An August 23rd press release from Zillow shows U.S. home-value growth slowed in 20 of the 35 largest housing markets, while the rental market is also showing signs of a slowdown. Zillow’s report is … [Read more...]
Marimark Mortgage Ranked a Top Three Mortgage Broker in Tampa, Florida
Marimark Mortgage was named a Top 3 Mortgage Broker in Tampa, Florida by Three Best Rated. Tampa is a very competitive metro for the mortgage industry, partially because Tampa Bay communities are … [Read more...]
Housing Market Experiencing More Price Cuts in Two-Thirds of the Largest Markets
According to a press release published by Zillow on August 16, 2018, cuts to home prices in the largest 35 metros of the U.S. are increasing. This data helps to identify trends and shifts in the … [Read more...]
Homebuyers with Excellent Credit Scores Save Thousands of Dollars on Their Mortgage
It’s common knowledge that having a good credit score will help you get a better interest rate on your mortgage. However, a new study has shown that a good credit score can save homebuyers tens of … [Read more...]
Home Purchase Sentiment Plateaus as Home Trade-Up Confidence Deteriorates
Fannie Mae published a press release in August detailing changes to the Home Purchase Sentiment Index (HPSI) in July, 2018. The HPSI draws from data in the National Housing Survey (NHS) to form a more … [Read more...]
Fewer Young Adults Buying Homes Because of Rising Housing Costs, as Mortgage Rates Remain Low
Although mortgage rates remain low, rising housing costs are resulting in fewer young adults buying homes, according to a report by Freddie Mac. Homeownership rates, therefore, will likely trail … [Read more...]
Low U.S. Housing Inventory Results in More Competition, Higher Prices, Older Homes
A recent Zillow press release details the slowdown in construction of single-family homes in the U.S. This data can be used to observe some of the challenges faced in the country as a whole, in … [Read more...]
Tampa’s Rising Home Values Result of Job Growth and Strict Land-Use Regulations
Tampa is one of many metro areas in the U.S. experiencing a sharp increase in home prices, partially because of job growth and strict land-use regulations. Zillow’s research, with help from the … [Read more...]
Underwater Mortgages Down 70% From the Housing Crisis
At the height of the 2008 housing crisis, 30% of homeowners were underwater on their mortgage. That number sank to 9.1%, the lowest since the crash, as reported by Zillow in May of this year in light … [Read more...]
Federal Tax Cut Projected to Inject Nearly $40 Billion into the Housing Market
According to a report by Zillow, we may see as much as $40 billion injected into the housing market thanks to tax cuts for Americans. This is likely a result of more people buying homes, as investors … [Read more...]
