Category: Dan

Are Florida's Rent Costs Going Down? A recent report from Rent.com show that rent prices in Florida have declined year over year for the first time since 2018. According to the data, rent prices declined 9.21%  year over year. This is the largest percentage drop in the whole country but...

In a new Fannie Mae survey from December 23, consumers expect mortgage rates to go down over the next 12 months leading to a positive increase in Home Purchase Sentiment Index. In the survey 31% expect mortgage rates to decrease, 31% expect rates to increase, and 36% think rates will...

A House vs. A Home As mortgage rates tick off recent highs there still looms a big question. Will the sure in home demand for the pandemic continue moving forward. An often over looked metric in the housing market is Emotions. With an unprecedented surge in first time home owners...

Purchase Volume Continues to Drop With mortgage rates at levels not seem in 30 years they continues to weigh on demand for Mortgages. While applications for refinancing ticked up from the previous week, overall mortgage volume fell again. With some markets getting hit harder then others there as been a...

Highest Mortgage Rates in Over 20 Years As of September 22, 2023 mortgage rates have climbed to their highest levels in 20+ years hitting 7.5% for a 30 year fixed rate mortgage. With rates not seen since 2003, back when the terminator was just elected governor, we cant help to...

Can You Time the Housing Market? Short answer. Not very well. However, people always try to. If you are a need of a home to buy just make sure its something you like and can afford. Never let Macro economic conditions cloud your judgement in the short term. If you...