Whether you are buying or selling a home it can be quite the adventure, which is why you need an experienced real estate professional to guide you on the path to achieving your ultimate goal. But in this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO.’ […]
4 form changes go into effect today
The form updates approved at Florida Realtors’ Mid-Winter meetings go live today and will be accessible via Form Simplicity and other forms vendors this morning. Source: Florida Realtors
Should I Wait Until Next Year to Buy? Or Buy Now? [INFOGRAPHIC]
Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1% by 2019. CoreLogic predicts home prices to appreciate by 4.3% over the […]
U.S. home construction jumps 9.7% in January
Commerce Dept.: Housing starts at a pace of 1.33M – the highest since Oct. 2016. Single-family starts up 3.7%, multifamily up 19.7% and building permits up 7.4%. Source: Florida Realtors
Calm Down! The Real Estate Market is NOT Falling Apart
There has been tremendous volatility in certain markets over the last few weeks (for example, the stock and currency markets). When this happens, some tend to lump all of their investments together and create an almost ‘Armageddon’ scenario where everything loses value quickly and dramatically. Real estate is an investment that can get caught up […]
Which Comes First… Marriage or Mortgage?
According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2017 at 57% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable. But, many couples […]
Four form changes go into effect Feb. 20
The changes were approved at Florida Realtors’ Mid-Winter meetings and will be released in Form Simplicity and via Florida Realtors other licensed vendors. Source: Florida Realtors
Low Inventory Pushes Home Prices Higher
According to CoreLogic’s latest Home Price Index, prices appreciated by 6.9% year-over-year from December 2016 to December 2017 on a national level. This marks the fifth month in a row with at least a 6.9% increase. Dr. Frank Nothaft, Chief Economist for CoreLogic, gave insight into the reason behind the large appreciation, “The number of […]
2017 ends with more Fla. home sales, price gains
Florida Realtors: Single-family home sales up 1.2% over 2016, median price up 8%; condo sales up 2.9%, median price up 7.8%. Strong positive trends continued in 4Q. Source: Florida Realtors
The #1 Reason to Sell Now Before Spring
The price of any item (including residential real estate) is determined by ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an […]
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