If ROI (return on investment) is applied to taxes, a WalletHub study ranks Fla. third in the nation for the value residents get from the state taxes they pay. Source: Florida Realtors
Renting or Buying… Either Way You’re Paying a Mortgage
There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained this month […]
Great American Realtor Days kicks off
Realtors across Florida traveled to Tallahassee today for the first full day of Great American Realtor Days (GARD). Source: Florida Realtors
How Low Supply & High Demand Impacts the Real Estate Market [INFOGRAPHIC]
Some Highlights: The concept of Supply & Demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high! Anything under a 6-month supply is a Seller’s Market! There has not been a 6-months inventory supply since August 2012! […]
The Foreclosure Crisis: 10 Years Later
CoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years leading up to the crisis all the way through to present day. With a peak in 2010 when nearly 1.2 million homes were foreclosed on, over 7.7 million families lost their homes throughout the entire […]
U.S. new home sales rise despite higher mortgage rates
Commerce Dept.: New home sales rose 6.1% in Feb. to the fastest pace since July, up about 13% from a year ago. Builders also have ramped up new-home construction. Source: Florida Realtors
What Are the Experts Saying about Mortgage Rates?
Mortgage interest rates have risen over the last few months and projections are that they will continue their upswing throughout 2017. What impact will this have on the housing market? Here is what the experts are saying: Laurie Goodman, Co-director of the Urban Institute’s Housing Finance Policy Center: “In 1984, 1994, 2000, and 2013, every […]
Could rising mortgage rates be good for housing?
While higher rates make it more expensive for buyers, rising rates could also push fence-sitters into action and convince banks that they can approve more loans. Source: Florida Realtors
It's a Seller's Market! Should I Downsize Now?
A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their houses in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority of the country is currently experiencing a seller’s market. In a blog, Dave Ramsey, the financial […]
Budget proposal could impact flood insurance
Proposed $190M budget cuts for updating flood maps could lead to higher costs if insurers stop trusting older maps or homeowners must make up the difference. Source: Florida Realtors
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