A UF study projects about 15 million more people in 50 years, and interactive maps show potential population distribution under various smart-growth scenarios. Source: Florida Realtors
Foreclosure Rate Drops to Pre-Crisis Levels [INFOGRAPHIC]
Some Highlights: Only 2.9% of homes are in serious delinquency, down 17.1% from July 2015. This is the 57th consecutive month with a year-over-year decline. The national foreclosure rate has returned to August 2007 levels, at only 0.9%. Source: Luxury Market News
Have a Yahoo email account? Change your password
Information from at least 500M Yahoo accounts was stolen in 2014, making it easier for thieves to hack Realtors’ email and pull off a common closing scam. Source: Florida Realtors
5 Stats That Prove the Real Estate Market Is Getting Stronger
Whenever there is talk about an improving housing market, some begin to show concern that we may be headed toward another housing bubble that will be followed by a crash similar to the one we saw last decade. Here are five data points that show the housing market will continue to recover, and that a […]
EB-5 visa program set to expire Sept. 30
Without Congressional approval, the program that grants visas to foreigners who invest at least $500K in an American business that creates 10 jobs will expire. Source: Florida Realtors
Ready to Make an Offer? 4 Tips for Success
So you’ve been searching for that perfect house to call a ‘home’ and you finally found one! The price is right, and in such a competitive market you want to make sure you make a good offer so that you can guarantee your dream of making this house yours comes true! Freddie Mac covered “4 […]
Fed keeps key rate unchanged, hints of coming hike
The Fed held short-term interest rates steady yesterday but appears ready to hike them later this year. The Fed’s rates directly impact ARMs and, indirectly, FRMs. Source: Florida Realtors
76% Of US Homeowners Now Have at Least 20% Equity in Their Homes!
CoreLogic’s latest Equity Report revealed that 91.1% of all mortgaged properties are now in a positive equity situation, while 75.9% now have significant equity (defined as more than 20%)! The report also revealed that 548,000 households regained equity in the second quarter of 2016 and are no longer under water. Price Appreciation = Good News for Homeowners Frank […]
Not enough construction in most Fla. metro areas
NAR compared local employment gains to housing stock and found 80% of U.S. metros need more construction. In Fla., one city tops list; another ranks near bottom. Source: Florida Realtors
Don’t Underestimate the Importance of Using an Agent When Selling Your Home
When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles. However, for the vast majority of sellers, the most important result is to actually get the home sold. In order to accomplish all three goals, a seller should realize the importance of using a […]
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