According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, 84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since 2007 – before the housing crisis. Those surveyed pointed out five major reasons why they believe homeownership is a good financial decision: Homeownership […]
3 Tips to Succeed in Today’s Real Estate Market
In today’s highly competitive real estate market, where inventory levels are not keeping up with the constant stream of buyer demand, there are steps you can take to ensure you are most prepared for success when buying a home. The 3 tips we are going to expand on today come from a recent blog by […]
Housing starts rebound 8.3% in June to four-month high
In May, experts wondered if the drop in housing starts was an anomaly, and June’s surge suggests that it was. In addition, building permits rose 7.4%. Source: Florida Realtors
Thinking of Selling? You Should Act NOW!
If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to […]
NAR balks at FCC proposal, says industry needs open internet
The FCC wants to allow internet providers to charge website owners for faster loading, but NAR says that would limit consumers’ access to real estate listings. Source: Florida Realtors
3 Questions to Ask Before You Buy Your Dream Home
If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask yourself the following 3 questions to […]
Some homeowners losing confidence in their property insurer
More private S. Fla. insurers are pulling out of the market or raising rates, in large part because assignment of benefits claims make it unprofitable to stay. Source: Florida Realtors
Home Buying Myths Slayed [INFOGRAPHIC]
Some Highlights: Interest rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! The credit score requirements for mortgage approval continue to fall. Source: Luxury Market News
The 5 Greatest Benefits of Homeownership
Recently, Freddie Mac reported on the benefits of homeownership. According to their report, here are the five benefits that “should be at the top of everyone’s list.” Homeownership can help you build equity over time. Your monthly payments will remain stable. You may have some tax benefits. You can take pride in ownership. Homeownership improves […]
Average mortgage rates rise above 4%
The average 30-year mortgage was 4.03% this week, passing the psychologically noteworthy level of 4% for the first time since May. Source: Florida Realtors
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