A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quickly the sale will close. It’s […]
Real estate speakers see challenges, opportunities
Top economists meeting at NAR’s Washington headquarters said that it’s tough out there for buyers right now, especially first-timers – but help is available. Source: Florida Realtors
When Is a Good Time to Rent? Not Now!
People often ask if now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their third quarter median rent numbers. Here is […]
Report: Home prices still 'have room to run'
Fla. ranks second for improving “housing market stability” year-to-year, says Freddie Mac, and its MiMi Index for Fla. (86.7) beats the national index (86.7). Source: Florida Realtors
4 Reasons to Buy Your Dream Home This Winter
As the temperature in many areas of the country starts to cool down, you might think that the housing market will do the same. This couldn’t be further from the truth! Here are 4 reasons you should consider buying your dream home this winter instead of waiting for spring! 1. Prices Will Continue to Rise […]
New Home Sales Race to Keep Up with Demand [INFOGRAPHIC]
Some Highlights: Many buyers who are searching for their dream homes are turning to new home construction after 10% of all new home buyers sighted a lack of inventory of existing homes as their reason for purchase. The median home price decreased slightly from September’s high of $314,100 to $304,500 in October. The West saw […]
5 Reasons Why Homeownership Is a Good Financial Investment
According to a recent report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 37.7%.” That may have some thinking about buying a home instead of signing another lease extension. But, does that make sense from a financial perspective? In the report, Ralph McLaughlin, Trulia’s Chief […]
30-year mortgage rate rises again, now at 4.08%
The average FRM reached its highest point of the year this week following a post-election surge in prices – and 50% of experts think the trend will continue. Source: Florida Realtors
Is Getting a Home Mortgage Still Too Difficult?
There is no doubt that mortgage credit availability is expanding, meaning it is easier to finance a home today than it was last year. However, the mortgage market is still much tighter than it was prior to the housing boom and bust experienced between 2003 – 2006. The Housing Financing Policy Center at the Urban […]
Realtor.com forecast: 2017 real estate trends
Mortgage rates will hit 4.5%, home sales will rise 1.9% and prices will go up 3.9% as millennials, boomers and Western cities dominate the real estate market. Source: Florida Realtors
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