Florida Real Estate – Follow the demographics and focus on seniors When he grew tired of his work and thought about starting a business, he looked at population and housing trends and found that retirees were moving into the Santa Rosa Beach, Florida, area. In a survey of Florida owners by TD Bank, nearly 30... Read more »
Miami Real Estate – Home Buyers and Home Sellers With respect to Miami real estate, Londyn Belle Home Services is respected for serving home buyers and home sellers. We just sole this beautiful three bedroom, three bathroom, home in Miami, FL for $260,000. Current Miami Real Estate for Sale
Top 10 benefits of ownership Buying a home may be the American dream, but it’s also a monumental task: You have to clean up your credit, apply for a mortgage, scrape together a downpayment, and then move all your worldly possessions in after you close on the deal. Phew! So then why do millions of... Read more »
Why It’s taking longer to go from contract signing to closing ? Contract-to-close took 4 days longer in 2016 The time-to-close averaged 40.5 days in November 2016; in November 2015, it averaged 36.7 days, according to data from the National Association of Realtors® (NAR). NAR called the longer closing times “unexpected.” NAR started tracking closing delays... Read more »
Failure to qualify for a mortgage: Top 3 reasons A Federal Reserve study on mortgages pinpointed the top three reasons people fail to get approved – the biggest snares for homebuyers seeking a loan. Buyers who focus on these areas before applying stand a better chance of eventually hearing: “Yes, we can loan you the... Read more »
With Fed hike done deal economists eye next one The long-awaited interest rate hike is history after the Federal Reserve finally pulled the trigger last week for just the second time in a decade. Now, it’s on to bigger and better things – like judging if economic reports are strong enough to warrant another rate... Read more »
How long until we have more homes to sell? Homebuyers face too few options in their search for homes in many markets, and they’ll continue to face constrained supplies for at least four more years, writes Lawrence Yun, the chief economist for the National Association of Realtors®, in his latest column at Forbes.com. Inventories remain... Read more »
Nov. new home starts fall following Oct. surge Builders pulled back on constructing homes in November, after groundbreakings surged in October to the strongest pace in more than nine years. Housing starts fell 18.7 percent last month to a seasonally adjusted 1.09 million, the Commerce Department said Friday. The decline likely reflected a natural regression... Read more »
the starter home making is a comeback Starter homes were largely viewed as a dying fad, but millennials are showing renewed interest. They believe the starter home may help turn them into a homeowner more quickly. Six in 10 millennials recently surveyed by Berkshire Hathaway HomeServices expressed an interest in purchasing a starter home, seeking... Read more »
Will Fed interest rate hikes boost mortgage rates The Federal Reserve hiked short-term interest rates Wednesday in a move largely predicted by economists, and it suggested that three more additional increases could occur in 2017. What does this mean for mortgage rates and buyers? First off, the Fed doesn’t set mortgage rates. The short-term rates... Read more »