Florida Realtors reports that the 30-year mortgage interest rate just hit 4.67%, the highest in over three years.
Category: News and Information
There are a number of problems contributing to our current housing shortage.
In the current market here in the Orlando, Central Florida area, the list price for most homes is the discount!
How does someone purchase a home that’s in foreclosure? There are three ways.
The home behind me boasts 4 bedrooms and 2 bathrooms, an open floor plan, and is backed by conservation.
Homeowners are not tapping into that equity today as they did in the run up to the Great Recession.
Mortgage standards are actually drastically different than they were leading up to the housing bubble.
There are three main components that determine affordability. Median home price, median household income, and mortgage loan interest rates.
Today there’s a shortage of inventory across the country with well under 6 months of inventory, which has led to an increase in home values.
If you were affected by the great housing market crash of 2008, it’s only natural to think that it’s happening again.
We know there is a lot of uncertainty out there right now, including what’s happening in the real estate market.
There isn’t much vacant land left in Central Florida zoned for single family residences or agriculture that doesn’t have some wetlands on it.