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新年快樂

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新年快樂
Happy Chinese New Year.

“There’s a flood of Chinese money coming into Florida for investment…much of the Chinese money enters Florida through the EB-5 Visa Program.”
Click for Article: Chinese Investors Target Tampa Bay Real Estate

你的EB-5签证的投资者?
Are you an EB-5 Visa Investor?

我们可以帮助
We can help.

更多信息电子邮件 eb5@elegantcasas.com
Email eb5@elegantcasas.com for more info

优雅的家园
Elegant Casas

 

Predictions for 2016

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Forecast 2016

Hello Tampa Bay,

Here are predictions for 2016:

1.  2016 = NORMAL
We are expecting a healthy growth in prices, although at a slower pace compared to recent years.  After many years of abnormal trends, market conditions are becoming more normal.  I expect that home prices will increase at a more normal rate due to the market being more balanced.  I predict that home values will increase 4-5% in 2016.

2.  Higher Rent
Rents have been climbing at an explosive rate, increasing more rapidly than home prices.  This trend will continue to enlarge the gap of affordability of buying versus renting.

3.  Higher Mortgage Rates
Mortgage rates are expected to be pushed higher, but the level of increase should be manageable for most buyers.  I predict that the 30-year fixed-rate mortgage will end 2016 about 50 basis points higher than today at around 4.5%.

4.  Entry-level New Homes
New construction will continue the trend towards entry-level homes.  Builders will continue to shift to more affordable homes for entry-level buyers.  This is largely due to increased access to credit, as well as changing demographics.

5.  Milennials
Milennials (ages 25-34) will continue to play a major force in the market. They represented 1/3 of home buyers in 2015 at nearly two billion sales.

Best regards,

Michael A. Melnyk

Buy vs. Rent – Tampa Bay

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Hello Tampa Bay,

Buying a home in Tampa Bay is 42% cheaper than renting.
Compare this statistic to the nationwide number – 23%.

This shows that now is a great time both for first-time homebuyers and also for investors that seek income through rentals.
Here is the article that shows the complete study –
https://www.tampabay.com/news/business/realestate/buy-versus-rent-in-tampa-bay-stark-financial-contrast-point-to-home/2251278

Let us know if you need assistance with any of your real estate goals.
We’re here to help.

Elegant Casas