About The Broker






Featured Listings

Local Market Statistics

real-time real estate market research



Virtual Tour Inventory WidgetGet Adobe Flash Player

__________________


eNewsletter Sign Up



Mortgage Calculator


Local Resources

Categories

Archives

When Is A Good Time To Buy A Home?

When Is A Good Time To Buy A Home?

Realtor:  Maya Paveza

When you’re ready to buy is the right time to buy.

Contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Real Estate Bidding Wars Are Back

Real Estate Bidding Wars Are Back

Pending-home sales in March hit their highest level since April 2010, spurring the return of real-estate bidding wars. Nick Timiraos reports on The News Hub.

Please contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

FAR Misses The Jumbo Mortgage Mark

dollar sign - tree - money grows on treesThe Florida Association of Realtors Early Bird News is typically a source of relevant and accurate industry news for Real Estate professionals and consumers alike. However, recently this publication has been the source of some misinformation that needs to be clarified.

On Friday June 5th Early Bird News included a link to a short article indicating that move up and luxury home buyers were holding off on purchasing homes “because they don’t want to pay jumbo mortgage rates“. If any buyer is not taking advantage of the incredible deals in Miami and Florida housing markets because they think jumbo rates are high then they are talking to the wrong mortgage banker.

Jumbo mortgage money is readily available and at rates that are below historic lows and in some instances even below conforming rates.


Here is a brief indication of current jumbo rates assuming loan amount greater than $1,000,000 with no points.

10% Down – 5/1 ARM 6.5%* 7/1 ARM – 6.75% 10/1 ARM – 6.875%

20% Down – 5/1 ARM 6.125% 7/1 ARM – 6.375% 10/1 ARM – 6.625%

35% Down – 5/1 ARM 4.75% 7/1 ARM – 5.125% 10/1 ARM – 6.00%

As you can see Read the rest of this entry »

Written by | Discussion: No Comments »

Copyright © 2008 Whats The Point of Aventura?     Log in     Design by Real Estate Tomato     Powered by Tomato Blogs



Michael Solovay on Zillow