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Real Estate Values In Florida Increased Year-Over-Year In 2022 More Than Any Other US State; Palm Beach County Florida and Boca Raton Area Saw Home Values Increase As Well -- Mike In Boca

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 January 31, 2023 Florida Real Estate Values Grew More Than Any Other US State In 2022 How Can I Help You? Florida was the top US state for price increases, according to real estate Website Zillow.com.  The analysis by Zillow showed the average Florida home value increased 17.27% last year (2022) with an average value of about $405,000.  A recent study was performed by Florida Atlantic University (FAU) in conjunction with Florida International University (FIU) and this was a quote from the study, ‘“it is hard to say where prices will go from here in Florida,” said Eli Beracha, Ph.D., of FIU’s Hollo School of Real Estate. “But it seems most likely that Florida housing markets will fare better than most other markets across the country due to the persistent shortage of homes for sale and the pace at which people are relocating to the state.”’ In our area, the local Realtors put out a snapshot report (above) that shows the average year-over-year increase for a single family ...
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Mortgage preapproval versus mortgage prequalification - What it Means For Home Sellers and Home Buyers - Mike In Boca - Florida

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  December 20, 2022 Mortgage Pre-Approval or Pre-Qualification? Always Here For You Video CLICK I recently received an offer to present to one of my home seller customers with a pre-qualification letter attached from the buyer.  Generally, there are two types of mortgage letters : pre-approval letter and pre-qualification letter. It is important whether you are selling your home or purchasing a home to know the difference.  Having the right real estate professional who can properly guide you through the sale of one of your biggest assets, to ensure you are getting the most out of your sale is of the utmost importance.  In an article on Zillow.com called, “Pre-Qualification Versus Pre-Approved : What’s the Difference?.” the two types are described as follows : “ A mortgage pre-qualification is usually a much shorter process that requires you to honestly report your own financial information, while a mortgage pre-approval typically requires you to submit more documenta...
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Mission Bay Boca Raton Real Estate Home Sales December 2022

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As a real estate agent who specializes in selling homes in Mission Bay West Boca Raton, I monitor Mission Bay homes sales activity. During the month of December 2022, I estimate the average home sales price for the trailing 12 month period was $654,334.  I estimate home prices rose by 27.21% on an annual basis in December 2022 for the Mission Bay Boca Raton development. There were two home sales in Reflections section of Mission Bay; one in the Las Flores Subdivision of the West Boca Raton community; one home sold in The Isle subdivision of the Mission Bay Development and one home sold in Laguna section of Mission Bay during December 2022. 20508 Via Marisa 10514 Lake Vista Circle 10201 Via Hibiscus 20408 San Rafael Court 10714 Santa Laguna Drive Give me a call if you are thinking of selling your home in Mission Bay Boca Raton.  Let's discuss how I can get you the most money. Michael Friedman Broker-Associate, Realtor eXp Realty www.MikeInBoca.com
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