Tagged : homes

Found 33 blog entries tagged as "homes".

The below infographic illustrates the necessary steps you will need to take when buying your dream home or condo. 

infographic - 10 steps to buying a home | www.johnsabia.com/blog

Number 3 is where I come in. Let me beyour resource for guiding you thru steps 4 thru 10. My 30+ years experience selling homes and condos in Fort Lauderdale will ensure your buying transaction is as smooth and stress free as possible.

I have a network of people already in place to help from the start to the finish line!

Even if you are not ready just yet. Let's have a quick conversation to find out your needs and wants and get you on the right pathway from the beginning to your goal of becoming a home owner.

You can reach me directly at 954.850.2397.

START YOUR FORT LAUDERDALE HOME SEARCH BELOW:

 

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Five compelling reasons Selling your home or Condo this summer makes sense.

1. Strong Buyer Demand: The most current Buyer Traffic Index from the National Association of Realtors (NAR) reports that buyer demand continues to be strong across the vast majority of the country. These home buyers are ready, willing, and able to step up and make a purchase. These buyers are in the market right now!

Very often, more than one buyer is competing for the same property. Take full advantage of the home buyer activity presently in the market.

2. Less Competition: Inventory for homes and condos is at or just under the 6-month supply needed for a normal real estate In other words, there are not enough homes and condos for sale to satisfy the demand from

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Pet Friendly HOmes Sought by buyers

One of the many reasons for Owning your own home is the opportunity to bring your four-legged family member along with you. A recent study by NAR (National Association of Realtors) found that a love for our pets, has had a significant impact on the home buying and selling process.

In 2018, more than 72 billion was spent on pets in the United States. William E Brown, NAR's President elaborated on the connection between pet owners and their property search.

Mr. Brown suggested, "It is important to understand the unique needs and wants of animal owners when it comes to home-ownership. Realtors® understand that when someone buys a home, they are buying it with the needs of their whole family in mind; ask pet

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www.johnsabia.com blog photo - Lauderdale By The Sea Florida

Lauderdale By The Sea Fort Lauderdale

Lauderdale By The Sea is a small, quaint beach community located just north of Fort Lauderdale, east of the Intracoastal Waterway and often referred to as the "shore diving capital of South Florida."

A market update during the month of October, shows that there were 3 Closed sales:

Address Bed/Baths Year Built List Price Sold Price Sold Date Days On Market
1936 SAILFISH PL 3/2 1960 $525,000 $500,000 10/05/18 8
270 MIRAMAR AVE 3/2 1957 $624,900 $600,000 10/16/18 3
232 CORSAIR AVE 4/3 1963 $850,000 $820,000 10/18/18 162

What's your Home Worth? See a quick online Fort Lauderdale Property

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blog photo - lack of housing inventory - www.johnsabia.com

The Impact of A Lack Of Housing Inventory

 As the housing market travels down the road to complete recovery, the housing bust of a decade ago is a faded memory. Home values have increased, home and condo sales are up, and distressed properties (short sales and foreclosures) have dropped to the lowest points in years. Forecasts for the housing market the rest 2018 is a continued strengthening.

However, the shortage of inventory may be a cause for concern. Buyer Demand typically rises during the summer months, however, the supply of properties is not keeping up with the demand.

Industry Expert's Take

NAR's Chief Economist, Lawrence Yun was quoted as saying, "The worsening inventory crunch through the first 3 months of the year inflicted even

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Parents Say Their Kid's Opinion On What House To Buy Matters

Harris Poll recently released a study by Sun Trust Mortgage reporting that "55% of homeowners with a child under the age of 18 at the time when they purchased their home said that the opinion of their child played a significant part in their decision to buy."

Diving further into the report by parent's age, millennials (18-36 year olds) lead the pack with 74% of home-owners stating that the opinion of their child was a big contributing factor in choosing the home they purchased. 

83% of renters believe that their child's opinion on which home to purchase will be a significant factor in their decision process when they begin looking at homes for sale or condos for sale.

With That

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As the 2015 year ends, the overall picture for real estate across the country is very positive. With improved job numbers and mortgage rates still at fairly low levels, home sales have driven the best results in the real estate market since the recovery began. Usually, during the last few months of the year as most of the country faces the winter weather, real estate activity tends to slow down. However, that is not the case for this year.

Findings from the US Department of Housing and Urban Development (HUD®) most recent scorecard which monitors key market data and recovery efforts, real estate activity had continued strong into October. According to the report, there was a 10.7 percent rise in sales for new construction homes sold in October combined

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Recent findings from Freddie Mac’s Multi-Indicator Market Index show over the last twelve months, states and metropolitan areas who’s real estate markets have regained their stable activity range has doubled. The MiMi looks at real estate markets across the country and measures houses for sale and condos for sale in these markets against their long-term average to understand how quickly these markets have bounced back.

The study shows the national real estate housing market is reaching the outer limits of stable activity, however, it is still significantly lower than it’s highest level. Freddie Mac’s deputy chief economist, Len Kiefer says markets in general are coasting at their own individual pace. He said, “When we observe MiMi's annual improvement,

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The latest Weekly Applications Survey conducted by the Mortgage Bankers Association® finds demand for home purchase is currently up 29 percent higher than for the same period in 2014. Since purchase application demand is widely looked at as a reliable gauge for future home sales, predictions are that we will see a sales bump in the coming months.

The good news was revealed during a week that found loan demand to purchase homes for sale and condos for sale very much flat from the previous week and at the same time mortgage rates rose. Rates for mortgages were higher for all types of loans including conforming and jumbo loans for 30-year fixed rates, FHA backed loans and 15-year fixed rate loans.

Even with the small increase, demand to refinance was

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