More Than Half of States Still Show Improving Housing Markets
Freddie Mac released its Multi-Indicator Market Index(SM) (MiMi(SM)) for February showing the U.S. housing market overall recovering at a slightly slower pace from the previous month. However, more than half of all states, as well as more than half of the top 50 metro areas, continue to show an improving trend. Eleven states and the …
Fixed Mortgage Rates Inch Down
Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving down slightly after last week’s uptick, and remaining within range of average fixed rates for the first quarter of 2014. “Mortgage rates eased this week as housing starts declined 0.2 percent in February to a seasonally …
More Than 4 Million First-Time Buyers Want to Enter the Housing Market in 2014, Buoyed by Strong U.S. Housing Confidence
Millions of current renters nationwide aspire to buy a home in the next year, according to the inaugural edition of the Zillow Housing Confidence Index (ZHCI)[i], suggesting strong demand among potential first-time homebuyers if market conditions are favorable. But existing headwinds, including tight inventory, rising mortgage interest rates and growing affordability problems in a handful …
Valuable Fraud Prevention Tips for Homebuyers and Homeowners
March is Fraud Prevention Month. Canada Mortgage and Housing Corporation (CMHC) has consistently been a leader in the fight against mortgage fraud and offers the following tips to protect yourself from becoming a victim of mortgage fraud. Misrepresentation of Information Mortgage fraud occurs when someone deliberately misrepresents information in order to obtain mortgage financing that …
February Orlando Home Sales 2014
Some might look at recent Central Florida single family home sales numbers and wonder if the market has peaked as sales have slacked off a bit, but let’s not jump to conclusions just yet. This week we take you inside the numbers and explain what’s happening and what we’re keeping our eyes on. As you …
Stoneybrook East Real Estate Update
Hello and thank you for visiting our website blog. The following is a detailed update regarding the Real Estate market within Stoneybrook East which is located within east Orlando (zipcode 32828). Stoneybrook is a gated golf course community. The community features a fitness center, sports recreation field, tennis courts, community pool and 3 manned entrance …
