Will the Housing Market Maintain Its Momentum?
Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see ...
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Posted by James Chua on April 29, 2021 in Housing Market Update
4 Tips to Maximize the Sale of Your House
Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s ...
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Posted by James Chua on April 26, 2021 in News
How Much Time Do You Need To Save for a Down Payment?
One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get ...
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Posted by James Chua on April 20, 2021 in News
4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure
There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market....
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Posted by James Chua on April 13, 2021 in News
Some Buyers Prefer Smaller Homes
Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior ...
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Posted by James Chua on April 13, 2021 in News
Homeownership Is Full of Financial Benefits
A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home ...
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Posted by James Chua on April 9, 2021 in News
Don’t Sell on Your Own Just Because It’s a Sellers’ Market
In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of ...
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Posted by James Chua on April 9, 2021 in News
South Florida Housing Market Update [April 2021]
Hey, it's Andy with The Mandel Team at RE/MAX and we're here to bring you your April 2021 housing market update. As always, for the purposes of these videos we're going to be talking about single family homes only in Boca, Parkland and Coral ...
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Posted by James Chua on April 2, 2021 in Housing Market Update