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Continuing a trend from the first three months of the year, Florida’s housing market reported higher median prices and rising inventory in 2Q 2019, according to the latest housing data released by Florida Realtors®. . The statewide median sales price for single-family existing homes in 2Q 2019 was $265,000, up 3.3% from the same time a year ago, according to data from Florida Realtors Research department in partnership with local Realtor boards/associations. The statewide median price for condo-townhouse properties during the quarter was $195,000, up 2.9% over the year-ago figure. . Looking at Florida’s condo-townhouse market, statewide closed sales totaled 34,128 during 2Q 2019, down 1.4% compared to 2Q 2018. Closed sales typically occur 30 to 90 days after sales contracts are written. . In 2Q 2019, the median time to a contract (the midpoint of the number of days it took for a property to receive a sales contract during that time) was 41 days for single-family homes and 52 days for condo-townhouse properties. . Inventory was at a 3.9-months’ supply in the second quarter for single-family homes and at a 5.7-months’ supply for condo-townhouse properties, according to Florida Realtors. According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 4.0 percent for 2Q 2019, down from the 4.54 percent average recorded during the same quarter a year earlier. . SRC: Florida Realtors Org. .   #ALugoRealtyGroup     #RealEstateExperts     #NorthBeach     #Investments     #BestChoiceRealEstate     #Miami     #MiamiRe     #MiamiMarket     #SouthFlorida     #SouthFloridaProperties     #TheRealDeal     #Investment     #RealEstateOpportunities     #RealService     #Sell     #Own     #Invest  


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Fabulous Lifestyle at the prestigious and desirable Turnberry Ocean Colony 🌊☀️


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For sale! Desirable Coral Ridge neighborhood. 5/4, game room, spa room, sun deck, guest house and room for pool. Almost 5000 sq ft main building, almost 500 sq.ft guest house. 2404 NE 13th St, 33304 Offered at: $910k Comps:1.1mil to 2.6mil   #Globalrealestate     #YourBroker     #Godisgood     #MiamiRE     #Colombia     #Nicaragua     #Canada     #realestate     #gogetit     #dontstop     #Russia     #house     #casa     #FTL     #CoralRidge     #Investment     #investor     #fixandflip     #awesomedeal     #pricedright     #newlisting     #mutlipleoffers     #developers     #zoning     #builders     #gc  


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New FHA condo rules will give affordability a boost: The U.S. Department of Housing and Urban Development is expected to release updated guidance tomorrow on FHA-insured condominium financing. The new rules should benefit real estate clients and customers by allowing more buyers to obtain low down-payment mortgages on affordable housing options. Specifically, the new rules will: - Extend FHA certifications on condo developments from two years to three years, reducing the compliance burden on condo boards. - Allow for single-unit mortgage approvals—often known as spot approvals—which will enable FHA insurance of individual condo units, even if the property does not have FHA approval. - Secure additional flexibility in the ratio of investors to owner-occupants allowed for FHA financing in a condo building. The full guidance will go into effect in mid-October, 60 days from publication. “Condominiums are often the most affordable option for first time home buyers, small families, and those in urban areas,” said NAR President John Smaby, in a statement issued to the media Wednesday morning. “We are thrilled that (HUD) Secretary (Ben) Carson has taken this much-needed step to put the American dream within reach for thousands of additional families.” Since 2008, NAR has championed policy changes in condo lending. NAR has sought rules that would allow the owner-occupancy level to be determined on a case-by-case basis and that would extend the approval period for project certification to five years. NAR’s existing-home sales report for June showed condominium and co-op sales at a seasonally adjusted annual rate of 580,000 units, a decline of 3.3% from May and 6.5% from June 2018. With more than 8.7 million condo units nationwide, only 17,792 FHA condo loans have been originated in the past year. “This ruling, which culminates years of collaboration between HUD and NAR, will help reverse recent declines in condo sales and ensure the FHA is fulfilling its primary mission to the American people,” Smaby said.   #TheMarketIsHOT     #FindYourSpot     #HelpingOthersAchiveTheirDreamOfOwningAHOME     #YourRealtor     #MsGomez     #MsGomezSells     #Realestate     #MiamiRealestate     #MiamiRe  


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4% down payment assistance and you don’t have to pay Mortgage insurance! Call me today & let’s get you qualified!


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RealEstate  #Realtor    #Realty    #Broker    #ForSale    #NewHome    #HouseHunting    #MillionDollarListing    #HomeSale    #HomesForSale    #Property    #Properties    #Investment    #Home    #Housing    #Listing    #Mortgage    #HomeInspection    #CreditReport    #CreditScore    #Foreclosure    #NAR    #EmptyNest    #Renovated    #JustListed     #victorgonzalezrealtor     #miamire  


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"The way you present your listing is the way you present yourself. 🏡 📸Improve your Realtor brand with the boost of iUSE Photography.   #1   Best Real Estate Photography in SoFlo. 🖥 Book online www.iUSEphotography.com. 📞 1-888-414-5817. 📧 hello  @iUSEphotography  .com. 🎞 12 Professional HDR Photos $149. ☀️ Blue Sky Guarantee. ✅ High Quality & Editing included. ⏰ Next Day Delivery. 📍Service areas: Miami-Dade, Broward, Palm Beach & Martin County. 🎥 Availability: 1-3 Business Days. 📽 HDR photos, Twilights, Virtual Tour Video, Virtual Staging, Floor Plans, Drone and more!. For ordering, packages, prices & examples visit our website. 💻 . . . .   #realtorlife     #house     #dreamhome    #design     #luxuryrealestate     #luxuryhomes     #househunting     #NewHome     #Broker     #RealEstateInvestor     #Success     #Money     #Realty     #Investor     #motivation     #Realestatelife     #lifestyle     #MiamiRE     #Florida     #CoralGables     #Brickell     #MiamiBeach     #SouthBeach     #Aventura     #iusephotography     #iusepropertywebsite  


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🏠 The U.S. Department of Housing and Urban Development is expected to release updated guidance tomorrow on FHA-insured condominium financing. The new rules should benefit your real estate clients and customers by allowing more buyers to obtain low down-payment mortgages on affordable housing options. . “Condominiums are often the most affordable option for first time home buyers, small families, and those in urban areas,” said NAR President John Smaby, in a statement issued to the media Wednesday morning. “We are thrilled that (HUD) Secretary (Ben) Carson has taken this much-needed step to put the American dream within reach for thousands of additional families.”


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🚨 New rental listing 🚨 . . 6742 Sw 15th St, Miami, Fl 33134. . Charming 3 bedroom 2 bath single family home for rent. Property features new laminate floors throughout, remodeled bathrooms, and has been freshly painted inside. . Contact me today before it hits the market! . .   #wanttomove     #buythishome     #miamirealestate     #realtor     #forsale     #newhome     #househunting     #milliondollarlisting     #homesforsale     #property     #properties     #investment     #home     #listing     #listingagent     #mortgage     #homeinspection     #creditreport     #creditscore     #foreclosure     #miamire     #miamirealtor     #miamirealestate     #justlisted     #justlisted     #wanttomove     #miamirealtor  


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Have you previously been interested in condominium living, but found issues with affordability and large down payments? If so, take note of the new Federal Housing Authority (FHA) condominium loan policies that will come into effect in mid-October. For more details about how these new changes will benefit you, contact me directly. . . . .   #sell     #buy     #rent     #brickellhomes     #miamibeachrealestate     #miamihomes     #realestateinvestments     #luxuryliving     #homeownership     #miamirentals     #luxurylifestyle     #housing     #investment     #miamire     #investinflorida     #investinmiami     #floridahomes     #realestate     #miamibeach     #homesforsale     #luxuryhomes     #movetobrickell     #movetomiami     #coconutgrove     #keybiscayne     #downtownmiami     #aliciaschimmelrealestate     #miamicondos     #luxurycondosmiami  


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Honesty is the best policy, especially when there is hundreds of thousands of dollars on the line. Delivering bad news in a professional manner is far better than letting it hide underneath the surface until things get ugly. Get a   #RealCloser   on your side today and make those difficult conversations easier. . . . .   #TitleAnswers     #Title     #Answers     #honesty     #honestyisthebestpolicy     #closings     #closers     #closed     #closethedeal     #mlo     #mortgage     #financed     #lending     #professionalism     #realestate     #miamire     #miamirealestate     #coralgablesrealestate     #gablesrealestate     #westchesterrealestate     #realestatelife     #realty     #kendallrealestate     #kendallrealtor  


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💫STUNNING CONDO UNIT💫 Ready to be occupied unit features 2 bedrooms and 2 bathrooms with community pool and centrally located! For more information on this property contact us 📞 305.274.4700   #CompassRealtyGroup     #FindingYourWayHome     #YourTrustedRealtors     #hialeah     #MiamiRe     #RealEstateAgents     #Realtors     #SouthFlorida     #Sunset     #Kendall     #Doral     #Brickell     #Downtown     #MiamiBeach     #Buy     #Sell     #Rent     #ContactsUsToday     #miamirealtor     #miamirealtors  


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According to a 🇺🇸, research of the Center for Smell and Taste from   #TheUniversityofFlorida   one of the reasons why we like   #HomeStyleFood   is determined by genes 🧬. . The information of our ancestors 👨‍🦳👵preferences of food influences directly in our meal choices. Honor your roots ✨ and have a warm meal that taste like   #home  ! 🏠. . We’re open now at📍900 S Miami Ave   #130  . . .   #EggsAndBakery     #Empanadas     #ComfortMeal     #HomeMadeStyle     #WarmFood     #TastyMeal     #HealthyMeal     #FamilyTime     #MiamiRe  


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Substantially renovated modern home located in a great central location! Close to Downtown Miami, Airport, Expressways, & Beaches. This immaculate home features a new roof, concrete slab driveway, privacy fence, impact windows & doors, new kitchen w/ waterfall quartz counter top, under mount sink, Samsung stainless steel appliances, stone walls, high-hat LED lighting, new electrical wiring/panel, new AC, porcelain floors throughout, California closet, Zebra roll up shades, modern front load washer & dryer, electric water heater, new outdoor shed, aluminum covered terrace, completely remodeled bathroom and a huge backyard that is excellent for entertaining. This house is a MUST SEE! Contact me to schedule a showing before it’s gone. . 2 🛌 | 1 🛁 | $359,900 . Home61 Miami Inc 3401 N Miami Ave Ste 210 Miami, FL 33127 .   #miamirealestate     #miamirealtor     #home61experience     #liveinmiami     #realestate     #renovatedhome     #justlisted   #  #newhome     #firsttimehomebuyer     #fhaloan     #newhome     #miamire     #newcontruction     #homebuyers     #dreamhome     #modernhomes     #newlisting     #southfloridarealestate  


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One Thousand Museum ~ High-rise residential condominium⚜️


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🚨Just listed! 🚨 Location📍 19492 NW 11th St Pembroke Pines FL 33029 Price $500,000 4 🛏 2 🛁 Exquisite 4 bedroom 2 bath in the prestigious Pembroke Pines near A+ Rated schools. This House has a split floor plan. Master bedroom has his and her walk in closets. Kitchen is full equipped with stainless steal appliances, double oven, wood cabinets and granite counter top. This house has marble floors and wooden floors in the bedrooms. There is ample parking as the house includes a 2 car garage and 2 parking spaces in the driveway. Hurricane Impact windows, security cameras throughout the house and situated in a gated community for your safety. Seller is offering TV'S, surround sound system, security camera system & Foyer lamps ($30,000 value) to buyers who submit offer at full asking price! Motivated seller. P.S this is my very first listing! I am having an open house on Saturday August 17. 10 am - 1 pm. Please come by and realtors bring any clients that may be interested.


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✨🔑JUST SOLD🔑✨We would like to take the time to Congratulate Mercedes for closing this wonderful home.   #CompassRealtyGroup     #Compass     #YourRealEstateCompany    #MiamiRe     #RealEstateAgents     #Realtors     #SouthFlorida     #Sunset     #Kendall     #Doral     #Brickell     #Downtown     #MiamiBeach     #Buy     #Sell     #Rent     #ContactsUsToday     #miamirealtor     #miamirealtors     #miamirealtorsassociation  


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