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#realestate,#realtor,#realty,#forsale,#newhome,#househunting, #homesale,#listing,#housing,#miamirealestate,#yourfavoriteagent, #forsalebyowner,#realtorguillermo,#guillermorealestate,#sellwithguillermo,#buywithguillermo,#property,#broker,#brokerage,#century21guillermo,#JustListed,#luxuryhomes,#miamilife,#coralgables,#southflorida,#home,#realty,#DreamHome,#Homesforsale,#listing,#Forsale,#Househunting Expert Insights on the 2020 Housing Market When closing out another year, it’s normal to wonder what’s ahead for the housing market. Though there will be future  inventory issues , we expect interest rates to stay low and appreciation to continue. Here’s what three experts are saying we’ll likely see in 2020: Danielle Hale,  Chief Economist  at  realtor.com “I think the biggest surprise from the forecast is how long the market is staying in this low inventory environment, especially as Millennials are in a major home-buying phase…sellers will contend with fl...

Why You Shouldn’t “For Sale By Owner” Rising home prices coupled with the current inventory in today's market may cause some homeowners to consider selling their homes on their own (known in the industry as a  For Sale By Owner ). However, a FSBO might be hard to execute well for the vast majority of sellers. Here are the top 5 reasons not to FSBO: 1. Online Strategy for Prospective Purchasers Studies  have shown that 93% of buyers search online for a home. That’s a pretty staggering number! Most real estate agents have an Internet strategy to promote the sale of your home. Do you? 2. Results Come from the Internet According to  NAR , here’s where buyers found the homes they actually purchased: 55% on the Internet 28% from a Real Estate Agent 10% Other 6% from a Yard Sign 1% from Newspapers The days of selling your house by putting up a sign in your yard or placing an ad in the paper are long gone. Having a strong Internet strategy is crucial. ...

If you became a homeowner in 2019, or if you sold your property or turned it into a rental, check your mailbox starting today. The Miami-Dade County Property Appraiser is mailing out 15,000 homestead exemption forms to new homeowners in the county, along with 413,000 exemption renewal forms to existing homeowners.  Read More The Miami-Dade Property Appraiser Office is mailing homestead tax exemptions form out today.  JOHN BAZEMORE   AP Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/  12955 SW 42 St Suite 2, Miami, FL 33175  Cell: 786-232-1400

#realestate,#realtor,#realty,#forsale,#newhome,#househunting, #homesale,#listing,#housing,#miamirealestate,#yourfavoriteagent, #forsalebyowner,#realtorguillermo,#guillermorealestate,#sellwithguillermo,#buywithguillermo,#property,#broker,#brokerage,#century21guillermo,#JustListed,#luxuryhomes,#miamilife,#coralgables,#southflorida,#home,#realty,#DreamHome,#Homesforsale,#listing,#Forsale,#Househunting Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

#realestate,#realtor,#realty,#forsale,#newhome,#househunting, #homesale,#listing,#housing,#miamirealestate,#yourfavoriteagent, #forsalebyowner,#realtorguillermo,#guillermorealestate,#sellwithguillermo,#buywithguillermo,#property,#broker,#brokerage,#century21guillermo,#JustListed,#luxuryhomes,#miamilife,#coralgables,#southflorida,#home,#realty,#DreamHome,#Homesforsale,#listing,#Forsale,#Househunting 2020 Forecast Shows Continued Home Price Appreciation Questions continue to rise around where home prices will head in 2020. The latest  forecast  from  CoreLogic  shows continued appreciation at 5.4% over the next year: Additionally,  ARCH Mortgage Insurance Company  in their current  Housing and Mortgage Market Review  revealed their latest  ARCH Risk Index , which estimates the probability of home prices being lower in two years. Based on the most recent results, 32 of the 50 U.S. states (plus D.C.) had a minimal probability of lowering b...

Deseándoles paz, alegría y todo lo bueno que esta Navidad tiene para ofrecer. Que este increíble momento para dar y pasar tiempo con la familia les traiga la alegría que dura todo el año. Wishing you peace, joy, and all the best this wonderful holiday has to offer. May this incredible time of giving and spending time with family bring you the joy that lasts throughout the year. Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Sold properties in zip code 33165 for the  the last 7 days  Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Where is the Housing Market Headed in 2020? [INFOGRAPHIC] Some Highlights: Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020! According to  CoreLogic , home prices will appreciate at a rate of 5.4% over the course of the year. Experts predict that the number of homes sold next year will be equal to or outpace 2019. Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

The Biggest Issue Facing Housing Next Year This coming year the housing market will be defined by 3 things-  inventory ,  interest rates , and  appreciation .  But the biggest issue the housing market will face in 2020 is an inventory shortage.  There aren’t enough homes on the market for buyers, especially on the lower end of the market. This is a topic that has come up  frequently  within the past several months. Based on what is forecasted, we know that interest rates are projected to remain low and that appreciation is expected to continue as we move into 2020.  Additionally, the upcoming election will provoke many unique perspectives on the health of the US housing market. The challenge will be perceptive  to what is actually happening and how you can best position yourself if you are thinking of buying or selling your home. Here are several perspectives to consider on the inventory issue facing housing next year: According ...

La realidad de lo que estamos viendo este mes es que las casas se están vendiendo rápido. En un mercado de los vendedores , las guerras de ofertas son comunes y esperadas en las casas de nivel de  entrada  o las primeras casas. Lea más #REALESTATE #REALTOR #REALTY #FORSALE #NEWHOME #HOUSEHUNTING #HOMESALE #LISTING #HOUSING #MIAMIREALESTATE #YOURFAVORITEAGENT #FORSALEBYOWNER #REALTORGUILLERMO #GUILLERMOREALESTATE #SELLWITHSARA #BUYWITHGUILLERMO #PROPERTY #BROKER #BROKERAGE #CENTURY21GUILLERMO Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

December 2019: The Buyer Stakes Are High Because Inventory Is Low The reality of what we’re seeing this month is that homes are selling fast. In today’s strong seller’s market, bidding wars are common and expected with  starter  or entry-level homes. In most areas of the country, first-time buyers have been met with fierce competition throughout their homebuying experience. Some have been out-bid multiple times before finally going into contract on a home to call their own. Right now, inventory is the big challenge. Here’s what we know today: According to the latest  Existing Home Sales Report  from the  National Association of Realtors  (NAR), there is currently a 3.9-month supply of homes for sale, which can drive this kind of hefty buyer competition. Remember, anything less than 6 months of inventory is a  seller’s market . Even though the month’s supply of inventory is not increasing, ironically, the number of homes for sale is. This ...

For the South Floridians who may someday work at the proposed  American Dream Miami mega mall , they will have nearly 1,400 new affordable apartments to choose from as a place to live.   As published in the SOUTH FLORIDA SUN SENTINEL   Miami developer David Martin plans to build nearly 1,400 garden apartments near the planned site of the American Dream Miami mega-mall south of the Miami-Dade-Broward County line. (Terra / Courtesy) #REALESTATE #REALTOR #REALTY #FORSALE #NEWHOME #HOUSEHUNTING #HOMESALE #LISTING #HOUSING #MIAMIREALESTATE #YOURFAVORITEAGENT #FORSALEBYOWNER #REALTORGUILLERMO #GUILLERMOREALESTATE #SELLWITHSARA #BUYWITHGUILLERMO #PROPERTY #BROKER #BROKERAGE #CENTURY21GUILLERMO Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/  12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Monroe County charged a man for “knowingly and willfully” providing false information to officials, so he could get a homestead exemption on his property tax bill. Read more siraanamwong / Getty Images By The Key West Citizen Guillermo "Bill" Sanjurjo Realtor®  https://guillermorealtor.c21.com/  12955 SW 42 St Suite 2, Miami, FL 33175  Cell: 786-232-1400

Have You Budgeted for Closing Costs? Saving for a down payment is a key step in the home buying process, and it’s not the only piece you need to include in your budget. Another factor that’s important to plan for is the closing costs required to obtain a mortgage. What Are Closing Costs? According to  Trulia , “ When you close on a home, a number of fees are due. They typically range from 2% to 5% of the total cost of the home,  and can include title insurance, origination fees, underwriting fees, document preparation fees, and more .” For those who buy a $250,000 home, for example, that amount could be between $5,000 and $12,500 in closing fees. Keep in mind, if you’re in the market for a home above this price range, your costs could be significantly greater. As mentioned before, Closing costs are typically between 2% and 5% of your purchase price.   Trulia  gives more great advice, saying, “There will be lots of paperwork in front of you on c...

So, your bathroom is looking a little dated—or maybe a  lot  dated. You’re overdue for a refresh, but you don’t have the budget to bring in a team of pros for a gut rehab, and you’re not exactly the handiest homeowner in the world. Read more Guillermo "Bill" Sanjurjo Realtor®  https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC] Some Highlights: According to NAR’s latest  Profile of Home Buyers & Sellers ,  the median age of all first-time home buyers is 32. With more millennials entering a home buying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong. More and more “old millennials” (ages 25-36) are realizing that homeownership is now within their grasp, and they’re actively dominating the first-time home buyer market! Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400 Visit my website

Courtesy of Okan  Okan Tower in downtown Miami was inspired by the shape of a tulip. Read more at: https://www.bisnow.com/south-florida/news/construction-development/okan-tower-miami-102064?utm_source=CopyShare&utm_medium=Browser Billionaire developer Bekir Okan doesn't speak English and has never built a project in the U.S. before — his universities and developments are primarily in Turkmenistan and Kazakhstan. Nevertheless, right out of the gate, he intends to spearhead the tallest building in Florida. Read more>> Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Photo: Dimitrios Kambouris/Getty Images For WarnerMedi Call it a  real estate  double play. Baseball legend Pedro Martinez purchased a modern North  Miami  home from former big leaguer Alcides Escobar. https://www.nhregister.com/realestate/article/Hall-of-Famer-Pedro-Martinez-Buys-Sleek-Miami-14882011.php Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Caps Removed for VA Loan Limits : In 2020, veterans may be eligible to buy larger homes in pricier communities without a down payment. Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400 #Realestate,#Realtor,#Realty,#Forsale,#Newhome,#Househunting,#Homesale,#Listing,#Housing, #Miamirealestate,#Sellmyhome,#ForsaleByowner,#RealtorGuillermo,#GuillermoRealestate, #SellwithGuillermo,#BuywithGuillermo ,#Property, #Broker,#Brokerage,#Century21Guillermo,#Westchester,#Olympiaheights,#Universitypark,#coralterrace,#Doral,#Sweetater,#Kendalelakes

Affordability brings more focus to secondary markets  –  As more buyers are priced out of suburban environments near large metropolitan areas, they will begin searching for family-friendly lifestyles in other metros or across state lines. South Florida will continue to benefit from shoppers looking for more affordable alternatives to California, New York and others. Meanwhile, home seekers from expensive Northeast markets will find the warmer options in  Florida attractive.  Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400 #Realestate,#Realtor,#Realty,#Forsale,#Newhome,#Househunting,#Homesale,#Listing,#Housing, #Miamirealestate,#Sellmyhome,#ForsaleByowner,#RealtorGuillermo,#GuillermoRealestate, #SellwithGuillermo,#BuywithGuillermo ,#Property, #Broker,#Brokerage,#Century21Guillermo,#Westchester,#Olympiaheights,#Universitypark,#coralterrace,#Doral,#Sweetater,#Kendalelakes

Lawsuit: Trulia’s ‘Premier Agent’ Platform Is ‘Deceptive’ : A lawsuit that could be a class action alleges that Trulia’s Premier Agent program is “unfair” and “deceptive” because it diverts buyers away from listing agents. Guillermo "Bill" Sanjurjo Realtor® GUILLERMOREALTOR.C21.COM 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

The real estate industry has experienced a recent rise in millennial home buyers. These young adults accounted for 37% of home purchasers in 2018, the largest home buyer group last year, according to an  NAR study  released in April. Guillermo "Bill" Sanjurjo Realtor® guillermorealtor.c21.com 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Hedge fund billionaire Steven Schonfeld and his wife bought a sprawling Palm Beach estate for $111 million, making it the most expensive home ever sold in Florida.  Read more>> As published by  Robert rank   @ROBTFRANK   CNBC La Reverie, the six-acre estate on Palm Beach stretches over 70,000 square feet. Handout Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

During the second quarter of 2019, CoreLogic, together with RTi Research of Norwalk, Connecticut, conducted an extensive survey measuring consumer-housing sentiment among millennials. The survey showed that millennials are mostly unconcerned about qualifying for a mortgage. Three out of four millennials, or 75%, say they are confident they would qualify for a loan with their current financial situation. Still, despite this confidence, more than half of the cohort cites buying a home as a stressful experience, noting spending the majority of their savings as one of the leading stressors. Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Get an early indication of home price trends based on public record, servicing and securities real-estate databases as well as 40+ years of transaction history. HPI Top 10 Metros Change The CoreLogic HPI provides measures for multiple market segments, referred to as tiers, based on property type, price, time between sales, loan type (conforming vs. non-conforming) and distressed sales. Broad national coverage is available from the national level down to ZIP Code, including non-disclosure states. Read more>> Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com 2955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

5 Reasons to Sell This Winter Below are five compelling reasons to list your house this winter. 1. Demand Is Strong The latest  Buyer Traffic Report  from the  National Association of Realtors  (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase, and are in the market right now. More often than not, in many areas of the country, multiple buyers are competing with each other to buy the same home. Take advantage of the buyer activity currently in the market. 2. T here Is Less Competition Now Inventory  is still under the 6-month supply needed for a normal housing market. This means in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. Historically, a homeowner would  stay  an average of six years in his or her home. Since 2011, that number has hovered between nine and ten years. There i...