Good news on the National Mortgage Market, locally we continue to have a healthy demand for Existing Homes and New Construction Homes as well. Delinquencies on mortgage loans (30 days or more past due but not in foreclosure) on one-to-four-unit residential properties were at a rate of about 4.66% as of the end of the…
Rents are rising at a faster pace than home prices, especially in central and coastal Florida. Mortgage rates are still favorable. In most of Florida, it is still cheaper to buy than to rent a home. We’re nearing the end of the era of low mortgage rates and moderate prices. Personal income is starting to…
We share insightful articles and resources to help homeowners and real estate professionals stay connected to the top trends related to the real estate market and local happenings in Tallahassee.