Investors Are Not Buying Up All the Homes

There’s a misconception Wall Street is buying all the homes on the market. But data proves that isn’t true.

There’s a misconception Wall Street is buying all the homes on the market. But data proves that isn’t true.
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…
Once a lender has reviewed your finances as part of the homebuying process, you want to be as consistent as possible. Don’t make any big changes that could affect your mortgage application.
If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump…
Mattress Money and other funds used to purchase a home With vigilant focus on the source of funds for closing mortgage loans, its important to know what’s acceptable. Here’s what you need to know and what you will need to provide: Mattress Money Or any “cash on hand” is not acceptable. All funds must…
This is the time when a lot of people take a moment to reflect and set their goals for this year.
If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent.