New stats have come in via LinkedIn that shows an interesting real estate market trend. New home sales have jumped a whopping 55% since last year. This is a HUGE increase! We are observing that more and more people are taking a preference towards less congested areas with their own living space. This is not […]
The lack of homes on the market, price jumps and bidding wars does not stop buyers from closing on the homes of their dreams. In April 2016, the number of homes sold shot up 4.9%, year over year to 471,000 purchases across the United States of America, according to the National Association of Realtors. Sales […]
Many people dream of becoming homeowners, and mortgage rates, the qualification process and more seem to keep some home buyers on the side line. With current mortgage rates so low, this would be a great time to get out of your apartment and buy a home! There are several good reasons why you shouldn’t be […]
The first month of each year when home buying starts to heat up is always April. Experts at the Florida Association of Realtors are expecting the next 4 months (April to July) to have the highest number of buyer and seller transactions all year. Considering real estate transactions have already started this year off at […]
It’s no secret that for the past 6-8 months the supply of single family homes has been well below average. Here in the Florida market, the lack of homes to purchase is causing a buyer frenzy. Specifically in the Tampa Bay and Miami housing markets, the shortage is readily apparent. Prices have shot up already […]
All year long we have been watching the real estate market heat up in Florida. There are many reasons why we are seeing a different resurgence this year! A few of the key catalysts are: the Florida Legislature, interest rates and PMI insurance reductions. Each of these played a high valued role in the 2015 […]