There are some people who haven’t purchased homes because they are uncomfortable taking on the obligation of a mortgage. However, everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business explained in their…
Over the course of the last thirty years, a shift has happened. An entire generation has been raised to believe that a college education is their key to unlocking opportunities that were not available to their parent’s or grandparent’s generations. Due to this, student loan debt has soared to $1.5 trillion and represents the largest…
Adjustable-rate mortgages (ARMs) represented 9.2% of all loans originated in December – an eight-year high – according to Ellie Mae’s monthly Origination Insight report. A year ago, the ARM share was around 5.6%. “With the strong demand for housing and the rapid increase in property value appreciation, more consumers are turning to ARMs in order…
Operating a moving and storage company requires a lot of resources that is why many moving companies do not offer storage services. Many consumers who are in between homes prefer to do business with a company who provides moving and storage services (one stop shop). There are many moving and storage companies who provide reputable…
Existing-home sales were at a seasonally adjusted rate of 5.32 million in November, an increase of 1.9% compared with October but down 7.0% compared with November 2017, according to the National Association of Realtors (NAR). Regionally, sales increased 7.2% in the Northeast, 5.5% in the Midwest and 2.3% in the South, compared with the previous…
Many times when I meet someone and they ask me what it is I do, the next question is ‘why do I need a home inspection?’ My response is usually short but to the point. Purchasing a home is usually the largest investment you will make in your lifetime. Wouldn’t you want to know all…
Florida’s housing market reported more closed sales, rising median prices and more new listings in October compared to a year ago, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 22,272 last month, up 8.5 percent compared to October 2017. “Florida’s housing market showed a rise in new…
Despite rising home prices and higher mortgage interest rates, millennials are more determined than ever to become homeowners, recent industry reports show. In First American’s Second Quarter 2018 Real Estate Sentiment Index, title agents and real estate professionals report that millennial confidence in the housing market remains strong despite major headwinds including rising interest rates…
Join us on December 6th between 10:00 a.m. – 3:00 p.m. at the Tallahassee Democrat to help Rebuild 850 by filling a truck full of new and unwrapped toys and funds. All new toys and funds benefit Florida’s panhandle communities impacted by Hurricane Michael. You can help by dropping off a new toy (see flyer for…
The millions of millennials who are living at home with their parents or shacking up with roommates will soon want to get married, have children and buy homes, boosting household formation and creating even stronger demand for scarce housing, a report from Freddie Mac predicts. According to the company’s most recent Insight Report, millennials are…
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.