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...]
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 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...]
U.S. Housing Inventory at Crisis Levels, Including Tampa and Orlando
According to a new report from Zillow, the U.S. housing inventory is about to reach crisis levels. This is because the number of available homes in some of the most sought-after neighborhoods has … [Read more...]
Florida’s 2018 Economy and Housing Market Projected To Remain Strong
Florida’s economy is expected to be strong through 2018, according to a new report from Malena Carollo at The Tampa Bay Times. The report focuses on the state unemployment rate to forecast the health … [Read more...]
The Home Purchase Sentiment Index (HPSI) Dipped To 85.8 In December 2017
Fannie Mae released the Home Purchase Sentiment Index (HPSI) for December 2017, and it shows a reversal in what we have seen in recent months: a decrease of 2.0 points to 85.8. While this isn’t a … [Read more...]
What’s Ahead For Mortgage Rates
Freddie Mac reported lower average mortgage rates across the board with the rate for a 30-year fixed rate mortgage at 3.97 percent, a drop of 15 basis points from the prior reading. 15-year fixed rate … [Read more...]
What’s Ahead For Mortgage Rates This Week – October 6, 2014
Last week's economic news included multiple reports on housing and the labor sector. The good news is that job markets appear to be stronger, with new jobless claims and the national unemployment rate … [Read more...]
What’s Ahead For Mortgage Rates This Week – Sept 22, 2014
Mortgage Rates Rise, Weekly Jobless Claims Fall Freddie Mac reported higher mortgage rates last week. Average mortgage rates rose across the board with the rate for a 30-year fixed rate mortgage 11 … [Read more...]
What’s Ahead For Mortgage Rates This Week – Sept 2, 2014
Mortgage Rates Mixed and Consumer Confidence Jumps Freddie Mac reported that average mortgage rates were little changed. The rate for a 30-year fixed rate mortgage was unchanged at 4.12 percent. … [Read more...]
