Every year, many renters ask themselves the same question, "Shall I continue renting or is it time to buy a home?" If you're a renter, chances are you've asked yourself that question at least once and it's because you've faced an increase in your monthly housing cost over time.

According to census data, rents have driven consistently for decades. To make an informed and powerful decision, the first step is understanding what's happening in today's housing market so you can determine if buying or renting is the better long-term decision for you. Hey, it's Andy Mandel with The Mandel Team at RE/MAX and rents are skyrocketing right now. Data from realtor.com shows just how much rental prices are surging throughout the country. This graph highlights…

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Have you ever wondered how some buyers can find properties off market? Are you trying to compete in this crazy market but wanna find a property before it gets multiple offers? At the Mandel team, we specialize in trying to help our clients find off market deals. So I wanna show you just one of the ways that we can do that. We have a ton of different things that we're constantly doing to generate listings, but some of the things that we can do that to get off market properties for our buyers, I wanted to show you how we do that.

So there's certain things that we can do to try to find our most likely sellers. And what we do as your agent is we go, we'll door knock, we'll send emails, calls, we'll send letters in the mail, whatever we can do to get…

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Are you thinking about selling your house? If so, you may wanna make it a priority to start the process soon. According to realtor.com, the sweet spot for timing for sellers is just around the corner. In a recent study, experts analyzed housing market trends by looking at data from the past several years, excluding 2020 because it was very atypical because of COVID.

When applied to the current market, experts determine the ideal week to list a house this year. The research shows that the week of April 10th to 16th is expected to have the ideal balance of housing market conditions that favor home sellers more so than any other week in the year. If you've been putting your move on the back burner waiting for the ideal time to sell, you should know…

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If you're a current homeowner, you should know your net worth likely just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the mortgage.

Today, you're building that equity far faster than you may expect, and this gain is great news for you. In case you've been living under a rock, you know home values are on the rise thanks to low housing supply and high buyer demand. Basically, there aren't enough homes for everyone to meet the high buyer interest, so bidding wars are driving up home prices. When you own a home, the rising prices mean your home is worth more today than it was before. And as home values climb, your equity does too.

2021 saw the largest annual…

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Are we starting to see a real estate slow down? Just how crazy is this market? Hey, it's Andy Mandel with the Mandel team at Remax, and I'm here to bring you your April, 2022 housing market update. As always for the purposes of these videos, we're gonna be talking about single family homes only in Boca, Parkland and Coral Springs. Those are the areas where our team does the predominant amount of our business. No condos, no townhouses, no 55 and over and no country clubs. Now, when we do these videos, we like to give you the leading indicator, showing you what's going on in the real estate market, right now. So you can make an informed decision for your family.


When the news media gives you these stats, they're typically giving you sales prices…

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If you're getting a mortgage, you likely are gonna need an appraisal on the property. What that means is once you're under contract and you've gone through your inspection and you agree to move forward with the property, the bank is gonna order an appraisal. The way that works is the banks have third party companies where they hire an independent third party appraiser to come out and look at the property, tell you what their professional opinion of the value is. The appraiser's gonna look in that specific neighborhood at things that have sold within the last three to six months, similar size, similar conditions, similar views. And they're gonna make adjustments for square footage, for condition, location.

If your home backs up to a busy street…

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The Mandel Team at RE/MAX Advisors is a team of experienced, licensed, full-time real estate agents serving South Florida. We specialize in Boca Raton, Parkland, and Coral Springs, but we sell from Boynton Beach to Fort Lauderdale.

We are the number one residential realtor group in Coral Springs and Zillow's top brokerage partner in the area. The digital revolution has changed the real estate business and the need for new solutions and expertise. That's why at the Mandel Team, we've organized a powerful team that can handle the increased services that residential sellers and buyers demand. Our agents are trained to be proficient in doing everything digitally, and we manage every aspect of the real estate transaction to give you our collective…

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