Sales of newly built single-family homes posted a substantial month in February. New-home sales rose to a seasonally adjusted annual rate of 592,000 units, up 6.1% month over month and 12.8% in front of a year ago, the Commerce Department reported this week. New-Home Sales Increase ... » Learn More about New-Home Sales Increase 6%
Florida Housing 2017
Be cautious about This With regards to Flips
Home flipping is increasing at a rate comparable to 2006, and some real estate pros are warning buyers to be cautious and do their homework before purchasing flips. Be cautious about This With regards to Flips “Some flippers are turning historic homes into modern, hybrid treasures, ... » Learn More about Be cautious about This With regards to Flips
RE/MAX National Housing Report March 2017
Home Prices at New High in February Within Record Low Supply. February home prices reached a new high as steady demand combined with record low inventory drove prices up, as outlined by this month’s RE/MAX National Housing Report that surveys 53 metro areas. As you may know, the March 2017 report is ... » Learn More about RE/MAX National Housing Report March 2017
30-year rates on mortgages increase again to 4.30%
Long-term U.S. mortgage rates rose this week for a second straight week, posting new highs for the year. The markets were anticipating an increase in a key interest rate by the Federal Reserve, which the Fed announced Wednesday. 30-year rates on mortgages increase again to ... » Learn More about 30-year rates on mortgages increase again to 4.30%
Ways to Sell and purchase your home inside a Seller’s Market
Homeowners inside a seller’s market face a conundrum: on the one hand, their home is worth more than it has ever been, but on the flip side, if they decide to sell it and buy a new one, they’re going to face stiff competition, high prices as well as a market where homes are selling in record ... » Learn More about Ways to Sell and purchase your home inside a Seller’s Market