Many people wonder whether they should hire a real estate professional to assist them in buying their dream homes or if they should first try to go through the buying process on their own. In today’s market: you need an experienced professional! You Need an Expert Guide If You Are Traveling a Dangerous Path The […]
Tax reform creates new affordable housing challenges
Affordable housing builders rely on federal credits for funding, but those credits go down under tax reform. Experts say it will impact construction. Source: Florida Realtors
Buying A Home Is More Affordable Than Renting In 54% Of US Counties
According to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.” For the report, ATTOM Data Solutions compared recently released fair market rent data from the Department of Housing and Urban Development with reported income amounts from the Department […]
Where Did Americans Move in 2017? [INFOGRAPHIC]
Some Highlights: Atlas Van Lines recently released the results of their annual Migration Patterns Survey in which they tracked their customer’s movement from state-to-state over the course of 2017. Idaho held on to the top spot of ‘high inbound’ states for the 2nd year in a row followed by Washington. The ‘outbound’ states seem to […]
Does a house have good bones? Who built it?
If you list a home built by Taylor Morrison, note that in the listing. The latest “most trusted builder” survey ranked the company No. 1 for consumer trust. Source: Florida Realtors
What Impact Will the New Tax Code Have on Home Values?
Every month, CoreLogic releases its Home Price Insights Report. In that report, they forecast where they believe residential real estate prices will be in twelve months. Below is a map, broken down by state, reflecting how home values are forecasted to change by the end of 2018 using data from the most recent report. As we […]
Mortgage rates rise: 30-year hits 4.04 percent
Source: Florida Realtors
61% of First-Time Buyers Put Down Less than 6%
According to the National Association of Realtors’ latest Realtors Confidence Index, 61% of first-time homebuyers purchased their homes with down payments below 6% from October 2016 through November 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying. The median down payment […]
Florida report: 2017 Profile of Home Buyers and Sellers
What does the typical Fla. buyer or seller look like? Only 1 in 5 (22%) of buyers are first-timers compared to 34% in U.S., and they’re typically 45 years old. Sellers average 60 years and make about $96.5K annually with retirement a primary goal. Source: Florida Realtors
Wondering If You Can Buy Your First Home?
There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family, others might think they are too young, and still, others might think their current […]
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