Yulia Kislyuk Real Estate Advisor

04/22/2023

Better credit history = more $ to pay for mrtg... Great news! Not.....

Americans who have worked hard to build up their credit scores might not be too pleased with this week's news that a new federal rule could reward those with lower credit at the expense of those with...

05/06/2022

Update on the real estate market and mortgages:

After nearly two months of increases, the average rate on a 30-year mortgage rolled down to 5.1% from 5.11% last week. The average rate was the highest since April of 2010. One year ago, the 30-year rate stood at 2.98%.
New-home sales down 8.6% in March; sales are down nearly 13% from a year ago. Only 14% of March’s new-home sales were below $300K; a year ago, it was 34%.
Median home prices in March jumped 15% from a year ago at this time to $375,300. That’s an all-time high on data going back to 1999.

09/04/2021

Frustrated homebuyers wait for the market to crash

People who have spent months trying to find an acceptable, affordable home in South Florida are starting to think they’ll wait until the market collapses and they can sn**ch up a house at a bargain. They’re probably going to be disappointed. Economists and housing experts don’t expect another ...

04/20/2021

Great opportunity to own a modern waterfront home in Paradise. Gated community. Split bedroom floor plan. Move in ready. Completely renovated unit. Unique European style: no popcorn, no mirrors. Kitchen: granite, wood cabinetry, stainless appliances. Amazing amenities: waterfront pools, state of the art fitness center, club house, cafe, yoga studio, saunas and etc. Community area: marina, bbq area. 5 minutes to the beach, shopping, restaurants and more.
600 Three Islands Blvd

01/27/2021

Prices in real estate are up and fast rising

S&P CoreLogic Case-Shiller: Buyer demand pushed Nov. prices 9.1% higher year-to-year – the biggest increase since May 2014. For 2020, price increases hit a 14-year high.

12/22/2020

Real estate in 2021

Homeownership by Millennials will continue to climb as they navigate the current market.

10/22/2020

Less stress for FHA loan holders with financial challenges caused by the pandemic now have until December 31.

Homeowners facing financial challenges caused by the pandemic now have until Dec. 31 to request forbearance if they have an FHA loan. A forbearance approval would allow them to avoid monthly payments in increments that could potentially last up to a full year.

06/18/2020

As more apartments become available, owners have been forced to reduce their rent to increase interest.

"Pandemic pricing" has arrived across the US as landlords react to the economic fallout of the coronavirus pandemic.

06/18/2020

Good news! FHFA Foreclosure-Eviction Moratorium Extended to Aug. 31

A homeowner with a Fannie Mae or Freddie Mac-backed mortgage cannot be foreclosed or evicted until Aug. 31 – a two-month extension from the existing June 30 deadline.

05/22/2020

April’s decline in closed sales was in line with the drop in new pending sales shown in the March data. Meanwhile, median sale price continued to rise in April for both single-family homes and condo-townhouse properties, signaling that home values are generally holding firm – a trend that’s in line with what basic economic theory would predict when there are offsetting declines in both demand and supply.

Florida Realtors’ data: Fewer closed sales, pending sales, new listings and other metrics year-over-year due to the virus and economic shutdown. Chief Economist O’Connor notes home values are generally holding firm.

03/03/2020

Time to buy/invest! Better rate is here!

The Federal Reserve slashed interest rates by half a percentage point on Tuesday, a bold attempt to give the US economy a jolt in the face of concerns about the coronavirus outbreak.

02/08/2020

Belts are getting tightened.

The federal decision comes amid an ongoing battle over New York's Green Light Law. The ban applies to Trusted Traveler programs but not TSA PreCheck.