Top economists meeting at NAR’s Washington headquarters said that it’s tough out there for buyers right now, especially first-timers – but help is available. Source: Florida Realtors Related Posts:Smaller Homes, Bigger Opportunities: The Homebuilder…Mortgage Rates Are Stabilizing – How That Helps…The 3 Things You Risk by Pricing Too HighThe Biggest Perks of Buying a Home […]
Report: Home prices still 'have room to run'
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:Time in the Market Beats Trying To Time the MarketExpert Forecasts Point to Affordability Improving in 2026Should I Buy a Home Right Now? Experts Say Prices…Do You […]
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:Is the Housing Market Going To Crash? Here’s What…What a Fed Rate Cut Could Mean for Mortgage RatesShould I Buy a Home Right […]
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:The Return to Urban Living — Why More People Are…Is the Housing Market Going To Crash? Here’s What…Expert Forecasts Point to Affordability Improving in […]
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:Are You Saving Up To Buy a Home? Your Tax Refund Can HelpThe #1 […]
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:What a Government Shutdown Really Means for the…The VA Home Loan Advantage: What Every Veteran…What Credit Score Do You Really Need To Buy a […]
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:Why More Homeowners Are Giving Up Their Low Mortgage RateMortgage Rates Are Stabilizing – How That Helps…Would You Let $80 a Month […]
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:2026 Housing Market OutlookExpert Forecasts Point to Affordability Improving in 2026The Latest Expert Forecasts for the 2025 Housing […]
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:Are These Myths About Buying a Newly Built Home…How To Buy a Home Without Waiting for Lower RatesThe Truth About Down Payments (It’s Not What You Think)Is an […]
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:The Return to Urban Living — Why More People Are…More Contracts Are Falling Through. Here’s How To Get Ahead.How To Make Sure Your Sale Crosses […]
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