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Dirt Cheap Money Fueling Home Prices?

Mario AvalosLeave a comment

What’s fueling real estate prices? Among many factors, interest rates (or the cost to borrow money). Going back to the late 80s when 30 year mortgage rates where over 15%, fast forward now to 2017, good credit and good credentials will get you about 4%.

Think about the impact that has on, say, on a $500,000 mortgage. At 15% interest rate you are looking at a monthly mortgage payment of just under $8,000! Compute that $500,000 loan at 4%, you are down to $2,500 bucks a month. Huge impact. HUGE!

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Home Prices Up, But So Is Inventory

Mario AvalosLeave a comment

I wanted to share with you the latest (downloadable) Miami Dade Single Family Real Estate Stats and give you an opinion of how these numbers are affecting your home value.  Long story short…

  • The rate of sold properties (volume) is flat
  • Prices keep going up
  • And available inventory is increasing

What does this mean to you? The value of your home will continue to appreciate. However, if you know someone that’s thinking about selling, picking the right price and marketing strategy is more crucial than ever given the fact that available inventory (competition) is increasing.

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Mastermind Agent Event 2017

Mario AvalosLeave a comment

Mastermind 2017 group invitation was led by several top producing agents from the Miami Dade and Broward Counties. Some of the topics of conversation involved lead generation, lead conversion, and client service practices.  Enjoy the video!

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Top Agent Panel Invitation, Hosted By KW

Mario AvalosLeave a comment

Often, I go out of my way to listen to what strong agents are doing to improve their business. And after so many years of hard work, it’s pretty cool that people are interested in what I have to say.

Thank you Keller Williams Realty Premier Properties for inviting my company Kirilauscas & Associates Realty to this event!

top-agent-mastermind-talk

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Preventing Background and Money Problems When Tenant Sub-Leasing

Mario AvalosLeave a comment

There may come a time your tenant may ask if they can sublease. As a landlord, you have the choice to agree or not agree.  If you agree, consider these tips that will help avoid any future disputes.

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