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Noel Veitia

NMLS ID 277729

305-851-5225 nveitia@dgpinnacle.com

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Blog Image: Summer is the New Spring for Real Estate [INFOGRAPHIC]

Summer is the New Spring for Real Estate [INFOGRAPHIC]

Some Highlights The health crisis slowed the market this spring, so buyers are jumping back into the market to make their moves this summer. Check these 10 items off your to-do list so your house is ready to sell while buying is hot! Let’s connect today to prepare your house for the sizzling summer market.

June 18th, 2020 | For Sellers, infographic, Move-Up Buyers, Summer is the New Spring for Real Estate [INFOGRAPHIC]

Blog Image: Real Estate Tops Best Investment Poll for 7th Year Running

Real Estate Tops Best Investment Poll for 7th Year Running

Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallup explained: “Real estate remains the most favored investment to Americans, as has been the case since 2013, when the housing market was on the rebound. More than a third of Americans have named real estate as the top investment since 2016.” This year’...

June 17th, 2020 | First Time Home Buyers, For Buyers, Real Estate Tops Best Investment Poll for 7th Year Running

Blog Image: What is an ARM loan?

What is an ARM loan?

While fixed-rate loans are one of the most popular choices for mortgage loans, there is another choice: the adjustable-rate mortgage or ARM loan. If you’ve ever wondered what an ARM loan is or why anyone would want one, here is what you need to know: ARMs Defined An adjustable-rate mortgage is a type of home loan with a short fixed-rate period, after which the interest rate is allowed to adjust periodically based on certain market indexes. How an ARM Works An ARM loan comes with an initial low-rate period of anywhere from one to ten years. During that time, your interest rate...

June 17th, 2020 | Adjustable Rate Mortgages, What is an ARM loan?

Blog Image: Three Reasons Homebuyers Are Ready to Purchase This Year

Three Reasons Homebuyers Are Ready to Purchase This Year

A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all homebuyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons buyers are more likely to move this year (see graph below): Let’s break down why these are a few of the key factors motivating buyers to actively engage in the home search process, and the corresponding wins for sellers as well. 1. Low Mortgage Rates The biggest reason potential homebuyers indicated they’re...

June 16th, 2020 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Three Reasons Homebuyers Are Ready to Purchase This Year

Blog Image: Is it Time to Sell Your Vacation Home?

Is it Time to Sell Your Vacation Home?

The travel industry is one of the major sectors that’s been hit extremely hard by the COVID-19 pandemic. Today, it’s hard to know how long it will take for summer travelers to be back in action and for the industry to fully recover. Homeowners who rent their secondary properties on their own or through programs like Airbnb, which has over 660,000 listings in the U.S. alone, have been impacted in this challenging time. Some of these homeowners are considering selling their vacation homes, and understandably so. A recent CNN article indicated: “With global travel screec...

June 15th, 2020 | For Sellers, Housing Market Updates, Pricing, Is it Time to Sell Your Vacation Home?

Blog Image: Three Things to Understand About Unemployment Statistics

Three Things to Understand About Unemployment Statistics

Many analysts believe unemployment could be greater than 20%. These numbers represent families across the nation that are not sure when (or if) they will return to work. The emotional impact on these households is devastating. There are, however, some small rays of light shining through on this issue. Here are three: 1. The actual number of unemployed is less than many are reporting The number of people unemployed is sometimes over-exaggerated. It seems that every newscaster talks about the 40+ million people “currently” unemployed. It is true that, over the last ten weeks...

June 12th, 2020 | For Buyers, For Sellers, Housing Market Updates, Three Things to Understand About Unemployment Statistics