Some Highlights: Since the creation of the VA Home Loans Program, 22 million veterans have been able to achieve the American Dream of homeownership. In 2017, $188 billion was loaned to veterans and their families through the program. VA Purchase Loans are on the rise in 46 out of 50 states and Washington, DC. Source: Luxury […]
House Prices: Simply a Matter of Supply & Demand
Why are home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them to buy. This is an example of the theory of “supply and demand” which is defined as: “the amount of a commodity, product, or service available and the […]
MLS group commits to common IDX feed
MLS RoundTable, which serves about 300K U.S. Realtors, says it will create a consolidated backend, combine feeds, eliminate RETS servers and make other changes. Source: Florida Realtors
Boomerang Buyers: Most Qualify for Financing in 2-3 Years
According to a new study from Lending Tree, Americans who have filed for bankruptcy may be able to rebuild enough credit to qualify for a home loan in as little as 2-3 years. This is in stark contrast to the belief that many have that they need to wait 7-10 years for their bankruptcies to […]
Hip adult-only apartments the latest trend in senior living
For older boomers, pinochle, shuffleboard and early-bird specials are out. Yoga, happy hours, computer classes, potluck dinners and high-rise buildings are in. Source: Florida Realtors
What Should You Look for In Your Real Estate Team?
How do you select the members of your team who are going to help make your dream of owning a home a reality? What should you be looking for? How do you know if you’ve found the right agent or lender? The most important characteristic that you should be looking for in your agent is […]
New rules make it easier to become a real estate appraiser
The Appraisal Foundation reduced the mandated number of college hours and job training to become an appraiser in a bid to attract more people to the profession. Source: Florida Realtors
NOT Owning Your Home Can Cost You a Lot of Money!
Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Realtor.com recently reported that: “Buying remains the more attractive option in the long term – that remains […]
Rent increases more slowly, easing strain on Americans
Apartment rent increases slowed more in 1Q 2018. Combined with faster wage growth, the trend may ease some financial stress for low and middle-income households. Source: Florida Realtors
The Cost of Renting vs. Buying Today [INFOGRAPHIC]
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced home (15.7%), the choice becomes obvious. Every market is different. Before you renew your lease again, find […]
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