Advice | For Buyers | Inventory | Marketwatch
Homebuilders Aren’t Overbuilding, They’re Catching Up
You may have heard that there are more brand-new homes available right now than the norm.
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A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]
Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know…
Low down-payment options for condos very limited in South Florida
It’s a common question during the first interview with buyers who may be seeking a condominium here in South Florida: “So do you have a 25% – 30% down payment for your purchase?” It seems to be lost on home sellers during the current frenzy of activity that is fueled by investors and foreign…
Your home has to qualify for a mortgage too!
It’s not just you that has to qualify for a mortgage. Your home does too. Check out the video to learn more about why your new home faces a rigorous qualification just as you do.
- Advice | Buying Myths | First Time Home Buyers | For Buyers | Housing Market Updates | Interest Rates | Marketwatch | Move-Up Buyers
Mortgage Rates Will Come Down, It’s Just a Matter of Time
This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power…
Buy Now, or Wait?
If you’re wondering if you should buy now or wait, here’s what you need to know.
Florida leads nation in cash-only home sales
The Florida Association of Realtors posted an interesting article yesterday about the number of sales that are cash transactions and how Florida is leading the nation in cash sales. http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=1&id=296212 Some of the more interesting statistics from the article: Florida led the nation last month with what one expert called an “astounding” rate…
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