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Showing posts from September, 2019

¿Cómo la oferta de casas para la venta impacta la demanda de los compradores?

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La última edición del  Realtors Confidence Index  de NAR arroja algo de luz sobre la relación entre el tránsito del vendedor (el suministro) y el tránsito del comprador (la demanda). Hasta que la oferta de las viviendas para la venta comience a satisfacer la demanda de los compradores los precios seguirán aumentando. Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

How Does the Supply of Homes for Sale Impact Buyer Demand?

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The price of any item is determined by supply, as well as the market’s demand for the item. The  National Association of REALTORS  (NAR) surveys  “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions”  for their monthly  REALTORS Confidence Index . READ MORE Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Should Buyers Be Worried About Permit Code Violations?

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 Failing to obtain required permits can result in code violations. A seller should have already taken care of these details, but should a buyer be concerned anyway? Read more Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Baseball star Manny Machado drops $11.3 million on Florida mansion

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MLB star Manny Machado has swung for the fences in the Sunshine State, shelling out $11.3 million for a waterfront mansion in Coral Gables, Fla. Read more As published in Los Angeles Times by jack Fleming Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]

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Find out the difference a year can make! Read more Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

¿Cuál es el costo de esperar hasta el próximo año para comprar? [Infografía]

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Descubra la diferencia que un año puede hacer. Lea más . Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Are You Ready for the ‘Black Friday’ of Real Estate?

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Are You Ready for the ‘Black Friday’ of Real Estate? Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a strategic shopping agenda, determining exactly when to arrive at each store, and capturing a wish list of discounted must-have items to purchase. But what about buying a home? Is there a ‘Black Friday’ for the home-buying process? Believe it or not, there is. According to a  new study  from  realtor.com ,  the week of September 22 is the best time of year to buy a home,  making it ‘Black Friday’ for home buyers. After evaluating housing data in 53 metros from 2016 to 2018,  realtor.com  determined that the first week of fall is when buyers  “tend to find less competition, more inventory, and the biggest reductions on list price. ” The report explains, “During the first week of fall, buyers tend to face 26% less competition from other buyers, and they are likely to see 6.1% more homes avail

¿Está listo para el ‘viernes negro’ de bienes raíces?

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Según un   nuevo   estudio   de  realtor.com ,  la semana de septiembre 22 es el mejor momento del año para comprar una casa , convirtiéndolo en el ‘viernes negro’ para los compradores de vivienda. Lea más Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Home Offices Are Increasingly in Demand

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More people are working from home, and that is having a big effect on their real estate needs, The New York Times reports. About 24% of employed people in the U.S. worked at least part of the time at home last year, according to the U.S. Bureau of Labor Statistics. Among those with advanced degrees, 42% worked from home part of the time. In a separate survey by John Burns Real Estate Consulting of 23,000 new home shoppers, about 30% of respondents said they worked at home between one and four days a week; 13% worked at home full time.  Read more. Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Homeowners Have Never Been Richer

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Florida's homeowners have seen their equity rise by 9% year over year, according to CoreLogic’s Home Equity Report. See the complete report Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

More People Feel Positive About Buying, Selling

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In the third quarter of 2019, 63% of people believe that now is a good time to buy a home, which is down slightly from the previous quarter. Thirty-four percent believe that strongly, and 29% believe that moderately. Only 37% of people believe that now is not a good time to buy a home. Seventy-four percent of people believe that now is a good time to sell a home, which is a slight increase over last quarter at 73%. Those that feel that strongly decreased slightly from 46% in Q2 to 45% in Q3 2019. Twenty-six percent believe that now is not a good time to sell a home. Download survey Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

4 Reasons to Sell This Fall

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4 Reasons to Sell This Fall [INFOGRAPHIC] Some Highlights: Buyers are active in the market and often competing with one another for available listings. Housing inventory is still under the 6-month supply found in a normal housing market. Homes are still selling relatively quickly, averaging 31 days on the market. Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400
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What Buyers Need to Know About HOAs When searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you. According to a recent article on  realtor.com , “In a nutshell, an HOA helps ensure that your community looks its best and functions smoothly…The number of Americans living in homes with HOAs is on the rise, growing from a mere 1% in 1970 to 25% today, according to the Foundation for Community Association Research.” An HOA is governed by a board nominated by those living in the neighborhood. It is designed to make sure the residents have a support structure to maintain the value of the community while abiding by a set of guidelines called  Common Restrictive Covenants  (CC&R), “Simply put, CC&Rs are just the rules you'll have to follow if you live in that community. Unlike zoning regulations, which are government-imposed requ

Lo que los compradores necesitan saber sobre las asociaciones de propietarios

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Al buscar una casa, puede terminar seleccionando una propiedad en una comunidad con asociación de propietarios ( HOA por sus siglas en inglés-   Home Owners Association ). Antes de comprar, es importante saber cómo funciona la asociación de los propietarios y lo que significa para usted. Read more Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Up to 1 in 4 Married Couples Want Separate Bedrooms

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  Read more. Buyers may not admit it, but more are sleeping in separate bedrooms and may prefer listings that make it happen. It’s a sleep thing, not a relationship thing.  Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Successful Class Action Suit Puts Condo Boards On Notice

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Under Fla. law, condo transfer fees can’t exceed $100, a limit that’s often ignored. However, that may change. A Miami condo board that charged $350 for screening and move in/move out fees has agreed to pay up to $300K to settle a class action lawsuit.  Read more Guillermo "Bill" Sanjurjo Realtor®  12955 SW 42 St Suite 2, Miami, FL 33175  Cell: 786-232-1400

Mortgage Rates Help Buyers Save on Monthly Payments

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The typical mortgage payment dropped 6.1% year over year in June, CoreLogic reports. Read more.  Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Millennial Buying Power Poised to Boost Homeownership

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Millennial Buying Power Poised to Boost Homeownership In a recent article by  Realtor Magazine , Mark Fleming,  Chief Economist  of  First American Financial Corporation , notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues to describe how millennials have more  buying-power  than the generations that preceded them, making their interest in embracing homeownership stronger than ever, “Millennials—the most educated generation—have the highest incomes across their generational cohorts, even when salaries are adjusted for inflation.” This combination of power and desire has the potential to drive positive growth in the homeownership rate heading into the near future. According to Fleming, ‘“The gap between the potential and actual homeownership in 2018 narrowed slightly as the growth in homeownership modestly exceeded the increase in potential demand,” he says, citin

San Francisco’s least expensive home still costs $600G

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If a one-bedroom, one-bath cottage with no garage or backyard for over half-a-million dollars sounds like your cup of tea, then get our your checkbook. Read more Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Is Miami Experiencing a slow down in rent growth?

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Miami is building the largest number of new apartments compared to all other U.S. cities, with 6,989 units expected to be supplied by the end of the year. Doral, which is west of Miami International Airport, will be adding 311 units. READ MORE As published by:David Lyons SOUTH FLORIDA SUN SENTINEL | SEP 06, 2019 | 12:11 PM Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Reasons to hire a Realtor ®

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A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC] Some Highlights: Hiring a real estate professional to help you buy your dream home or sell your current house is one of the most powerful decisions you can make. A real estate professional has the experience to help you confidently navigate through the entire process. Make sure you work with someone who knows the current market conditions and can simply and effectively explain them to you and your family. Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Neighborhood Report for Miami, 33165

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University Park Olympia Heights Westwood Lakes Neighborhood Report for Miami, 33165 Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400