Residential buyers can go online for quick home-worth valuations, and a Fla. company hopes its new algorithm can do the same thing for commercial properties. Source: Florida Realtors
How’s the Real Estate Market? Find Out What the Experts Are Saying
As we head into summer, it is a great time to review how the 2017 real estate market is doing so far. Here is what the experts are saying: Doug Duncan, Fannie Mae Chief Economist “Positive demographic factors should continue to reshape the housing market, as rising employment and incomes appear to be positively influencing […]
30-year mortgage rate falls below 4%
Long-term U.S. mortgage rates fell this week to their lowest levels of the year this week: 3.95%. For all of 2016, FRMs averaged 3.65%. Source: Florida Realtors
More Americans Chose to Own a Home Than Rent in Q1
According to the latest report from the US Census Bureau, more Americans chose purchasing a home over signing a lease to rent in the first quarter of 2017. This marks the first time since 2006 that the number of new homeowner households outpaced the number of new renter households. Of the 1.22 million new households […]
Trump administration proposes 2018 HUD budget
The spending plan lowers HUD’s budget by 22.9%, preserves support for 4.5M HUD-assisted households, nixes community block grants and cuts rental assistance. Source: Florida Realtors
Is Now a Good Time to Rent?
People often ask if now is a good time to buy a home, but nobody ever asks when a good time to rent is. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their 2017 first quarter median rent numbers. Here is a graph […]
Can condo board borrow money without membership OK?
Condo QandA: Also, a board of directors is supposed to have five members, but it’s down to four and no one wants to serve. Must they fill that vacancy? Source: Florida Realtors
5 Reasons to Hire a Real Estate Professional When Buying or Selling!
Whether you are buying or selling a home it can be quite an adventurous journey, which is why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or […]
NAR: International sales to shape future real estate demand
Changing demographics from immigration and a growing interest from foreigners will bolster home sales activity and prices, according to NAR convention speakers. Source: Florida Realtors
Why Americans Consider Moving to Another State? [INFOGRAPHIC]
Some Highlights: In a recent Harris Poll, Americans listed “change in climate/weather” as their top reason for wanting to relocate. 41% would move for a “better job opportunity.” Being closer to loved ones filled out 3 of the top 6 reasons why Americans move. Source: Luxury Market News
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