Miami Real Estate

Miami Real Estate

courtesy of World Property Journal

Miami Real Estate Market is 4th Largest in the US

Miami ranks 4th in the nation in total home value. According to Zillow, the total value of all homes in the United States in early January 2018 is now $31.8 trillion after gaining $2 trillion in 2017.  The cumulative value of the U.S. housing market grew at its fastest annual pace – 6.5 percent – in four years. Moreover, the value of all U.S. homes rose 8 percent annually in the early stages of the housing recovery in 2013.

Fast FAQs:

  • Total U.S. housing market gained $2 trillion in value in 2017.
  • The value of all U.S. homes grew 6.5 percent in 2017, the fastest pace in four years.
  • Los Angeles, New York and San Francisco are the most valuable housing markets, each worth more than $1 trillion.

For many households, a home is the single largest source of wealth, but the collapse of the housing market and the ensuing Great Recession demonstrated the importance of housing to the U.S. economy as well. The housing market has gained $9 trillion since the lowest levels of the recession.

 

A Record Year

The value gained in 2017 alone is equivalent to more than the valuation of two companies the size of Apple. Over the past year, the U.S. housing market has gained $1.95 trillion, while Apple recently hit a market value of $900 billion, the first U.S. company to do so.

This was a record year for home values as the national housing stock reached record heights in 2017,” said Zillow® Senior Economist Aaron Terrazas. “Strong demand from buyers and the ongoing inventory shortage keep pushing values higher, especially in some of the nation’s booming coastal markets. Renters spent more than ever on rent this year, but the amount they spent grew at the slowest pace in recent years as more renters transitioned into homeownership and new rental supply slowed rent growth across the country. Despite recent changes to federal tax laws that have historically made homeownership financially attractive, the long-term dynamics pushing up home values and rents are unlikely to change significantly in 2018.”

Combined-Worth-of-All-U.S.-Homes.png

Why Work with Mario Quintero

Do you doubt what our good friends at CNBC are predicting?  Home prices are set to rise in Miami and across the entire USA.  Are you in the market looking to buy, sell, rent or lease a property? Mario Quintero has been in the mortgage business since 2002. Mario’s experience is tested and true. Mario has helped hundreds of families purchase their dream homes and secure competitive financing.

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a VA, conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Home Prices in Miami

Home Prices in Miami

Home Prices Are Set to Soar in 2018

courtesy of Diana Olick, CNBC

The temperature may be frigid across much of the nation, yet home prices are sizzling and sellers are in the hot seat.  Home prices in Miami will also continue to rise.  Will you be ready and buy prior to this increase or will you be left behind?

Sales prices jumped 7 percent annually in November, according to a new report from CoreLogic.

That is the third straight month at that pace, far higher than the price gains in the first half of 2017. Low supply and high demand are fueling the spurt and neither of those is expected to ease up anytime soon.

Supply is actually falling even more now, and a strengthening economy is pushing demand. This will have potential buyers out early this year, trying to get a jump on the spring market.

“Rising home prices are good news for home sellers, but add to the challenges that home buyers face,” said Frank Nothaft, chief economist at CoreLogic, in the report. Nothaft said the limited supply is the worst at the lower end, and will hit the growing number of first-time buyers hardest.

Without a significant jump in home construction, prices will remain high and likely move higher. Mortgage rates could also move slightly higher, and new tax policy limiting mortgage and property tax deductions, is hitting homeowners in some states hard.

Why Work with Mario Quintero

Do you doubt what our good friends at CNBC are predicting?  Home prices are set to rise in Miami and across the entire USA.  Are you in the market looking to buy, sell, rent or lease a property? Mario Quintero has been in the mortgage business since 2002. Mario’s experience is tested and true. Mario has helped hundreds of families purchase their dream homes and secure competitive financing.

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a VA, conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

 

Happy New Year

Happy New Year

Happy New Year from STC Loans

2017 brought many changes and growth to STC Loans. This year saw the company transition into a full-service real estate firm, able to not only provide mortgage financing, but help you find your perfect home as a full real estate agency. Additionally, we have our own title company able to provide full title search on your properties.

Just a few weeks ago, STC Loans also celebrated its 15-year anniversary in the real estate and property mortgage business.

“We’re your one-stop shop for real estate needs. From finding your perfect home, to financing and and being able to close on an efficient and timely basis, STC Loans can do all of this for you,” per our Mario Quintero.   “We know you’re busy and value your time. As they say, ‘time is money’. We handle everything for you in one convenient location.”

As 2017 comes to a close, we thank you, our valued client, for having helped STC Loans achieve continued growth in order to better service you.

The entire team at STC Loans is here for the long haul and are ready, willing and able to assist in all your real estate needs. From the first-time buyer to a home refinance to a reverse mortgage, STC Loans will handle any these for you to ensure a timely and effective transaction.

Trust Mario Quintero and STC Loans – call 305-598-1600 today! 

Why Work with Mario Quintero

Are you in the market looking to buy, sell, rent or lease a property? Mario Quintero has been in the mortgage business since 2002. Mario’s experience is tested and true. Mario has helped hundreds of families purchase their dream homes and secure competitive financing.

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a VA, conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here.

 

 

Miami real estate market

Miami real estate market

 

STC Loans Celebrates 15 Years Helping Families

 

 Mario Quintero and STC Loans recently celebrated their 15-year anniversary in the real estate and property mortgage business in the Miami real estate market. “Having helped thousands of clients not only purchase, but also assist in providing competitive financing for their dream home gives me tremendous satisfaction.  Additionally, I have a great sense of pride, too.   What joy when we’ve been able to help senior citizens stay comfortably in their homes through a reverse mortgage! Nothing makes me happier than seeing people be happy in their homes,” said Mario Quintero.

 

Helping you Navigate the Miami Real Estate Market

The entire team at STC Loans are here for the long haul and are ready, willing and able to assist in all your real estate needs. From the first-time buyer to a home refinance to a reverse mortgage, STC Loans will handle any these for you to ensure a timely and effective transaction.

Trust Mario Quintero and STC Loans – call 305-598-1600 today!

 

Why Work with Mario Quintero

Are you in the market looking to buy, sell, rent or lease a property? Mario Quintero has been in the mortgage business since 2002. Mario’s experience is tested and true. Mario has helped hundreds of families purchase their dream homes and secure competitive financing.

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a VA, conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here.

Art Basel Miami

Art Basel Miami

reprinted from timeout.com

Heading to Miami’s Art Basel this Weekend?

Some 268 of America’s top galleries and art museums will be showing us what they’ve got at annual contemporary art bonanza, Art Basel Miami Beach 2017. Since its launch in 2002, Art Basel has become North America’s premier art fair. Because of this, expect amazing contemporary paintings, films and videos, sculptures, drawings, photography, digital art and installations from more than 4,000 artists. You might even see them if you can tear yourself away from the parties and buzzing rooftop bars. Take a road trip or book your flight and use our guide for all your art, event, party, eating, drinking and hotel needs.

What is Art Basel Miami Beach?

First staged in 2002, Art Basel Miami Beach is an annual art show held at Miami Beach. Art Basel Miami stages three major fairs each year. These are held in Hong Kong, Basel and Miami Beach. Art Basel focuses on modern and contemporary art. It puts more than 250 galleries and 4,000 artists from across the globe in front of the art world’s top curators, museums and collectors. Hence, the weekend of Art Basel has become a major draw for Miami.  as it showcases major events held in conjunction with the show.  As an added bonus, have fun celebrity-spotting.

When is Art Basel Miami?

Art Basel Miami Beach is held December 7, 2017, through December 10, 2017.

Where is Art Basel Miami Beach held?

Art Basel Miami Beach 2017 is at the Miami Beach Convention Center, 1901 Convention Drive.  Check out a floorplan of the Convention Center to see who’s showing and where. Other works, film screenings and performances take place close by at Collins Park and SoundScape Park.

Why Work with Mario Quintero

Art adds great value to your home.  Mario’s wife, Claudia Quintero, has a keen eye for art and home design.  Moreover, Mario has been in the mortgage business since 2002. Mario’s experience is tested and true. Mario has helped hundreds of families purchase their dream homes and secure competitive financing.

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a VA, conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here.

Happy Thanksgiving

Happy Thanksgiving

 

Happy Thanksgiving…

This year has seen significant growth here at STC Loans. Although this is traditionally the time of year when people pause and give thanks, please know that we give thanks every single day for the privilege to be of service to each one of you.

As you prepare for your Thanksgiving feast tomorrow, we thank you for your continued support throughout the year and your friend and family referrals.

From all of us at STC Loans, we wish you a very Happy Thanksgiving.

For a stress-free Thanksgiving feast together, please have a look at these tips:

1. Start a new tradition

While many families go around the table sharing what they are thankful for, take it one step further by using a white tablecloth and passing out Sharpie markers.  All guests write down what they are thankful for that year, sign and date it.  Use the same tablecloth each year as a timeline for your family and friends.

 

2.  Ask for help

Don’t do it all yourself!  Encourage guests to bring a dish and/or help with meal prep and cleanup.  Most people will be happy to assist, and it’s a great time for informal conversation.

 

3.  Don’t talk politics!

Use the family meal time to reconnect with one another’s lives.  Talk about sports, school, work – but steer clear of controversial topics, especially politics.  You can even make a family pact to agree to disagree ahead of time.

 

Why Work with Mario Quintero

Mario has been in the mortgage business since 2002. Mario’s experience is tested and true. Mario has helped hundreds of families purchase their dream homes and secure competitive financing.

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a VA, conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here.

 

 

VA Loan

VA Loan

 

Today and Everyday, Thank a United States Veteran

Every day, but especially on this Veteran’s Day, we take the time to thank veterans for their service to the United States.  It is because of their sacrifice that citizens like you and me enjoy the freedoms we experience daily.  Veterans may purchase their dream homes through the help of a VA Loan.

Thank you, United States veterans,  for your service!

How a VA Loan Works

A VA Loan is a mortgage loan issued by approved lenders and guaranteed by the U.S. Department of Veterans Affairs (VA). The program was created in 1944 by the US government in order to help returning service members purchase homes without needing a down payment or excellent credit. The program has guaranteed millions of VA loans to help veterans, active duty military members and their families purchase homes or refinance their mortgages.

Now more than ever,  the VA Home Loan program is important to members of the armed services.  Due to the market housing collapse, in recent years, lenders nationwide have tightened their lending requirements.  Indeed, the VA Loan is a lifeline for military homebuyers.

Why Work with Mario Quintero

Are you a United States veteran?  Have a look at your options for a VA loan with the help of Mario Quintero of STC Loans. Mario has been in the mortgage business since 2002. Mario’s experience is tested and true. Mario has helped hundreds of veterans purchase their dream homes with government VA loans.

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a VA, conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here.

Halloween safety tips

Halloween safety tips

 

Halloween is this coming Tuesday.  Are you prepared?

Here are some Halloween safety tips to keep in mind as you’re out trick or treating with your kids.  Make sure to follow these to ensure a safe holiday.

reprinted from Improvements.com

10 Trick or Treat Safety Tips:

  1. Go During Safe Trick Or Treat Times
    You don’t have to wait until it is pitch-black outside to go trick-or-treating. A good trick or treat time is right after an early dinner and just before dusk when you can keep better track of your children and you are able to see the others that you encounter on the street. Besides, if you are the first person there, you will have the best selection of candy!
  2. Steer Clear Of Masks
    While masks are a fun part of many costumes, do your best to recreate the mask with face paint. Having a mask on can sometimes impair the vision of the child wearing it.
  3. Be Visible
    If your kids will comply, choose costumes that are brightly colored so that they are easier to see in the dark. If they really want a dark costume, apply some reflective strips to their costume. You could also have them wear glow necklaces or carry glow sticks and flashlights.
  4. Never Go Alone
    It is important that your children have an adult chaperon at all times while trick or treating. You should also discreetly add some emergency identification information such as the child’s name, address & phone number to their costume or on a bracelet in case your child happens to get separated from the group.
  5. Walking Tips
    Be sure that your children understand simple traffic rules, such as stopping and looking both ways before crossing the street, and staying in a crosswalk if one is available. If you have to cross at a light, make sure you have the proper “walk” signal before you proceed. Inform your children that they should never assume that they have the right away when crossing the street, especially at night on Halloween.
  6. Knock On Doors That You Know
    Encourage your children to only trick-or-treat at homes where they know the inhabitants. If they know everyone on the street, except for one house, they could ask the neighbors about that one house. If a home is dark or has no Halloween decorations, that is typically a good sign that they are not up for trick-or-treaters.
  7. Don’t Go Inside
    Trick-or-treaters always seem to run across a house or two where someone invites them to “come in”. Remind your little ones that they should never go inside anybody’s home while trick-or-treating. They can easily get the candy they seek from the porch or if the homeowner is persistent, inform them to simply turn and walk away.
  8. Stay On Track
    It might be tempting to take a short cut through an alley or cut through someone’s yard, but that can sometimes pose a danger. Stay on streets and in neighborhoods that are well lit and where there are plenty of people around.
  9. Say No!
    If you’re children are old enough to trick or treat in a group without you, be sure and designate a time for their return. Teach your children that if a stranger offers to give them a ride or take them to a Halloween Party, they should say “no”.
  10. Taste-Testing Patience   Trick or treating is for gathering candy, not eating it as they receive it. Pack a goody bag with some of your own Halloween candy so your kids have something to snack on if they just can’t wait until they get home.

 

Get in Touch with Mario

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

reverse mortgage

reverse mortgage

Who Qualifies for a Reverse Mortgage?

A  reverse mortgage is a unique financial instrument designed to benefit property owners age 62 and older. Though we help individuals with all types of loans, Miami-based Strock & Tanner Mortgage specializes in a reverse mortgages.  Clients for a reverse mortgage are seniors searching for a way to tap their home’s equity without having to repay the loan while they still live in their home.

How does a Reverse Mortgage work?

A reverse mortgage pays you by returning you the equity in your home. You do not have to repay the proceeds until death. So, you may live in the home comfortably without making mortgage payments. You are still responsible for insurance and taxes. Many Florida seniors are you using a Florida reverse mortgage today in order to offset their retirement. This tool allows for the optimum quantity of flexibility to resolve your specific financial requirements and needs.

Say, for instance, you need to pay healthcare expenses or any other regular payments to help subsidize your monthly income and earnings. Unlike standard and traditional home equity loans, you do not have to repay a reverse mortgage until you die.  You must continue living in this house, however.

Why Work with Mario Quintero

Is a reverse mortgage right for you?  Have a look at your options with the help of Mario Quintero of STC Loans. Mario has been in the reverse mortgage business since 2002. Mario’s experience is tested and true. Mario has helped thousands of clients secure and supplement their retirement through a reverse mortgage.

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here.

 

 

 

Friday the 13th History

Friday the 13th History

reprinted from History.com

The History of Friday the 13th

Long considered a harbinger of bad luck, Friday the 13th has inspired a late 19th-century secret society, an early 20th-century novel, and a horror film franchise.   Additionally, it has inspired not one, but two unwieldy terms—paraskavedekatriaphobia and friggatriskaidekaphobia—that describe fear of this supposedly unlucky day.

Just like walking under a ladder, crossing paths with a black cat or breaking a mirror, many people hold fast to the belief that Friday the 13th brings bad luck. Though it’s uncertain exactly when this particular tradition began, negative superstitions have swirled around the number 13 for centuries.

While Western cultures have historically associated the number 12 with completeness (there are 12 days of Christmas, 12 months and zodiac signs, 12 labors of Hercules, 12 gods of Olympus and 12 tribes of Israel, just to name a few examples), its successor 13 has a long history as a sign of bad luck.

The ancient Code of Hammurabi, for example, reportedly omitted a 13th law from its list of legal rules. Though this was probably a clerical error, superstitious people sometimes point to this as proof of 13’s longstanding negative associations.

Fear of the number 13 has even earned a psychological term: triskaidekaphobia.

According to biblical tradition, 13 guests attended the Last Supper, held on Maundy Thursday, including Jesus and his 12 apostles (one of whom, Judas, betrayed him). The next day, of course, was Good Friday, the day of Jesus’ crucifixion.

The seating arrangement at the Last Supper is believed to have given rise to a longstanding Christian superstition that having 13 guests at a table was a bad omen—specifically, that it was courting death.

Though Friday’s negative associations are weaker, some have suggested they also have roots in Christian tradition: Just as Jesus was crucified on a Friday, Friday was also said to be the day Eve gave Adam the fateful apple from the Tree of Knowledge, as well as the day Cain killed his brother, Abel.

An important milestone in the history of the Friday the 13th legend in particular (not just the number 13) occurred in 1907, with the publication of the novel Friday, the Thirteenth written by Thomas William Lawson.

The book told the story of a New York City stockbroker who plays on superstitions about the date to create chaos on Wall Street, and make a killing on the market.

The horror movie Friday the 13th, released in 1980, introduced the world to a hockey mask-wearing killer named Jason, and is perhaps the best-known example of the famous superstition in pop culture history. The movie spawned multiple sequels, as well as comic books, novellas, video games, related merchandise and countless terrifying Halloween costumes.

In more recent times, a number of traumatic events have occurred on Friday the 13th, including the German bombing of Buckingham Palace (September 1940); the murder of Kitty Genovese in Queens, New York (March 1964); a cyclone that killed more than 300,000 people in Bangladesh (November 1970); the disappearance of a Chilean Air Force plane in the Andes (October 1972); the death of rapper Tupac Shakur (September 1996) and the crash of the Costa Concordia cruise ship off the coast of Italy, which killed 30 people (January 2012).

Get in Touch with Mario, Your Miami Realtor

Don’t let Friday the 13th scare you.  I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage..

Call me today at 305-598-1600 or contact me here. Let’s find your dream home!