Personal finance website GOBankingRates.com released a guide detailing how monthly rent compares to monthly mortgage payments all over the U.S. To check out the price breakdown for all U.S. states, visit the GOBankingRates website. The bottom line: the expense to own a house as opposed to to rent ... » Learn More about The expense of home renting vs. owning in Florida
Buying a home
First-Time Buyers Not Buying Starter Homes
The starter home trend could possibly be fading in real estate. Before the housing bubble, first-time buyers with average incomes would look for a less expensive, smaller house with the idea of moving on to a larger home within a few years. Today’s first-time buyers want a home that suits their ... » Learn More about First-Time Buyers Not Buying Starter Homes
Renovation Spending Near Level of 2006
Home owners are realizing how much equity they’ve accrued, and they are looking to spend it on remodeling projects. Annual spending for home renovation projects is expected to bloom to $321 billion by the middle of the coming year, which happens to be just shy of the previous peak set in 2006 ... » Learn More about Renovation Spending Near Level of 2006
RE/MAX reports that Median Sales prices are up throughout the US
The RE/MAX National Housing Report showed that median home price throughout the country rose only 0.7% to $229,000 since June of last year. Augusta, Maine, had the highest percentage of growth in closed transactions, at 22.7%. Out of the 53 metro areas surveyed, 31 experienced growth in closed ... » Learn More about RE/MAX reports that Median Sales prices are up throughout the US
Insurance Tid-Bits for First-Time Home Buyers
Buying home insurance for the first time is overwhelming, especially if you’re trying to go it alone. Before shopping for coverage, review these common insurance questions to make sure you’re armed with the information to get the best insurance policy for your needs. Insurance Tid-Bits for ... » Learn More about Insurance Tid-Bits for First-Time Home Buyers