Highlights: When listing your house for sale your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens! Your real estate agent will have a list of specific suggestions for getting your house ready for market and is […]
Gov. Scott signs real estate-related bills into law
New laws will change the way Fla. regulates and defines “mortgage lenders,” boosts flood ins. warnings, and adjusts rules for HOA covenants and restrictions. Source: Florida Realtors
Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices
Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year. Many believe that an increase in mortgage rates will cause a slowdown in purchases which […]
Is a Major Home Renovation Worth It in the Long Run?
Last week, we shared “7 Factors To Consider When Choosing A Home To Retire In.” For some homeowners, these seven factors can be taken into account with a home renovation, but is it worth it to remodel or change floor plans? Let’s look at this example. Let’s say you have a 4-bedroom colonial style home […]
Report: Fla. building codes thwarted hurricane damage
Fla.’s building codes top all other states, according to a report that found the state’s newer construction was better able to withstand Hurricane Irma damage. Source: Florida Realtors
Are You Aware of How Much Equity You Have in Your Home? You May Be Surprised!
CoreLogic’s latest Equity Report revealed that 675,000 US homeowners regained positive equity in their homes in 2017. This is great news for the country, as 95.1% of all mortgaged properties are now in a positive equity situation. “U.S homeowners with mortgages (roughly 63% of all the properties) have seen their equity increase by a total of $908.4 billion […]
Economist calls home construction 'vastly inadequate'
NAR Chief Economist Lawrence Yun calls home construction “the key to economic prosperity” but sounds an alarm because numbers are moving in the wrong direction. Source: Florida Realtors
Dreaming of a Luxury Home? Now’s the Time!
If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in today’s premium home market, buyers are in control. The inventory of homes for sale […]
Big question for Fed: 3 or 4 interest rate hikes this year?
The Fed meets again this week to consider hiking interest rates, which directly impact short-term mortgage rates and, indirectly, fixed-rate loans. Source: Florida Realtors
The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]
Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now. Don’t wait until rates hit 5% to start searching for your dream home! Source: […]
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