The national flood program might be in better financial shape if more homeowners knew they needed coverage. A recent study found that 56% do not. Source: Florida Realtors
Why Millennials Choose to Buy [INFOGRAPHIC]
Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” At 93%, the top reason Millennials choose to buy is to have control over […]
Title companies want federal help to fight wire fraud
The title association says it has warned buyers about scammers who steal closing money – but it’s not enough. It’s asking the U.S. consumer bureau to help. Source: Florida Realtors
Fla. 1 of 16 states that taxes investment homes more
In 34 states, investment homeowners pay lower effective property tax rates than homesteaded owners, according to an ATTOM study. Source: Florida Realtors
The 'REAL' News about Housing Affordability
Some industry experts are claiming that the housing market may be headed for a slowdown as we proceed through 2017, based on rising home prices and a potential jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by the National Association of Realtors (NAR). Here […]
S. Fla. office market robust but slowdown looming?
Low interest rates, job growth and a dearth of construction combined to create a prolific office market over the past five years, but some predict a slowdown. Source: Florida Realtors
Buying this Spring? Be Prepared for Bidding Wars
Traditionally, spring is the busiest season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on buyer activity. This year will be no different! Buyers have already been out in force looking for their dream homes and more are on their way, but the challenge is […]
Floridians' confidence hits 15-year high in March
The 99 reading was the highest since March 2002 and second-highest since 2000 following a Feb. dip. All five components that make up the index increased. Source: Florida Realtors
15,014 Homes Sold Yesterday… Did Yours?
There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet, maybe it’s not priced properly. After all, 15,014 houses sold yesterday, 15,014 will sell today and 15,014 will sell tomorrow. 15,014! That […]
Again… You Do Not Need 20% Down to Buy NOW!
A survey by Ipsos found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. There are two major misconceptions that we want to address today. 1. Down Payment The survey revealed that consumers overestimate the down payment funds needed to qualify for a […]
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