New Home Sales Race to Keep Up with Demand
Some Highlights: Many buyers who are searching for their dream homes are turning to new home construction after 10% of all new home buyers sighted a lack of inventory of…
Mortgage Rates by Decade Compared to Today
Some Highlights: The interest rate you secure for your mortgage greatly influences your monthly housing costs. In the 1980s, 30-year fixed mortgage rates averaged in the high 12s making the…
Naples/Ft. Myers region shows an increase in new construction 10.9% from 1Q16 and up 11.1% from 2Q15.
NAPLES / FT MYERS HOUSING 2Q16: 20 Consecutive Quarters of Growth: Annual New Home Starts Up 13.7% YoY Annual New Home Starts up 13.7% YoY & 2.7% QoQ, marking 20…
Luxury Home Sales & the Impact of the Stock Market
In a recent post, CoreLogic looked at the correlation between stocks and the sales of upper-end properties ($1 Million+ sales price). The report revealed: “The powerful ‘wealth effects’ generated by…
Buying Remains 36% Cheaper than Renting!
In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas…
Do You Know the Impact Your Interest Rate Makes?
Some Highlights: Interest rates have come a long way in the last 30 years. The interest rate you secure directly impacts your monthly payment and the amount of house that…
Home Sales Accelerate During The “Dog Days of Summer”
Existing home sales have accelerated to the highest pace since February 2007 at an annual pace of 5.57 million. Inventory of homes for sale remains below the historically normal 6-month…
Real estate is top investing choice, with stocks only tied for third, survey finds
According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type…
The Top Reason to List Your House For Sale Now!
If you are debating listing your house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes For Sale…
Homes Are Selling at a Rapid Clip
Homes are selling an average of a week faster than they did a year ago, meaning home shoppers should be prepared to move quickly in a competitive housing market, according…