There is great news for real estate investors – more people prefer to rent in today’s housing market. In the past, studies have shown that millennials are the only demographic that will continue to … [Read more...]
Home Values Quickly Rise at Fastest Pace in 12 Years
All across the country, home values have risen a staggering 8.7% since April 2017. This puts homes at a median value to $215,600, according to Zillow and confirmed by the Federal Housing Finance … [Read more...]
Home Possible Mortgages
Effective July 29, 2018, Fannie Mac is revising income limit requirements for Home Possible Mortgages to better focus on serving low-income and moderate-income borrowers. Freddie Mac is also rolling … [Read more...]
Homebuyers Should Focus on the Mortgage First, Then on Finding a Home
A recent study commissioned by Fannie Mae shows that homebuyers, especially when they are first starting out, should focus on getting a mortgage first, and then work on finding a home to buy. This is … [Read more...]
Mortgages for Investment Properties
Though buying an investment property and getting it on the market to produce an income has several component parts, arranging for financing is often at the top of the list. An investment property … [Read more...]
Tampa Bay Communities Named Best Places to Live in Florida
Niche recently ranked the best 25 places to live in Florida for 2018. The top 4 are in Tampa, with Tampa Bay as home to over half of the communities ranked in the top 25. If anyone ever doubted … [Read more...]
Reverse Mortgages Underutilized by Seniors According to Researchers
At the Housing Wealth in Retirement Symposium in Washington, D.C., researchers met with policymakers to discuss topics related to seniors with home equity in retirement. This included a discussion on … [Read more...]
Tampa Ranked Among Top 25 Cities for Cash-Out Refinance Mortgages
Cash-out refinance mortgages are used by homeowners and investors to tap into their home equity when renovating, purchasing a second home, consolidating debt, or to accomplish numerous other financial … [Read more...]
Housing Market Strengthens as Fannie Mae’s Home Purchase Sentiment Index Hits 12 Month High
Fannie Mae released its March 2018 report giving details about the climate for buying and selling homes in the U.S., which shows that respondents are more positive about buying and selling a home than … [Read more...]
Home Appreciation Slows, As Fewer Homes Are On The Market
Across the U.S., home appreciation is at the slowest pace in 15 months, according to a press release from Zillow. This is good news for people who are looking to purchase a home, but it is also a sign … [Read more...]
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