Whether you are buying or selling a home, it can be quite an adventurous journey; you need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO. The 5 Reasons You NEED […]
Conforming mortgage limits go up in 2017
For the first time since 2006, the federal government has increased the maximum amount of a conforming loan by $7,100, boosting it to $424,100 in most regions. Source: Florida Realtors
Existing Home Sales Surge Forward Through Fall [INFOGRAPHIC]
Some Highlights: The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report. First-time homebuyers made up 33% of all sales in October. Homes are selling quickly with 43% of homes on the market for less than a month. A limited supply continues to drive up prices for the 56th consecutive month. […]
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Have a Great Holiday! Source: Luxury Market News
Thinking of Selling? Don’t Overlook an Outdated Kitchen, Buyers Won’t
If you are planning on listing your home for sale, make sure that you don’t overlook the condition of your kitchen. A recent article on realtor.com listed “7 Signs Your Kitchen Is Way Overdue for a Renovation,” in which they warned: “Dated kitchens—just like bathrooms—are a major barrier for resale. Buyers want modern amenities and […]
Sales of new homes slipped in October
Commerce Dept.: This month’s sales fell 1.9% compared to Sept., but the rate over the past 10 months is much stronger than the same period in 2015 (12.7% higher). Source: Florida Realtors
Why Are Mortgage Interest Rates Increasing?
According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% last week. Interest rates had been hovering around 3.5% since June, and many are wondering why there has been such a significant increase so quickly. Why did rates go up? Whenever there is a presidential […]
Winter Is Coming… 5 Reasons to Sell Now!
People across the country are beginning to think about what their life will look like next year. It happens every fall; we ponder whether we should relocate to a different part of the country to find better year-round weather, or perhaps move across the state for better job opportunities. Homeowners in this situation must consider […]
Modest economic growth expected
Despite legislative and regulatory uncertainty over the upcoming change in the U.S. administration, Fannie Mae’s latest Economic and Housing Outlook predicts modest growth for 2016 and 2016 at a pace of about 1.8%. Source: Florida Realtors
Homes Across the Country Are Selling Fast! [INFOGRAPHIC]
Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes […]
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