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  • Nouveau développement: Missoni Baia

    Nouveau développement: Missoni Baia

    Le Missoni Baia situé à Edgewater célèbre l’attrait intemporel du front de mer tout en vivant dans un style zen et moderne. Il occupera une place importante sur l’horizon de Miami et sur le front de mer d’East Edgewater. Missoni Baia aura 57 étages et s’étendra de manière impressionante sur 200 pieds le long de la baie de Biscayne.

    Les nouveaux condos de luxe Missoni Baia à Edgewater captent l’esprit de l’innovation et de l’imagination propre à Missoni.

    A partir de $505,900 pour 1 chambre

     

    Si vous souhaitez investir dans un bien immobilier à Miami notre équipe VIAC est là pour vous conseiller en matière d’investissement immobilier mais également pour trouver la maison de vos rêves sous le soleil de Floride.

    N’hésitez pas à nous contacter.

     

  • Celine Dion’s Florida home sold for $39M

    Celine Dion’s Florida home sold for $39M

    Celine Dion finally found a buyer for her oceanfront Florida mansion equipped with a water park in the backyard.

    After initially hitting the market for a whopping $72 million in August 2013, the 20,000-square-foot estate in Jupiter Island sold for $38.5 million, per The National Post, nearly half of the original ask from nearly four years ago.

    The mammoth Palm Beach County property sits on over five acres and was built in 2010 by Dion and her husband, René Angélil, who passed away last year.

    The Bahamian-inspired home has 13 bedrooms, 14 bathrooms, a guest house, golf simulator, and over 400 feet of ocean frontage, but its most interesting feature has to be the water park, which entails a lazy river, water cannons, slides, and a tree house.

    The report also states the new buyer, who was not disclosed, will utilize the property as “a vacation home” because of course.

    Dion purchased the property for $7 million in 2008.

    SOURCE

  • Le Super Deal VIAC de la semaine !

    Le Super Deal VIAC de la semaine !

     

    Deal « OFF MARKET »
    Sublime Villa dans la ville de Jupiter en Floride,

    500 m2 habitable

    4,000 m2 de terrain

     

    • 5 chambres 5 salles de bains
    • 3 garages
    • Cuisine d’été
    • Piscine

     

    Prix : 799,000$
    Valeur du marché en l’état 1,250,000$,
    Valeur après rénovation: 1,850,000$
    Loyer potentiel, 7,000$ – 8,000$ par mois

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

  • The 5 Miami markets where home prices jumped the most in Q1

    The 5 Miami markets where home prices jumped the most in Q1

    A period of instability in Miami’s housing market is finally easing, as 2017 looks to be a year where doomsday predictions for the market give way to stability and growth, according to Douglas Elliman’s first quarter 2017 report.

    “We’re entering into a new period that I refer to as a reset,” said Jay Parker, CEO of Douglas Elliman Florida. “We are seeing somewhat better results than we did in 2016. The market, in general, is showing signs of stability.”

    Douglas Elliman’s report shows that some luxury markets, after years of skyrocketing prices and inventory, are settling into a period of growth in home prices. In fact, luxury areas lead the way in increases in median home cost, as four of the five markets with the biggest jump in price are in ritzy areas. Though some luxury markets had median home price increases, many also saw the average property’s days on market climb, suggesting that inventory is still a problem in some of these markets.

    Here are the five markets with the biggest spike in median home price in Q1 2017, according to Douglas Elliman.

    1. Bal Harbour:

    Median condo sales price (year-over-year change): $1.5 million (107 percent)

    Number of sales closed: 29 (-3.3 percent)

    Days on market: 179 (88.7 percent)

    2. Fisher Island:

    Median condo sales price (year-over-year change): $7 million (104.4 percent)

    Number of sales closed: 3 (-25 percent)

    Days on market: 234 (397.2 percent)

    3. Miami Beach:

    Median condo sales price (year-over-year change): $3.79 million (56 percent)

    Number of sales closed: 9 (no change)

    Days on market: 289 (252.3 percent)

    4. South Miami:

    Median single-family home sales price (year-over-year change): $528,000 (26.6 percent)

    Number of sales closed: 23 (-8 percent)

    Days on market: 68 (36 percent)

    5. Coconut Grove:

    Median single-family home sales price (year-over-year change): $1.72 million (25.6 percent)

    Number of sales closed: 14 (-26.3 percent)

    Days on market: 108 (18.7 percent)

    SOURCE

  • Mortgage Rates Surprise By Nearing 2017 Low

    Mortgage Rates Surprise By Nearing 2017 Low

    The 30-year fixed rate mortgage dropped lower for the third consecutive week and neared its low for 2017, Freddie Mac reports in its weekly mortgage market survey.

    “The 10-year Treasury yield was relatively unchanged this week, while the 30-year mortgage rate fell 4 basis points to 4.1 percent,” says Sean Becketti, Freddie Mac’s chief economist. “After three straight weeks of declines, the 30-year mortgage rate is now barely above the 2017 low. Next week’s survey rate may be determined by Friday’s employment report and whether or not it can sustain the strength from earlier this year.”

    Freddie Mac reported the following national averages with mortgage rates for the week ending April 6:

    • 30-year fixed-rate mortgages: averaged 4.10 percent, with an average 0.5 point, falling from last week’s 4.14 percent average. Last year at this time, 30-year rates averaged 3.59 percent.
    • 15-year fixed-rate mortgages: averaged 3.36 percent, with an average 0.5 point, dropping from last week’s 3.39 percent average. A year ago, 15-year rates averaged 2.88 percent.
    • 5-year hybrid adjustable-rate mortgages: averaged 3.19 percent, with an average 0.4 point, rising from last week’s 3.18 percent average. A year ago, 5-year ARMs averaged 2.82 percent.

    SOURCE

  • Miller: Miami housing market is ‘entering a period of greater stability’

    Miller: Miami housing market is ‘entering a period of greater stability’

    Among the highlights of the latest Elliman Report covering the first quarter of 2017, authored by Jonathan Miller of Miller Samuel, is the fact the overall housing market in Miami is becoming more stable, both on the coastal mainland and the beach.

    “Miami sellers traveled further to meet the buyers on price as they became more in sync with current conditions,” Miller said. “In 2016 the market reset after a multi-year boom giving sellers more time to adapt to the new market and as a result, we are entering a period of greater stability.”

    The numbers:

    Condos in Miami Beach and its barrier islands

    Median sales price declined by 5.4 percent to $340,000 (compared to last quarter). The number of sales climbed by 25.5 percent but was outpaced by a rise in inventory (+ 3.4 percent).

    Condos in the Miami coastal mainland

    Median sales price increased 1.4 percent to $227,750 (compared to last quarter). The number of sales increased by 1.3 percent while inventory dropped by 1.2 percent.

    Single-family homes in Miami Beach and its barrier islands

    Median sales price decreased by 22.6 percent to $1.2 million as Days on Market soared by 56.5 percent to 174 days while inventory actually decreased by 4.3 percent.

    Single-family homes in Miami coastal mainland

    Median sales price rose by 3.1 percent to $345,450 as Days on Market increased by 9.4 percent. The number of sales decreased by 4 percent and inventory decreased by 13.3 percent.

    Check out the overall snapshot for each market in the chart below.

    Miami housing market infographic

    SOURCE

  • Le Super Deal VIAC de la semaine !

    Le Super Deal VIAC de la semaine !

    Superbe appartement sur 2 étages en SAISIE DE BANQUE  en bord de baie sur le quartier branché d’Edgewater !

    Vue pleine baie 90 m2 avec balcon

    1 chambre

    1,5 salles de bains

    Superficie : 90 m2

     

    Belle hauteur sous plafond, sol en marbre, cuisine ouvert en ilôt

    Se loue $2800 par mois

    Prix :  $384,900

     

    Si vous souhaitez investir dans un bien immobilier à Miami notre équipe VIAC est là pour vous conseiller en matière d’investissement immobilier mais également pour trouver la maison de vos rêves sous le soleil de Floride.

    N’hésitez pas à nous contacter.

     

  • Average mortgage size reaches record high

    Average mortgage size reaches record high

    The average mortgage size is $318,200, which is the largest it has been in the 27-years of The Mortgage Bankers Association’s weekly purchase loan data survey.

    There are multiple factors leading to higher mortgages in the United States beyond larger and more expensive homes for sale, which include higher leveraging, strong demand and low supply of homes.

    The survey also found that the median mortgage size is five times the median annual income, while it was 3.3 times the median annual income when the survey began in 1990.

    With these larger mortgages, most first-time home buyers are putting down less than 20 percent for their down payment, according to the February 2017 REALTORS® Confidence Index Survey Report. Among all buyers, 62 percent made a down payment less than 20 percent, but 80 percent of first-time homebuyers put down less than 20 percent. The median downpayment for first-time homebuyers is six percent and 10 percent for all homebuyers.

    Many federal government-backed loans, including the Federal Housing Administration, Fannie Mae and Freddie Mac, allow less than three percent downpayment mortgages in order to attract first-time homebuyers. However, the National Association of Realtors’ 2016 Q3 Housing Opportunities and Market Experience (HOME) Survey found that only 13 percent of those 34 years old or younger believe they need a down payment of five percent or less.

    SOURCE

  • Calculator for Buyers: Purchase Now or Save More?

    Calculator for Buyers: Purchase Now or Save More?

    While nearly 40 percent of aspiring homeowners believe they need to put down 20 percent on a home purchase, the truth is the average down payment was just 11 percent in 2016, according to the National Association of REALTORS®. To help your clients understand the strength of their current financial profile when it comes to buying a home, mortgage industry blog MGIC Connects has created a Buy Now vs Wait calculator that can show them whether they’re better off waiting and continuing to save for a bigger down payment or buying now with less money upfront.

    The calculator factors in information such as the current rent your clients are paying, the amount of their monthly savings, and creditworthiness. Users can submit other information such as desired home price, the current amount of savings for a down payment, and an estimated interest rate. MGIC Connects offers the following example of how its calculator works:

    A consumer has saved $10,000 of the $40,000 needed for a 20 percent down payment. She can add about $6,000 a year in savings to that. She wants to purchase a $200,000 home. The calculator allows her to see the cost of the home purchase if she did a 3 percent or 5 percent down payment. The calculator also shows that if homes prices appreciate, say, at 3 percent annually, the amount she’d need a 20 percent down payment would be $48,552, and she would need more than 6 years of savings before she could buy.

    During that time, she will have paid more than $80,000 in rent, while her home equity position would be more than $72,000 had she bought six years ago. None of this is meant to encourage prospective borrowers to buy a home before they are ready. It is in everyone’s best interest for borrowers to succeed, so borrowers need to be comfortable not only with the mortgage payment but also the other responsibilities that come with homeownership.

    SOURCE

  • Wynwood Life Street Festival

    Wynwood Life Street Festival

    Le Wynwood life est de retour cette année !

    Un festival regroupant tout ce qu’on aime : Art, Mode, Musique, Cuisine et situé dans le très célèbre quartier de Wynwood.

     

    Le Wynwood life c’est :

    • Des artistes de rue qui peignent tous les jours sous vos yeux
    • 20 groupes de musique et DJ
    • Une galerie d’art “Art House”
    • Le “Style lounge and Runway” pour les fashionistas
    • Des arts culinaires avec le “Wynwood Culinary Showcase”
    • Plus de 150 marchands d’art et artisans
    • Les meilleurs food truck du sud de la Floride
    • ...

    Quand ?

    Le festival durera 3 jours, du 21 au 23 avril.

     

    Pour en savoir plus, c’est ici ! 

     

    Miami Beach au coeur des événements culturels et sportifs représente une ville dans laquelle il est intéressant d’investir, que ce soit pour acheter une maison, un appartement pour vous meme ou pour le louer sur courte ou longue durée.

    Notre équipe Viac est là pour vous renseigner sur toutes vos questions en matière d’achat ou d’investissement à Miami en Floride.

    https://www.viac-miami.com/

    https://www.instagram.com/viacluxuryrealestate/