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...]

Court decision: Fla. cities can fund solar energy

TALLAHASSEE, Fla. – Oct. 9, 2015 – The Florida Supreme Court ruled last week that Florida municipalities may issue bonds to fund "property assessed clean energy" (PACE) programs. PACE programs provide up-front financing to commercial property owners … [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...]

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...]

1 in 3 Americans say real estate the best investment

NEW YORK – April 24, 2015 – For the second year in a row, the largest percentage of Americans surveyed by Gallup (31 percent) said that real estate as the top long-term investment – a sign of mounting confidence in the housing recovery. Real … [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...]

Slower growth for U.S. home prices in Aug

WASHINGTON (AP) – Oct. 7, 2014 – U.S. home prices increased in August, yet the pace of these gains continues to slow, helping to improve affordability for would-be buyers. Prices rose 6.4 percent in August compared with a year ago, Real estate … [Read more...]

Buyers grow resistant to higher home prices

NEW YORK – Oct. 7, 2014 – Buyers are pushing back against higher home prices, according to the latest Credit Suisse monthly survey of real estate professionals. Overall, agents in 37 of 40 markets surveyed in September reported lower-than-expected … [Read more...]

Home equity lines of credit (HELOCs) increase 27

COSTA MESA, Calif. – Oct. 6, 2014 – Mortgage origination volumes saw an increase of 15 percent in the second quarter of 2014, but home-equity lines of credit (HELOCs) saw the biggest gains, according to Experian's quarterly Experian-Oliver Wyman … [Read more...]