Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’ current views and forward-looking expectations of housing market conditions. Great News!…
The Home buying process is at times confusing especially for first time home buyers. Having a Professional Realtor guiding you through the process can make it less complicated. Let’s skip ahead in the process a little. You took your Realtor’s advice and hired a Licensed Professional Home Inspector to inspect your soon to be home.…
Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space. Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build your own wealth, rather…
Tip #1: Many consumers on a budget choose to pack their household goods themselves commonly referred to as self-pack and hire the services of a professional moving company to move their household goods. Whether moving short or long distance, your household goods will be loaded into the back of a moving van where items will…
The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership. The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2%…
There’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell. Here’s a look at why selling now is likely to drive the greatest return on your largest investment. Home values have been appreciating for several years now, growing at a strong, steady, and impressive…
We’re in the middle of slowdown internationally with countries such as China and Europe. Part of their slowdowns have to do with not having as much of an advantageous position with the US to trade, due to Trump’s negations with new trade deals or tariffs if trade deals are not reached. Due to all of…
How long has it been since you’ve checked your credit score? On average, only 41% of Americans check their score once a year. That’s not a bad thing, but if you’re interested in purchasing a home, you will want to start looking into your score and how you can improve it if it needs a…
Whether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a down payment, and how to best source down payment assistance. Let’s tackle these two today. 1. How much do you really need…
On his personal website, self-made millionaire David Bach makes a striking statement: “Not prioritizing homeownership is the single biggest mistake millennials are making.” He further stated, “Buying a home is an escalator to wealth.” Bach explains: “Young adults in particular aren’t hopping on this escalator, and it’s a costly mistake…If millennials don’t buy a home, their chances…
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.