Starting late last year, some predicted that the 2018 tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even sentiment that homeownership could lose its coveted status as a major component of the American Dream. Now […]
Yun: Fla. real estate market healthy but challenged
NAR’s chief economist predicts that tax reform will boost Fla. in-migration from high-tax states, and foreign investment will be double what it was 10 years ago. Source: Florida Realtors
Kill 2 birds with 1 stone: Get CE credit at the convention
Come to Florida Realtors Convention and Trade Expo to see Penn and Teller and network, but also take a free CE-credit course to prepare for your next license renewal. (Link underlined to: http://convention.floridarealtors.org Source: Florida Realtors
Real Estate Tops Best Investment Poll for 5th Year Running
Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the fifth year in a row, real estate has come out on top as the best long-term investment! This year’s results showed that 34% of […]
Home Inspections: What to Expect
So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or even, in some […]
Poll: 64% of Americans expect home prices to rise
Americans’ faith in the housing market continues to rebound as the Great Recession’s housing troubles slowly fade from memory,according to a new Gallup poll. Source: Florida Realtors
What If I Wait Until Next Year to Buy a Home?
We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six months. As a buyer, […]
50% of Homes Sold in 30 Days in March [INFOGRAPHIC]
Some Highlights: The National Association of REALTORS® recently surveyed their members for their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes sold in […]
4 Reasons Why Today’s Housing Market is NOT 2006 All Over Again
With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed. Today’s market is quite different than the bubble market of twelve years ago. There are four key metrics that explain why: Home Prices Mortgage Standards Mortgage Debt […]
Fixed mortgage rate declines slightly to 4.55%
A steady rise in April pushed the average FRM to its highest level in four years, but last week’s 4.58% average dropped this week to 4.55%. Source: Florida Realtors
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