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Showing posts from August, 2025

Price Reduced! Renovated 3-Bedroom Home for Sale in Chapel Trail, Pembroke Pines | Top Schools & OPEN HOUSE THIS SATURDAY

18845 NW 1st St, Pembroke Pines, FL Open House Description Photos Marketing Your Home Real Estate Reports for Home Owners, Sellers & Buyers! Maps & Local Schools More $ CLICK FOR CURRENT PRICE ...

Zillow Says 60 Days on Market Is the New Normal. But Not in Pembroke Pines / Miramar  

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  If you’ve read the latest housing headlines, you’ve probably seen some conflicting takes. And when you zoom out, it makes sense as to why: A new Zillow report found that, in half of the country’s largest metros, home values rose over the past year. In the other half, they fell.  So today, we’re breaking down what’s happening nationally, and more importantly, how it compares to what we’re seeing here in Pembroke Pines / Miramar zip code 33027. National Market Trends At the national level, home values have barely moved, rising just 0.2% over the past year.  Home values rose in 25 major markets, mostly in the Midwest and Northeast. Cleveland (+4.7%) and Hartford (+4.5%) led the pack. Home values fell in 25 markets, especially in the South and West. Tampa (-6.2%), Austin (-6%), and Miami (-4.6%) saw the steepest declines. Aside from home prices, here’s what’s happening across the country: Sellers cut prices on 27.4% of listings, the highest rate since tracking began i...

Google Doesn’t Lie: Homebuyer Searches Hit a Two-Year High

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  If you’ve been wondering whether buyers are still out there, here’s your answer: yes.  And they’re looking more online than they have in two years. Even before last week’s big mortgage rate news (ICYMI, rates dipped to 6.55% on August 7), online searches for “homes for sale” were climbing fast in July. That means plenty of people were already getting serious about finding their next home. The kicker? After that dip, mortgage applications jumped. And now, rates just dropped again. On August 13, they hit a new low of 2025, decreasing to 6.53%, according to Mortgage News Daily.  Translation: buyer motivation isn’t just alive… it’s picking up speed. Google Search Trends Google Trends tracks the popularity of specific search phrases over time. And two big ones, “homes for sale” and “houses for sale,”   both hit a two-year high in July , back when mortgage rates were still in the high 6s.  That’s huge, because online search activity is often the first sign that d...

Before You Buy That Fixer-Upper, Read This!

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  For the first time in years, existing homes (yes, the older ones that often need updates) are selling for more than brand-new construction.  According to the latest numbers , the median price of an existing home is $429,400. For a newly built home? $410,800. That’s an $18,600 difference. So if you’ve been eyeing a resale home thinking it’s the “cheaper” option, you might want to check out all your options. Let’s break down what’s going on, why it matters, and what it means if you’re thinking about buying a home. The Numbers Say It All It used to be that brand-new homes were priced way above resales. From 2010 to 2019, the gap between new and existing homes averaged about $66,000. Over the past five years, that gap narrowed to around $25,000 on average. Things first flipped in Q2 and Q3 of 2024, when the median price of existing homes surpassed new homes for the first time. And now in 2025, that trend is holding strong. Not only are resale homes more expensive than new const...

Thinking of Downsizing? Read This First

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  If you’ve owned your home for more than a few years, chances are you’re sitting on a significant amount of equity, and possibly wondering if now’s the time to downsize. According to a recent Realtor.com analysis , baby boomers—those born between 1946 and 1964—own an estimated $18 to $19 trillion worth of real estate. That’s nearly half of the housing wealth in the U.S. Whether your kids are out of the house, you're retiring, or just want less maintenance, selling your longtime home can unlock major financial and lifestyle opportunities. But it also comes with questions: Where will you go next? How do you maximize your return? What steps should you take before listing? Here’s a complete guide to help you move forward with clarity, confidence, and a plan that preserves your wealth. Step 1: Understand Your Equity Position You probably already know your home’s value has gone up. But do you know by how much ? Your equity is the difference between your home’s market value and what you...