Investors locked on one word from the Federal Reserve’s minutes released Wednesday: “soon.” The subtle shift makes an interest rate increase more likely. Source: Florida Realtors Related Posts:Are Investors Actually Buying Up All the Homes?What a Fed Rate Cut Could Mean for Mortgage RatesWhy Big Investors Aren’t a Challenge for Today’s HomebuyerAre Big Investors Really […]
What do you do if floodwater rises unexpectedly?
The floods in Louisiana came without warning, spurring FEMA to issue homeowner guidelines on steps to take before and after floodwaters enter your home. Source: Florida Realtors Related Posts:What You Need To Know About Homeowner’s InsuranceMore Contracts Are Falling Through. Here’s How To Get Ahead.The #1 Regret Sellers Have When They Don’t Use an AgentWhy […]
Tight inventory could extend spring selling season
Parents like to home shop in the spring and close in summer to maintain school stability – but with fewer houses on the market, some may still be looking. Source: Florida Realtors Related Posts:3 Reasons To Buy a Home Before Spring4 Things To Expect from the Spring Housing MarketWhy Selling Your House This Winter Gives […]
Which listing price is better – $200K or $199K?
FAU: In a study of actual sales, the $199K prices nets sellers more money overall, even though $200K sellers tend to get an offer that’s closer to asking price. Source: Florida Realtors Related Posts:The Secret To Selling Your House in Today’s Market3 Reasons To Buy a Home Before SpringIs the Housing Market Going To Crash? […]
July marked a big month for housing
It’s too soon to definitively say the market is back and real estate is great again, but several summer indicators suggest it might be true. Source: Florida Realtors Related Posts:3 Reasons To Buy a Home This SummerAre Builders Overbuilding Again? Let’s Look at the Facts.The Return to Urban Living — Why More People Are…What a […]
CFPB issues foreclosure-prevention guidelines
The principles aren’t legally binding; instead, they create guidelines for the industry and lawmakers to follow after the federal foreclosure program (HAMP) ends. Source: Florida Realtors Related Posts:Why Rising Foreclosure Headlines Aren’t a Red Flag…The U.S. Foreclosure Map You Need To SeeWhat a Fed Rate Cut Could Mean for Mortgage RatesWhy a Pre-Listing Inspection May […]
S. Fla. homebuyers frustrated by shortage of listings
A lack of for-sale homes is rattling buyers, emboldening sellers and pushing prices higher. A normal supply is 6 months; on July 1, Broward had only 3.8 months. Source: Florida Realtors Related Posts:3 Reasons To Buy a Home This SummerWhy Buyers and Sellers Face Very Different Conditions TodayDo You Think the Housing Market’s About To […]
NAR: Pending home sales marginally rise in June
NAR: Index inched 0.2% higher to 111.0 in June – 1% more than a year ago. Supply and affordability constraints hampered activity despite very low mortgage rates. Source: Florida Realtors Related Posts:It’s Getting More Affordable To Buy a HomeExpert Forecasts Point to Affordability Improving in 20263 Reasons Affordability Is Showing Signs of…Mortgage Rates Are Stabilizing […]
HUD to investigate downpayment aid programs
HUD switched direction. It now says it will look for cases where lenders failed to fully inform FHA buyers on loan terms, charged improper fees or used coercion. Source: Florida Realtors Related Posts:What Credit Score Do You Really Need To Buy a Home?The Truth About Credit Scores and Buying a HomeThe VA Home Loan Advantage: […]
Housing is for everyone – no exceptions
At NAR’s “Housing for All” symposium this week, NAR VP and Floridian Sherri Meadows said that while homelessness is down, “housing insecurity” is on the rise. Source: Florida Realtors Related Posts:Is the Housing Market Going To Crash? Here’s What…The Truth About Down Payments (It’s Not What You Think)Is It Better To Rent or Buy a […]
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