It appears that Americans are regaining faith in the U.S. economy. The following indexes have each shown a dramatic jump in consumer confidence in their latest surveys: The University of Michigan Consumer Sentiment Index National Federation of Independent Businesses’ Small Business Optimism Index CNBC All-America Economic Survey The Conference Board Consumer Confidence Survey It usually […]
Average U.S. 30-year mortgage rate falls to 4.12%
It’s the second week of declines, following a surge in mortgage rates in the weeks after the Nov. elections. The average 15-year FRM dropped to 3.37%. Source: Florida Realtors
Top 3 Things Second-Wave Baby Boomers Look for in a Home
According to data from the U.S Census bureau, there are approximately 76.4 million baby boomers living in the United States today. Contrary to what many think, there are very different segments within this generation, and one piece that sets them apart are their housing needs. John McManus, editorial director of Hanley Wood’s Residential Group says […]
Economists: We need more condos
Apartment demand remains high because homeownership has tempted few renters – but that may change soon, and entry-level condos could be key to the transition. Source: Florida Realtors
You Need a Professional on Your Team When Buying a Home
Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to do it on their own. In today’s market: you need an experienced professional! You Need an Expert Guide if You Are Traveling a Dangerous Path The field of real […]
Housing sentiment decreases for fifth month
More consumers worry about rising mortgage rates and home prices, and that has dampened their overall optimism about home buying, at least in the short term. Source: Florida Realtors
If Your Home Hasn’t Sold Yet… Check the Price!
The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the winter as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your house? If your house hasn’t […]
FHA lowers borrowers' mortgage insurance premiums
The low-downpayment mortgage should be more appealing to first-time buyers after FHA breathed “new life into the program” by reducing costs, says NAR. Source: Florida Realtors
3 Tips for Making Your Dream of Buying a Home Come True [INFOGRAPHIC]
Some Highlights: Realtor.com recently shared “5 Habits to Start Now If You Hope to Buy a Home in 2017.” Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking a lot about it. Living within a budget now will help you […]
Millionaire to Millennials: Buy a Home!!
Last week, CNBC ran an article quoting self-made millionaire David Bach explaining that not purchasing a home is “the single biggest mistake millennials are making” because buying real estate is “an escalator to wealth.” Bach went on to explain: “If millennials don’t buy a home, their chances of actually having any wealth in this country […]
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