Despite the fact that a greater number of borrowers are taking advantage of considerably low mortgage rates, housing experts believe that mortgage applications should be higher than what they currently are. Per the Mortgage Bankers Association (MBA), total mortgage applications rose over 2.5 percent during the beginning of the month, including applications for home purchases and refinancing. This increase was … Read More
The Miami Downtown Development Authority released its mid-year market report focused on Greater Downtown Miami, showing positive gains in the market. Despite domestic and global headwinds that have affected the velocity and depth of market activity, slower sales have reinforced a more normalized sales pace, ensuring that current activity in the market remains strong. Resale pricing among condominiums in Downtown … Read More
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