A new trend popping up is “village” communities. Individual owners agree to work together to build healthy families with adoptive or foster children. Source: Florida Realtors
Home Prices Up 6.15% Across the Country! [INFOGRAPHIC]
Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more! Alaska, Delaware, West Virginia & Wyoming were the […]
Consumer Confidence in Economy & Housing is Soaring
The success of the housing market is strongly tied to the consumer’s confidence in the overall economy. For that reason, we believe 2017 will be a great year for real estate. Here is just a touch of the news coverage on the subject. HousingWire: “Consumers’ faith in the housing market is stronger than it’s ever […]
30-year mortgage rate drops for second straight week
Two weeks ago, the 30-year FRM hit its highest point of the year, but it dropped again this week to 4.14%. Most experts predict little change over the short term. Source: Florida Realtors
Looking to Move-Up to a Luxury Home? Now’s the Time!
If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control. The inventory of homes for sale in the luxury […]
NAR: Feb.'s pending home sales leap 5.5%
Pending home sales rebounded sharply to the highest level in nearly a year and second-highest in over a decade. “The stock market’s continued rise and steady hiring in most markets is spurring significant interest in buying,” says NAR economist Yun. Source: Florida Realtors
Millionaire to Millennials: Buy Now!
Self-made millionaire David Bach was quoted in a CNBC article explaining that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator to wealth.” Bach went on to explain: “If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none. The […]
Fla. a top state when comparing taxes paid to services received
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
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