When it comes to talking about millennials, there are many stereotypes out there that have influenced the way the public feels about the generation. Whether it’s the assumption that millennials are irresponsible with money and would rather buy avocado toast than save for a down payment, or that millennials jump from job to job, the […]
NAR: Dec. pending home sales manage to rise 0.5%
Despite a lack of inventory, U.S. pending home sales still managed to move a bit higher, though NAR expects tax law changes to impact higher-cost areas in 2018. Source: Florida Realtors
2 Major Myths Holding Back Home Buyers
Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership,” which revealed that “eighty percent of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment above 5 percent.” Myth #1: “I Need a 20% Down Payment” Buyers often overestimate the down payment funds […]
Florida consumer sentiment soars entering 2018
UF: Consumer sentiment among Floridians started the year at its highest level in 16 years, up 2.3 points in Jan. to 99.8 from a revised Dec. figure of 97.5. Source: Florida Realtors
U.S. Housing Inventory Crunch Continues… List Your House Today!
Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes. Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW! At the same time, […]
Protecting clients’ privacy is good for business
For legal and ethical reasons, it’s important to protect clients’ privacy – but it’s also good marketing since 81% feel they’ve lost control over personal data. Source: Florida Realtors
5 Reasons Millennials Choose to Buy [INFOGRAPHIC]
Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennials choose to buy is to have control over their living […]
Mortgage rates rise for third straight week
The 30-year fixed-rate mortgage broke the 4% level last week and hit 4.15% this week, lifted by expectations of faster economic growth. Source: Florida Realtors
If You’re Considering Selling, ACT NOW!!
Definitely an aggressive headline. However, as the final data on the 2017 housing market rolls in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME! How did we finish 2017? New-home sales were at their highest level in a decade. Sales of previously owned homes were […]
Gap Between Homeowners & Appraisers Narrows to Lowest Mark in 2 Years
In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 4% or more over the next twelve months. One major challenge in such a market is the bank appraisal. When prices are surging, it is […]
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