Looking for an apartment or house to rent can be stressful. Rental prices have rebounded well above their pandemic lows and are now among the major inflation pain points for American consumers, along with food and gas prices. Several factors have contributed to the rising rents, including low housing inventories....
Month: April 2022
Cash In On Your Homes’ Equity!
It may be time to cash in on your home’s equity! The median value of homes in Florida has grown by 23.9% in the last 12 months. Over the past 5 years home values in Florida have increased by nearly 69%! If you live in the state of Florida, all...
Sell House Now or Wait a Year?
It's currently a seller's market -- but how long will it last? As we get deeper into spring, you may start toying with the idea of selling your home. Spring is typically when housing inventory increases, and it's a good time to sell from a buyer interest and curb appeal...
Mortgage Originations Drop as Rates Rise – What to Know
With interest rates rising, housing is becoming less affordable. Recent data has shown mortgage originations down 33% compared to last month. What does this all mean? 1st - Housing is becoming less affordable 2nd - We will start to see high listed properties sit on the market for longer. There...
Rocket Mortgages Prediction
Rocket CEO Jay Farner joins 'The Exchange' to discuss how higher mortgage rates will affect the overall lending and homebuilder market. "We're looking at $2 trillion of mortgages this year, says Rocket CEO" Credit: CNBC Real Estate News
The Real Costs Involved When Selling Your Florida Home to an iBuyer
An iBuyer (instant buyer) is a real estate investor or company that uses the most current technology and algorithms to purchase and resell homes as quickly as possible. Although it may appear that they are offering you certain conveniences when selling your home, they may be concealing an unfavorable truth. ...
5 Ways to Determine if You are Working with a Legitimate Real Estate Investor
There are plenty of “homebuying” or investment companies out there. If you have any equity in your home whatsoever, you have probably been inundated with letters from investors over the past couple of years. So, how do you sift through your options and find a legitimate real estate investor who...
Overvalued housing market showing signs of deceleration
Rising mortgage rates may be slowing down the booming housing market across the country. Last week, the average 30-year fixed mortgage rate topped 4.67%—up from 3.11% in December. That's a bigger deal than it might appear. If a borrower took out a $400,000 mortgage at 3.11%, they would owe $1,710...
Florida’s real estate market: Stats and trends for 2022
Several cities in Florida - including Spring Hill near Tampa, Lehigh Acres near Fort Myers, and Palm Bay in Brevard County - are listed as some of the best cities to invest in real estate in 2022, according to Policygenius. The website analyzed key real estate investment data points including...
How to Sell Your Florida Rental Property When You Have Challenging Tenants
When you are a landlord in Florida, you have a lot to deal with daily. The last thing you need to be dealing with is challenging tenants. There may come a time when you have had enough of tenant-related issues and decide that it’s time to sell your rental property...
