Top 10 home trends that buyers want in 2016

paramount_living

Healthy, sustainable, and smart home living is in and growing quickly in the minds of consumers as a key factor in a home purchase.  In fact several reports from national home and appliance shows around the county, including the 2016 Kitchen & … [Read more...]

Few owners switch ins. through clearinghouse

TALLAHASSEE, Fla. – Oct. 2, 2015 – By early 2016, four more insurers are set to join 14 others in a clearinghouse that boots renewing customers out of state-run Citizens Property Insurance Corp. if a private carrier offers coverage for the same price … [Read more...]

TaxWatch: Fla. ranks 48th in state tax comparison

TALLAHASSEE, Fla. – April 28, 2015 – Florida's per capita state government tax and revenue collections are at their lowest points in decades, according to the state's fiscal watchdog, Florida TaxWatch. The group's latest report, "How Florida … [Read more...]

Average rate on 30-year mortgage slips to 3.65%

WASHINGTON (AP) – April 24, 2015 – Average long-term U.S. mortgage rates are down slightly this week and remain near historic lows. Mortgage giant Freddie Mac says the national average for a 30-year fixed-rate mortgage slipped to 3.65 percent from … [Read more...]

Another reason to buy now: Rents going up again

NEW YORK – April 24, 2015 – CEOs of the largest companies renting out single-family homes say they plan to raise rents up to 5.7 percent this year, as they switch their focus from buying more properties to optimizing revenue from the thousands of … [Read more...]

RealtyTrac: Fewer Fla. homeowners are underwater

IRVINE, Calif. – April 23, 2015 – RealtyTrac's U.S. Home Equity & Underwater Report for the first quarter of 2015 finds that Florida continues to see more homeowners emerge from underwater status, where they owe more on the mortgage than their home's … [Read more...]

Fannie Mae expects stronger homes sales in 2015

WASHINGTON – Oct. 27, 2014 – Real economic growth in the U.S. appears ready to exceed 3.0 percent for the second half of the year, providing a sound basis for growth in 2015, according to mortgage giant Fannie Mae's Economic & Strategic Research … [Read more...]

NAR: Pending sales up for first time in 2014

WASHINGTON – Oct. 27, 2014 – Pending home sales rose slightly in September and are above year-over-year levels for the first time in 11 months, according to the National Association of Realtors® (NAR). The Pending Home Sales Index, a … [Read more...]

U.S. regulator: Fannie, Freddie in deal with banks

WASHINGTON (AP) – Oct. 21, 2014 – A federal regulator says government-controlled mortgage giants Fannie Mae and Freddie Mac have reached an agreement with major banks that could expand lending. The head of the Federal Housing Finance Agency … [Read more...]

Average 30-year mortgage rate drops below 4%

WASHINGTON (AP) – Oct. 17, 2014 – Average U.S. mortgage rates tumbled this week. The 30-year loan hit its lowest level since June 2013 as Treasury bond yields marked new lows amid concern over global economic weakness. It was the fourth straight … [Read more...]