Some Highlights: Paying rent is not a good investment, but owning is a great way to start building family wealth. Not only does homeownership allow you to provide your children with great education, but you can also decide whether or not your child grows up with a pet. Owning a home provides you with tax benefits […]
Wall Street Journal: Housing Recovery Picks Up Steam
Yesterday, we ran a post quoting major housing experts on the increasing strength of the U.S. housing market. We were pleasantly surprised that, on the same day, the Wall Street Journal decided to run a front page story titled, “Housing Recovery Picks Up Steam” (article available to WSJ subscribers). The first paragraph of the article […]
1 in 10 home sales flipped in many Fla. metros
RealtyTrac: Home flipping increased 20% in the first quarter, though the total number of flips was still 26% below its 2006 peak – and more flippers now pay cash. Source: Florida Realtors
A Possible Housing Meltdown? These Experts Respectfully Disagree
We want to let you know that “rumors of a new market meltdown” are not based on any reputable data. As proof, we offer you the comments of the following experts who have a totally different view on the current housing market. Lawrence Yun, Chief Economist at NAR: “In spite of deficient supply levels, stock […]
Supreme Court sides with owners in wetlands case
The U.S. Supreme Court ruled Tue. that property owners can file a lawsuit against the U.S. Army Corp of Engineers if they disagree with its land-use decisions. Source: Florida Realtors
How Does Housing Help Build Family Wealth?
As the economy continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build their net worth. One way to dramatically increase their family wealth is through the acquisition of real estate. For example, […]
Banks rush to offer 3% downpayment loans
If one major bank starts to offer 3% downpayment loans, others often follow. So far, Wells Fargo, Chase and BofA are offering non-FHA, low-downpayment products. Source: Florida Realtors
All Gave Some. Some Gave All.
Source: Luxury Market News
New & Existing Home Sales Climb [INFOGRAPHIC]
Some Highlights: Both New Home Sales and Existing Home Sales are up month-over-month and year-over-year. Inventory remains low which continues to drive home prices up as demand continues to exceed the 4.7-month inventory. The median price of new homes is up 12% from March 2015, while the median price of existing homes is up 6.3% from April […]
Unparalleled Trust Necessary Before Listing Your House
You and your family have decided to sell your house. It is now time to choose a real estate professional to help with the process. One of the major attributes this agent must possess is trustworthiness. To what degree do you need to trust them? You must have enough trust in them that you feel […]
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