Fla. ranks second for improving “housing market stability” year-to-year, says Freddie Mac, and its MiMi Index for Fla. (86.7) beats the national index (86.7). Source: Florida Realtors Related Posts:Where Are Home Values Headed Over the Next 12 Months?The Surging Real Estate Market Continues to ClimbNew Index Reveals Impact of COVID-19 on Real EstateWhat’s Happening with […]
30-year mortgage rate rises again, now at 4.08%
The average FRM reached its highest point of the year this week following a post-election surge in prices – and 50% of experts think the trend will continue. Source: Florida Realtors Related Posts:4 Reasons Why the Election Won’t Dampen the Housing MarketExperts Project Mortgage Rates Will Continue To Rise in 2022With Mortgage Rates Climbing, Now’s […]
Realtor.com forecast: 2017 real estate trends
Mortgage rates will hit 4.5%, home sales will rise 1.9% and prices will go up 3.9% as millennials, boomers and Western cities dominate the real estate market. Source: Florida Realtors Related Posts:2022 Housing Market Forecast [INFOGRAPHIC]Homebuyers: Be Ready To Act This WinterWhat’s Causing Today’s Competitive Real Estate Market?…Where Are Mortgage Rates Headed?
Work begins to extend Fla. property tax increase cap
A constitutional amendment passed in 2008 – one that caps non-homestead property owners’ tax increase at 10% per year – expires in 2019. However, Florida Realtors strongly backs an extension, and voters might reauthorize it in 2018. Source: Florida Realtors Related Posts:Two Reasons We Won’t See a Rush of Foreclosures This Fall111,285 Reasons You Should […]
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 Related Posts:Why It Just Became Much Easier To Buy a HomeChances of Another Foreclosure Crisis? “About Zero Percent.”VA Home LoansWhy This Housing Market Is Not […]
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 Related Posts:The Latest Unemployment Rate Fell to 8.4%Builders & Realtors Agree: Real Estate Is BackHomebuyers Are Going on a Shopping Spree This WinterHow […]
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 Related Posts:The Beginning of an Economic RecoveryA Remarkable Recovery for the Housing MarketWhat Are the Experts Saying About Future […]
Don't believe myths about reverse mortgages
A reverse mortgage might be a wise financial option for older adults – or not. However, a lot of misinformation can be ignored. Source: Florida Realtors Related Posts:Do You Need to Know More about Forbearance and Mortgage…Knowledge Is Power on the Path to HomeownershipMyths About Today’s Housing Market [INFOGRAPHIC]It’s Not Too Late To Apply For […]
Feds update their guidance on 'sober homes'
Sober homes – group homes that serve recovering addicts – are protected under fair housing laws, but new guidance could give cities a bit more oversight. Source: Florida Realtors Related Posts:Real Estate Professionals Are Experts at Keeping You Safe…Why It’s Still Safe To Sell Your HomeGuidance and Support Are Key When Buying Your First HomeThings […]
Fla. has new rules for reporting pollution
Under emergency rules, the owner of a Fla. business must report pollution “contamination” within 24 hours – but specific regulations could change Dec. 25 and again after the 2017 Florida Legislature considers the issue. Source: Florida Realtors Related Posts:The July Luxury Market ReportHow Homeownership Can Bring You JoyThink You Should For Sale By Owner? Think […]
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