A WalletHub study finds Fla. 10th best for total state and local taxes paid, 25th for real estate taxes, and eighth best for the cost of sales and excise taxes. Source: Florida Realtors
How to Get the Most Money When Selling Your Home
Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. However, let’s look at this […]
FHA loans easier to get – but more in default
More non-bank lenders are now offering FHA loans, and the past-due payment rate rose slightly. Experts disagree on whether that’s good or bad. Source: Florida Realtors
Spring Forward: The Difference An Hour Makes [INFOGRAPHIC]
Some Highlights: Don’t forget to set your clocks forward this Sunday, March 12th at 2:00 AM EST in observance of Daylight Savings Time. Unless of course, you are a resident of Arizona or Hawaii! Every hour in the United States: 649 homes are sold, 177 homes regain equity (meaning they are no longer underwater on […]
30-year mortgage rate rises to yearly high: 4.21%
The Fed is expected to raise interest rates next week, nudging the 30-year FRM higher. Most experts (70%) polled this week predict rate increases will continue. Source: Florida Realtors
Builder Confidence Hits 11-Year High
In many areas of the country, there are not enough homes for sale to satisfy the number of buyers looking to purchase their dream homes. Experts have long proposed that a ramp-up in new, single-family home construction would be one of the many ways to overcome this inventory shortage. According to a recent survey conducted […]
Housing Market Expected to “Spring Forward”
Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market. Many potential sellers believe that waiting until Spring is in their […]
Realtors: How will health insurance bill affect you?
The U.S. House introduced a healthcare bill this week that changes the current system. NAR is studying the issue to see where it might help or hurt Realtors. Source: Florida Realtors
Thinking of Selling? Do it TODAY!!
That headline might be a little aggressive. However, as the data on the 2017 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME! The February numbers are not in yet, but the January numbers were sensational. Lawrence Yun, Chief Economist […]
How will housing change over the next decade?
Be ready for some major demographic housing shifts: Demand will be higher overall, but buyers in their 20s will drop as the number in their 30s and 40s grows. Source: Florida Realtors
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