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Category: Blogs

    Interest Rates, Inflation Impact Fla.’s 2022 Housing Market

    By Melanie Eimers | January 26, 2023

    Florida Realtors data: But for-sale inventory rose and median sales prices up year-over-year. Single-family homes up 15.7% to $402,500; condos up 21.6% to $306,500. ORLANDO, Fla.– As 2022 ended, Florida’s housing market looked similar to the more traditional market years prior to the pandemic in terms of total closed sales, though it fell short in... Read More

    THINK TWICE BEFORE WAITING FOR 3% MORTGAGE RATES

    By Richard Eimers | January 24, 2023

    “I think we could be surprised at how much mortgage rates pull back this year. But we’re not going back to 3 percent anytime soon, because inflation is not going back to 2 percent anytime soon.” Read More

    Mortgage Rates Drop After Two Weekly Increases

    By Richard Eimers | January 20, 2023

    By Matt Ott Average 30-year, fixed-rate mortgages fell to 6.33% this week from last week’s 6.48%. The rate for a 15-year loan, popular for refinancing, fell to 5.52% from 5.73%. WASHINGTON (AP) – After two straight weekly increases, the average long-term U.S. mortgage rate came back down again this week but remains a significant hurdle... Read More

    Investors Betting Big on Residential Real Estate in 2023

    By Richard Eimers | January 18, 2023

    New Western released their latest report, showing investors remain confident in residential real estate investment for 2023 Read More

    How To Sell A House As-Is

    By Richard Eimers | January 18, 2023

    How To Sell A Selling a house as-is means selling the property without making any repairs or improvements. With all its flaws, the buyer takes the property and is responsible for any repairs or upgrades needed. The seller does not have to make any repairs before the sale, but certain disclosures are still made to... Read More

    3 BEST PRACTICES FOR SELLING YOUR HOUSE THIS YEAR

    By Richard Eimers | January 10, 2023

    A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one. A great way to ease some of those emotions and ensure you’re feeling... Read More

    HOMEBUYER SENTIMENT TICKS UP AGAIN ON SIGNS OF MARKET TOP

    By Richard Eimers | January 10, 2023

    Fannie Mae forecasters project rates on 30-year fixed-rate loans peaked at 6.6 percent during the fourth quarter of 2022 and could dip below 6 percent by the first quarter of 2023. In a Dec. 19 forecast, economists at the Mortgage Bankers Association projected rates will fall below 6 percent by the second quarter of 2023 and back into the 4 percent range in 2024. Read More

    HOUSING MARKET TRACKER: INVENTORY FALLS AGAIN

    By Richard Eimers | January 4, 2023

    The last few weeks have seen a noticeable decline in inventory. Most of that decline can be attributed to the seasonal decrease we see every year, but a partial amount can be attributed to rising demand. Read More

    THE 2023 HOUSING MARKET: A LOOK AHEAD

    By Richard Eimers | January 4, 2023

    There will be two key differences between 2023 and 2010. First, mortgage lending standards have remained high after the last bubble. People can afford to pay their mortgages. Second, because homeowners are well qualified, they can ride out this correction. There won’t be forced home sales like we saw in the crisis.  Read More

    Pre-Construction – Cottages at The Henderson Beach Resort

    By Richard Eimers | January 3, 2023

    The residences will feature 10 ft ceilings, high-end fixtures, stainless steel appliances, quartz countertops in kitchen & baths, cypress accents in kitchen, All-wood cabinetry, solid core interior doors, interior garage parking and many more fabulous appointments. Read More