Global commercial real estate investments by Asian investors may set a record based on the first half of this year. Among the country’s markets that are seeing the greatest amount of benefits, Miami comes in fourth place. Per reports, Asian investors spent over $600 million on Miami real estate, a dramatic rise of more than $30 million when compared to … Read More
Home Prices for U.S. homes Rise in August
Some good news for the housing market is emerging. The prices for U.S. homes managed to see positive gains during August as a greater number of homebuyers found themselves competing for fewer available properties. The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index saw a healthy gain of just over five percent in August, following a previous five percent … Read More
M&M Private Lending Is Heading to FAMP Miami Chapter Trade Show
We are excited to announce that we will be attending next month’s FAMP Miami Chapter Trade Show! The Florida Association of Mortgage Professionals is hosting the convention, which aims to advance the mortgage profession through education, ethical practice, and advocacy. The show will take place at the DoubleTree by Hilton Miami Airport Convention Center and will begin at noon. The … Read More
Banks May Not Offer the Best Rates
Experts suggest that borrowers may not be receiving the best mortgage rates due to the way banks price loans to attract investors and make a profit. Despite mortgage rates being at record lows, borrowers may not be getting the rates they deserve. Investors seeking alternative lending options can turn to private money lending. At M&M Private Lending Group, we offer … Read More
Investors Eye Real Estate Opportunities in 2017
The survey found that more than 90% of investors who have made previous investments are open to investing in property again, with over 80% planning to make a similar investment. Furthermore, about two in five respondents stated they will make their next investment within a year. Of note, the highest percentage of surveyed investors interested in future investment opportunities was … Read More
Foreign Investors Set Their Sights on Commercial Real Estate
Miami’s residential condo market may be slowing down, but foreign buyers are now focusing on income-producing commercial real estate properties. This is due to economic uncertainties in Latin America and financing opportunities. According to Real Capital Analytics, foreign investment in Miami commercial real estate rose to over $1.5 billion during January to July 2016. This represents an increase from $1.1 … Read More
South Florida Cities Come out on Top in Real Estate
South Florida real estate offers many opportunities for finding lucrative investment properties. Miami is a city that continues to attract both domestic and international investors. A recent survey confirms that The Sunshine State remains one of the best places for investing. GOBankingRates surveyed 61 of the 100 most populous cities to rank the best and worst for owning property. The … Read More
What’s the Deal with Mortgage Applications?
Housing experts believe that despite the low mortgage rates, mortgage applications should be higher than what they currently are. Total mortgage applications rose over 2.5% at the beginning of the month, largely due to the uptick in refinancing applications. However, homeowners who have already taken advantage of refinancing opportunities may not be as incentivized to do it again. Interest rates … Read More
Greater Downtown Miami Market Shows Positive Activity!
The Miami Downtown Development Authority has released a mid-year market report on Greater Downtown Miami, showing positive gains in the market. Although resale pricing among condominiums in Downtown Miami is down by 4%, the pre-construction market continues to show solid signs. Private lending opportunities for worthwhile long-term investment properties are ripe. M & M Private Lending Group, a hard money … Read More
