Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where they believe prices are headed over the next five years. They […]
Free credit scores becoming the norm
Many credit cards now give customers access to their FICO score, and Discover says it will start to provide the score to everyone – whether a customer or not. Source: Florida Realtors
When Is It A Good Time To Rent? Definitely NOT NOW!
People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their first quarter median rent numbers. Here is […]
FHA may be reopening doors to condo financing
At one time, FHA offered “spot” condo loans even if a complex wasn’t certified, and while those may or may not be coming back, some changes are in the works. Source: Florida Realtors
Renting vs. Buying: What Does it Really Cost? [INFOGRAPHIC]
Some Highlights: The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent. Buying costs are significantly less than renting costs. The percentage of income needed to afford a median priced home is less than the historic norm. Source: Luxury Market News
Fed may be wedded to a June rate hike
Few experts thought the Fed would raise interest rates in June but that changed yesterday. An interest rate increase would directly impact ARMs and indirectly FRMs. Source: Florida Realtors
The Presidential Election and Its Impact on Housing
Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Times ran an article earlier this week where they explained: “A growing body of research shows that during presidential election years — particularly ones like […]
Are Foreclosures Increasing or Decreasing?
Recently, there has been a lot of talk about the size of the foreclosure inventory in the nation. There has been some speculation that distressed property inventories are about to skyrocket. Today, we want to reveal what is actually taking place in this segment of the housing market. CoreLogic, in their most recent National Foreclosure […]
Fla. will appeal State Farm policy ruling
A circuit court ruled that State Farm doesn’t have to submit its policy-count totals to the state, but Fla.’s new insurance commissioner says he’ll file an appeal. Source: Florida Realtors
In a Seller’s Market: Is it Time to Downsize?
A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their house in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority of the country is currently experiencing a seller’s market. In a recent blog, Dave Ramsey, […]
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