So, you've chosen to take the plunge and invest in your very own home. Congratulations, you're now on the property ladder, and the only direction from this point is up! With your moving day looming, it could feel like your list of to-do's is endless before you can finally set foot in your new pad. ... » Learn More about Essentials for the First-time Homeowner
Buying a home
The expense of home renting vs. owning in Florida
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
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