How Is The Miami Market As Of Sept 2016

How Is The Miami Market As Of Sept 2016

The big question most of my clients ask is; how's the current housing market? This question is usually derived because of the Real Estate bubble era of 2008. I have a very simple answer, the pre-bubble market was built on sub-prime loans. During that time many people obtained loans that they could not afford, in the contrary today we see that most people buy with a much stringent pre-approval process and interest loans are at an all-time low with 30 years fixed rates. This helps the economy stabilize the housing market. For many buyers with the correct down payment, they end up paying about the same or less than comparable homes that are for rent.

For more information on Miami Market click here: Freddie Mac’s Miami Market Index

Sergio Betancourt Headshot
Phone: 305-814-3134
Dated: September 12th 2016
Views: 316
About Sergio: Sergio Betancourt is a Licensed Real Estate Broker and founder of Viceroy Real Estate Group; he symb...

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