More small business owners are relocating to states like Florida to tap into an expected surge of baby boomers who are longing for warm climate retirement. Source: Florida Realtors
2 Tips to Ensure You Get the Most Money When Selling Your House
Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. However, let’s look at this […]
With Fed hike done deal, economists eye next one
All things being equal – meaning the U.S. economy keeps improving and new batches of data prove it – the Fed might raise short-term interest rates again in March. Source: Florida Realtors
The Impact Your Interest Rate Has on Your Buying Power [INFOGRAPHIC]
Some Highlights: Your monthly housing cost is directly tied to the price of the home you purchase and the interest rate you secure for your mortgage. Over the last 30 years, interest rates have fluctuated greatly with rates in the double digits in the 1980s, all the way down to the near 4% we are […]
Why You Shouldn’t Take Your House Off the Market During the Holidays
If you are one of the many homeowners who is debating taking your home off the market for the next few weeks, don’t! You will miss the great opportunity you have right now! The latest Existing Home Sales Report from The National Association of Realtors (NAR), revealed that the inventory of homes for sale has […]
30-year mortgage rate rises again – to 4.16%
It’s the seventh week in a row for increases, and two out of three mortgage experts polled this week predict they’ll continue to rise over the short term. Source: Florida Realtors
The #1 Reason to Sell Now… Not Next Spring
The price of any item (including residential real estate) is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an […]
Fed raises key interest rate for first time in year
The Federal Reserve raised short-term interest rates by a quarter point, which could impact some adjustable-rate mortgages and other consumer loans. Source: Florida Realtors
Building Your Family’s Wealth Over the Next 5 Years
Over the next five years, home prices are expected to appreciate 3.24% per year on average and to grow by 21.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchases and closes on a […]
Struggling homeowners get holiday break
Most lenders, along with Fannie Mae and Freddie Mac, say they won’t evict homeowners going through foreclosure during the holiday season. Source: Florida Realtors
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