Jul 18, 2013 | BUYER'S ADVICE, IN THE NEWS, MIAMI MARKET CONDITIONS
The average rate on a 30-year fixed mortgage rose to a 2 year high this week, to 4.51 %. Rates have been rising steadily this year. Two months ago, the rate was 3.35% and 4.25% just last week. The average 15-year fixed mortgage rose from 3.39% last week to 3.53% this...
Jan 17, 2013 | BUYER'S ADVICE
With the new year ahead of us, we can now look back at 2012 and note that it was a great year for buyers. Data from last year shows that it was a favorable year for buyers who were able to obtain a mortgage, according to the National Association of Realtors. Towards...
Jun 15, 2011 | BUYER'S ADVICE, FORECLOSURES/SHORT SALES, IN THE NEWS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
Despite what appears to be a non-stop wave of tough news regarding real estate, four major media players have come out this month with the same advice: It Is Time to Buy a Home! The Wall Street Journal: Why It’s Time to Buy CBS Money Watch: Why the Time to Buy is Now...
Jan 13, 2011 | BUYER'S ADVICE, GOOD DEALS & WHAT'S SELLING, MIAMI REAL ESTATE
According to NAR, existing home sales were back on an upward track in November 2010, starting the growing trend again since bottoming in July. Home sales, which include townhomes, single-family, co-ops and condominuims, rose to 5.6% in November from 4.43 million in...
Dec 14, 2010 | IN THE NEWS, MIAMI REAL ESTATE
“What caused the housing market collapse?” The Restivo Team was asked that by a group of FIU students researching the real estate market in South Florida. A bit of this … a bit of that … Did it have something to do with Hurricane...
