Bidding Wars Decline ,But Remain Strong, During This Summer’s Home Buying Season
WHAT’S GOING ON IN THE HOUSING MARKET RIGHT NOW? Bidding wars declined in recent months from a high 71% of offers down to 61% of offers, according to Redfin data. Meanwhile, mortgage rates have jumped by over 2% so far this year according to Freddie Mac data,...
No Income Mortgage in South Florida
Hi, Brandon Carrero here. And thank you for watching my latest version of Did, you know? Did you know, that you can buy with a no-income mortgage on your primary, second home, and investment property? Our mortgage products are amazing and we’re the home of the...
Be Hurricane Ready
2022 Hurricane Season is here! High-impact wind and floods can wreak havoc our lives, here at Carrero Mortgage, located in Miramar, we’re in South Florida and often close to the action, hurricanes have “visit” us many times throughout the years, and...
Housing Supply
WE HAVE A GENUINE HOUSING SHORTAGE IN THE US In a “normal” housing market, we need to build approx. 1.5 million new housing units per year in the US in order to replace the obsolete housing units and account for normal population growth. This chart tells...
Buyers or Sellers Market?
BUYER’S MARKET vs. SELLER’S MARKET Housing inventory measures how many months it would take to sell all the houses currently listed for sale, at the current pace of home sales. For example, if there are 300 homes currently listed for sale, and an average...
3600 Red Road, Suite 310
Miramar FL, 33025