The Average Homeowner Gained $64K in Equity over the Past Year

Written by Fort Lauderdale Mortgage Syndicated User on June 22, 2022. Posted in For Sellers, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Housing Market Updates, Move-Up Buyers, Pricing.

If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may expect – here’s how it works. Because there’s an ongoing imbalance between the number of homes available for sale and the number of buyers looking to make a purchase, home prices are on the rise. That means your home is worth more in today’s market because it’s in high demand. As Patrick Dodd, President and CEO of CoreLogic, explains: “Price...

Dwyane Wade and Udonis Haslem announce closure of 800 Degrees Woodfired Kitchen in Aventura

Written by Fort Lauderdale Mortgage Syndicated User on June 22, 2022. Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates.

Miami Heat heroes Dwyane Wade and Udonis Haslem couldn’t keep the sizzle going with their Aventura restaurant 800 Degrees Woodfired Kitchen. The full-service restaurant suddenly announced its closure on the official website and social media accounts.

Yelp names Top 100 Florida restaurants – and 26 are in Broward and Palm Beach counties

Written by Fort Lauderdale Mortgage Syndicated User on June 22, 2022. Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates.

The almighty Yelp algorithm has spoken – again – and 26 Broward and Palm Beach county restaurants are ranked within the site’s “Top 100 Places to Eat in Florida” list.

Food in ‘bucket previously containing pool sanitizer,’ roaches ‘alive in oven’ among issues that shut 3 restaurants

Written by Fort Lauderdale Mortgage Syndicated User on June 21, 2022. Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates.

Cockroaches crawled inside the cracks of damaged kitchen walls, used the drive-through window and were discovered dead in a gambling machine room at a South Florida restaurant forced to close last week by state inspectors.

Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans

Written by Fort Lauderdale Mortgage Syndicated User on June 21, 2022. Posted in First Time Home Buyers, For Buyers, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Housing Market Updates.

Today we take time to honor and recognize the past and present experiences of Black Americans. When it comes to real estate specifically, equitable access to housing has come a long way, but the path to homeownership is still steeper for households of color. The Gap in Homeownership Rate in America It’s a more challenging journey to achieve homeownership for some buyers, as shown by the measurable gap between the overall average U.S. homeownership rate and that of non-white groups. Today, Census data shows the lowest homeownership rate persists in the Black community (see graph below): This...

Best things to do this week in South Florida: Fête de la Musique, Backstreet Boys, Train and an ‘Impractical Joker’

Written by Fort Lauderdale Mortgage Syndicated User on June 21, 2022. Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates.

Here are 9 of the best things to do this week in South Florida, from West Palm Beach and Boca Raton to Fort Lauderdale and Miami Beach.

‘Tears of joy’ as hundreds attend Juneteenth celebration in Boynton Beach

Written by Fort Lauderdale Mortgage Syndicated User on June 20, 2022. Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates.

The city of Boynton Beach, Florida, hosted its third annual Juneteenth event Sunday afternoon at Sara Sims Park, with an estimated 300 people in attendance. To organizers, it was a surprisingly large and encouraging turnout.

Florida Mortgage | Thinking of Buying or Selling a Home This Summer?

Written by Fort Lauderdale Mortgage Syndicated User on June 19, 2022. Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates.

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Sunday calendar: Entertainment and community events starting June 19

Written by Fort Lauderdale Mortgage Syndicated User on June 18, 2022. Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates.

List of what to do and see in South Florida; includes festivals, fundraisers, museums, galleries and entertainment.

Florida Mortgage | What drove US home price growth, and can it continue?