Despite legislative and regulatory uncertainty over the upcoming change in the U.S. administration, Fannie Mae’s latest Economic and Housing Outlook predicts modest growth for 2016 and 2016 at a pace of about 1.8%. Source: Florida Realtors
Homes Across the Country Are Selling Fast! [INFOGRAPHIC]
Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes […]
From Empty Nest to Full House… Multigenerational Families Are Back!
Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to a recent Pew Research Center report, the number of multigenerational homes dropped to as low as 12% in 1980 but has shot back up to 19%, […]
You Can Never Have TMI about PMI
When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have Too Much Information (TMI) about […]
Don't believe myths about reverse mortgages
A reverse mortgage might be a wise financial option for older adults – or not. However, a lot of misinformation can be ignored. Source: Florida Realtors
A Lack of Listings Remains 'Huge' Challenge in the Market
The housing crisis is finally in the rearview mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures & short sales) are at their lowest mark in over 8 years. This has been, and will continue to be, a […]
Feds update their guidance on 'sober homes'
Sober homes – group homes that serve recovering addicts – are protected under fair housing laws, but new guidance could give cities a bit more oversight. Source: Florida Realtors
Fla. has new rules for reporting pollution
Under emergency rules, the owner of a Fla. business must report pollution “contamination” within 24 hours – but specific regulations could change Dec. 25 and again after the 2017 Florida Legislature considers the issue. Source: Florida Realtors
Why Waiting Until After the Holidays to Sell Isn’t a Smart Decision
Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are six great reasons not to wait: Relocation buyers are […]
Thank You for Your Service!
Thank you for your service! Source: Luxury Market News
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