Michael Peron's (michaelperon) Blog

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Real Estate Agent - South Florida Home Solutions
RECENT BLOG POSTS
Evaluating Your Wants and Needs as a Homebuyer Matters More TodayWhen it comes to buying a home, especially with today’s affordability challenges, you’ll want to be strategic. Mortgage rates impact how much it costs to borrow money for your home loan. And, to help offset the higher borrowing cost...
10/11/2023
08/17/2023
Getting started on the road to rental investments is generally the most difficult obstacle for people without 25-30% down payment.  That is where buying the property as an owner occupant can be a huge advantage.The first example would be to buy a home to live in with a minimum FHA down payment of...
08/09/2023
Purchasing a home can feel like an overwhelming project, but the long-term advantages of homeownership make it a smart investment to secure your future where the benefits extend beyond simply having a place to live.Building equity is one of the most significant advantages of owning a home. As you...
08/09/2023
Having a list of talking points prepared before meeting with a real estate agent can be incredibly valuable in guiding the conversation and helping you make an informed decision about who will represent you in the sale of your home. Whether you're a first-time seller or it has been a while since ...
08/09/2023
As a homeowner, you've likely invested a significant amount of time and money into furnishing and decorating your home with items that are important to you. Unfortunately, unexpected events like natural disasters or burglaries can result in the loss or damage of these belongings.That's why it's i...
08/06/2023
An appraisal gap describes the difference between the sales price and the lower amount of the appraisal required by the mortgage being obtained by the buyer.  It becomes an issue if the seller is not willing to lower the price or the buyer is not willing to pay the difference in cash.Looking at t...
08/06/2023
Sales in March 2023 were down 2.4% month over month and still down 22.0% year over year according to the NAR Housing Snapshot.  The median sales price dipped 0.9% to $375,700 and there are 2.6 months supply of homes on the market compared to 2 months a year ago."Inventory levels are still at hist...
08/06/2023
Like opening and closing a faucet increases and decreases the water flow, lowering interest rates increases home sales and raising interest rates decreases home sales.When home sales increase during periods of limited inventory, demand increases and prices go up.  Contrarily, when home sales decr...
08/06/2023
Nobel Prize recipient, Richard Thaler, in his research into seemingly irrational economic behaviors, "found that consumers generally search too little, get confused while evaluating complex alternatives, and are slow to switch from past choices, even if it costs them." "Why are consumers leaving ...
08/06/2023
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Michael Peron

Michael Peron, Dave Florida Real Estate
local_phone(954) 779-6106
smartphone(754) 204-0069
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