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Noel Veitia

NMLS ID 277729

305-851-5225 nveitia@dgpinnacle.com

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Blog Image: Homes Are More Affordable Today, Not Less Affordable

Homes Are More Affordable Today, Not Less Affordable

There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, however, just the price of a home that matters. Homes, in most cases, are purchased with a mortgage. The current mortgage rate is a major component of the affordability equation. Mortgage rates have fallen by over a full percentage point since December 2018. Another major piece of the affordability equation is a buyer’s income. The median fam...

January 27th, 2020 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing, Homes Are More Affordable Today, Not Less Affordable

Blog Image: There’s a Long Line of Buyers Waiting for Your House

There’s a Long Line of Buyers Waiting for Your House

If you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted, “Sellers tend to be more reluctant to list during the colder time of year when the market typically makes a seasonal slowdown.” However, a recent report by ShowingTime reveals how this year is different. Buyer activity is way up compared to the same time last year. The report explains, “...

January 17th, 2020 | For Sellers, Move-Up Buyers, There’s a Long Line of Buyers Waiting for Your House

Blog Image: 2020 Luxury Market Forecast

2020 Luxury Market Forecast

By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in the luxury space. That said, now is a perfect opportunity to take a look at the forecast for the 2020 luxury market. Three Things to Think About in the 2020 Luxury Housing Market 1. Prices The U.S. economy is strong today, with buying opportunities throughout the luxury end of the market. Thomas Veraguth, Str...

January 14th, 2020 | For Buyers, Luxury Market, Move-Up Buyers, 2020 Luxury Market Forecast

Blog Image: Top Renovations for Maximum ROI [INFOGRAPHIC]

Top Renovations for Maximum ROI [INFOGRAPHIC]

Some Highlights: If you’re planning on selling your house in 2020, these are the top renovations that will give you the highest Return on your Investment. Regardless of how long you’re planning on staying in your current home, it’s smart to be aware of which home renovations add the most value. The exterior of a house is the first thing buyers see when searching for a home. Upgrading your roof or siding will ensure your home leaves a great first impression!

January 9th, 2020 | For Sellers, infographic, Move-Up Buyers, Top Renovations for Maximum ROI [INFOGRAPHIC]

Blog Image: Big Demand for Small Homes

Big Demand for Small Homes

Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different.   Since 2015, the square footage of newly built houses has been shrinking, according to Yahoo Finances. This is not projected to change as we continue into the beginning of the year. “We expect this downsizing trend to continue in 2020, driven by a confluence of economic and demographic trends.” Why are smaller homes trending now? As noted in the article, there are a few main reasons for this demand: “Many ...

January 7th, 2020 | First Time Home Buyers, For Buyers, Move-Up Buyers, Big Demand for Small Homes

Blog Image: When a House Becomes a Happy Home

When a House Becomes a Happy Home

We talk a lot about why it makes financial sense to buy a home, but more often than not we’re drawn to the emotional reasons for homeownership. No matter the size or shape of a living space, the feeling of a home means different things to different people. Whether it’s a certain scent or a favorite chair, the feel-good connections to our own homes are typically more important to us than the financial ones. Here are some of the reasons why 1. Owning your home offers stability to start and raise a family From the best neighborhoods to the top school districts, even...

December 28th, 2019 | First Time Home Buyers, For Buyers, Move-Up Buyers, When a House Becomes a Happy Home

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