CoreLogic’s latest Equity Report revealed that ninety-one thousand residential properties regained equity in Q1 2017. The outlook for 2017 remains positive as well, as an additional 600 thousand properties will regain equity if home prices rise another 5% this year. The study also revealed that: Roughly 63% of all homeowners have seen their equity increase since Q1 2016 […]
It's getting easier to qualify for a mortgage
For mortgage lenders, it’s about competition. They see rising home prices and more qualified buyers, so they’re easing standards to attract more business. Source: Florida Realtors
CRE report: Polarization top issue affecting real estate
What top risk factors threaten real estate? CRE’s annual list of the top 10 also includes technology, generational changes, retail disruption and health care. Source: Florida Realtors
20 Tips for Preparing Your House for Sale [INFOGRAPHIC]
Some Highlights: When listing your house for sale your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens! Your real estate agent will have a list of specific suggestions for getting your house ready for market and […]
Amazon's Alexa adds more real estate skills
A survey found that 72% of Americans in smart homes want voice control, so Coldwell Banker rolled out a service that offers company news and real estate trends. Source: Florida Realtors
Millennial Homeownership Rate Increases
Recent headlines exclaimed the homeownership rate, as reported by the Census Bureau, rose again in the second quarter of 2017. What didn’t get much attention in the reports is that the homeownership rate for American households under the age of 35 increased a full percentage point from last quarter’s 34.3% to 35.3%. Millennials proved to […]
Average mortgage rates steady: 30-year at 3.93%
Rates were virtually unchanged, though up a smidgen compared to last week’s 3.92%. For all of last year, the 30-year FRM averaged 3.65%. Source: Florida Realtors
Do Your Future Plans Include a Move? What’s Stopping You from Listing Now?
Are you an empty-nester? Do you want to retire where you are, or does a vacation destination sound more your style? Are you close to retirement and not ready to move yet, but living in a home that is too big in size and maintenance needs? How can you line up your current needs with […]
Commercial Realtors income up 11% year-to-year
NAR’s annual report also found a 19% increase in sales transaction volume, which indicates a growing economy and an uptick in the number of Realtors who choose to specialize in commercial real estate. Source: Florida Realtors
Be Careful Not to Get Caught in The Rental Trap!
There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped A recent article by ConsumerAffairs addressed the continuous rise in rents, stating: “The cost of putting a roof over your […]
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