Where Are The Home Prices Heading In The Next 5 Years?

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Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.

Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.

The results of their latest survey:

Home values will appreciate by 5.0% over the course of 2017, 4.0% in 2018, 3.2% in 2019, 3.0% in 2020, and 3.0% in 2021. That means the average annual appreciation will be 3.64% over the next 5 years.

The prediction for cumulative appreciation increased from 17.8% to 18.4% by 2021. The experts making up the most bearish quartile of the survey are projecting a cumulative appreciation of 6.7%.

Bottom Line

Individual opinions make headlines. We believe this survey is a fairer depiction of future values.

Contact Us:

Ivan Parada
Real Estate Advisor


Cell: 786.991.5551
Skype: iparada1
E-mail: ivanparada7@gmail.com
2813 Executive Park Dr #102,
Weston, FL. 33331. U.S.A.
"Our Passion Is To Serve You With Integrity And Excellence, Our Vision Is To Help You Invest In A Wise And Profitable Way, And Our Mission Is To Exceed Your Expectations!"

Why Is It Important To Use A Professional To Sell Your Home?

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When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers, the most important result is actually getting their homes sold.

In order to accomplish all three goals, a seller should realize the importance of using a real estate professional. We realize that technology has changed the purchaser’s behavior during the home buying process. According to the National Association of Realtors’ 2016 Profile of Home Buyers & Sellers, the first step that “…44% of recent buyers took in the home buying process was to look online at properties for sale.”

However, the report also revealed that 96% of buyers who used the internet when searching for homes purchased their homes through either a real estate agent/broker or from a builder or builder’s agent. Only 2% purchased their homes directly from a seller whom the buyer didn’t know.

Buyers search for a home online but then depend on an agent to find the home they will buy (50%), to negotiate the terms of the sale (47%) & price (36%), or to help understand the process (61%).

The plethora of information now available has resulted in an increase in the percentage of buyers who reach out to real estate professionals to “connect the dots.” This is obvious, as the percentage of overall buyers who have used agents to buy their homes has steadily increased from 69% in 2001.

Bottom Line

If you are thinking of selling your home, don’t underestimate the role a real estate professional can play in the process.

Contact Us:

Ivan Parada
Real Estate Advisor


Cell: 786.991.5551
Skype: iparada1
E-mail: ivanparada7@gmail.com
2813 Executive Park Dr #102,
Weston, FL. 33331. U.S.A.
"Our Passion Is To Serve You With Integrity And Excellence, Our Vision Is To Help You Invest In A Wise And Profitable Way, And Our Mission Is To Exceed Your Expectations!"

AQUABELLA NEW HOMES AND TOWN HOMES FOR SALE IN HIALEAH GARDENS

AQUABELLA - THE BLOSSOM COLLECTION

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Tucked within Hialeah Garden’s newest gated community of AquaBella is The Blossom Collection. These three- and four-bedroom  modern townhomes encompass up to almost 2,000 living square feet with great room, loft, breakfast area, spacious master suites, private patio and garage. Each two-story models feature Lennar’s “Everything's Included” package so appointments of granite countertops, stainless-steel appliances, wood finish cabinetry, ceramic tile in select living areas, cultured-marble bathroom vanities, brushed stainless hardware and the Nexia Home Intelligence system are yours to be enjoyed at no extra cost! A magnificent clubhouse boasting any imaginable amenity and central location to dining, shopping, entertainment and good schools make The Blossom Collection at Aquabella your must-have new home.

     

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SUMMARY

Location: Hialeah Gardens, Fl. 33018             

Pricing from: $339,990s - $364,990s

Square footage from:   1,639 to 1,961

Bedrooms from: 3 to 4

Bathrooms from: 2.5 to 3

AQUABELLA'S VIDEO

AMENITIES

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Clubhouse: Future waterfront clubhouse with resort-style pool and spa, fitness center, game room, and party room.

Fitness Center: Stay in shape in the state-of-the-arts fitness center.

Gated: Grand Gated entry with guard house and elegant common areas

Splash Park: Kids will enjoy the summer days playing in the splash park

Swimming Pool: Stay cool at the resort-style pool.

Tot Lot: Making new friends at the tot-lo

SCHOOLS FOR THE BLOSSOM COLLECTION:

Bob Graham Education Center Grades K-8

Miami Lakes Middle School

Barbara Goleman Senior High

Contact Us:

Ivan Parada
Real Estate Advisor


Cell: 786.991.5551
Skype: iparada1
E-mail: ivanparada7@gmail.com
2813 Executive Park Dr #102,
Weston, FL. 33331. U.S.A.
"Our Passion Is To Serve You With Integrity And Excellence, Our Vision Is To Help You Invest In A Wise And Profitable Way, And Our Mission Is To Exceed Your Expectations!"

58% Of Homeowners See A Drop In Home Values Coming

According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeownersthink there will be a “housing bubble and price correction” within the next 2 years.

After what transpired just ten years ago, we can understand the concern Americans have about the current increase in home prices. However, this market has very little in common with what happened last decade.

The two major causes of the housing crash were:

1. A vast oversupply of housing inventory caused by home builders building at a pace that far exceeded historical norms.
2. Lending standards that were so relaxed that unqualified buyers could easily obtain financing thus enabling them to purchase a home.

Today, housing inventory is at a 20-year low with new construction starts well below historic norms and financing a home is anything but simple in the current mortgage environment. The elements that precipitated the housing crash a decade ago do not exist in today’s real estate market.

The current increase in home prices is the result of a standard economic equation: when demand is high and supply is low, prices rise.

If you are one of the 58% of homeowners who are concerned about home values depreciating over the next two years and are hesitant to move up to the home of your dreams, take comfort in the latest Home Price Expectation Survey.

Once a quarter, a nationwide panel of over one hundred economists, real estate experts and investment & market strategists are surveyed and asked to project home values over the next five years. The experts predicted that houses would continue to appreciate through the balance of this year and in 2018, 2019, 2020 and 2021. They do expect lower levels of appreciation during these years than we have experienced over the last five years but do not call for a decrease in values (depreciation) in any of the years mentioned.

Bottom Line

If you currently own a home and are thinking of moving-up to the home your family dreams about, don’t let the fear of another housing bubble get in the way as this housing market in no way resembles the market of a decade ago.

Contact Us:

Ivan Parada
Real Estate Advisor


Cell: 786.991.5551
Skype: iparada1
E-mail: ivanparada7@gmail.com
2813 Executive Park Dr #102,
Weston, FL. 33331. U.S.A.
"Our Passion Is To Serve You With Integrity And Excellence, Our Vision Is To Help You Invest In A Wise And Profitable Way, And Our Mission Is To Exceed Your Expectations!"