031 into a 721 UPREIT. When updating […]
COVID-19 Property Showing Rules
Did you know that a recent survey during the COVID pandemic showed 68% of homeowners trust that their real estate agent is more valuable than three months ago? Buyers & sellers rely upon their agent to put them in contact with other professions while guiding the activities around their purchase & sale. The real estate […]
Happy Holidays! 2019
Happy Holidays! What a perfect time to sell! A few facts: ? Buyers love how inviting our homes are during the holidays with the decorations & smells of seasonal foods. ?Buyers are more motivated when they are out viewing the property during the holidays! ?There is less competition. ?Your home will sell closer to the […]
Fall 2019 has arrived!
The weather is changing & there is an early morning crispness in the air! Before you know it family & friends will be arriving for the holidays!! It’s a beautiful time of year & if you choose to sell your home & are concerned about showing with company…. not to worry.. buyers will love the […]
Selecting an agent to work for you!
In a world of self-promotion and online imagery… agents can say or post anything! The truth is you want an experienced agent who knows the process from value to negotiations and getting the deal closed! It requires their coordinating all the professionals and constantly moving the deal forward anticipating any bumps in the transaction and […]
America, let’s celebrate our freedom & our right to own property.
In the United States, one of our freedoms is that we can buy and sell real estate. We celebrate American Independence Day on the Fourth of July every year. Please take time this year to enjoy that liberty and reflect on what it is to be an American let’s celebrate our freedom & our right […]
The First of The existing Villages in Coral Gables
Within his project to develop Coral Gables, George E. Merrick decided that he would design small communities, or villages, within Coral Gables with different international influences. Chinese Village: inspired by Oriental architecture, all houses are linked by a common wall, creating a unique compound. Architect: Henry Killam Murphy. 1926-1927. Contributing properties: bounded by Sansovino Avenue, […]
It’s the Perfect Time to Sell!
School is out soon & if you want to be moved this summer let’s get together! Interest rates are low & so is the inventory. If you are positioned right, the process will move to fit your timeframe. Call me now! Lydia Thomas Broker Platinum Properties of Miami & The Beaches Lydiathomas.com 305-710-8584
It’s Not Too Late to Sell Your Property by December 31, 2018!
Do you want to close on your property and have the cash in the bank before the new year? Here’s what you need to do: 1.) CLEAN CLEAN CLEAN Clean out closets and cupboards Freshen linens, pillows & pet beds Repair, paint or replace 2.) PRICE TO SELL Get ahead of your competition by being […]