General Posts

June 20, 2016

Home Will Not Sell? Here is What You are Doing Wrong

As reported by http://www.realtor.com on 6/16/16 by Craig Donofrio

If you’re selling a home, there’s pretty much nothing worse than seeing your beloved place sit on the market with no offers in sight. And the longer it remains, the more you’re apt to worry: Is something truly wrong with …

View More
Posted in General Posts
June 20, 2016

Looking to Buy? Do Your Homework and Get in Line

As reported by http://www.realtor.com on 5/26/16 by Jonathan Smoke

So you’re looking to buy a home sometime in the next two years? Well, you’d better start lining up. Because you, my friend, are very far from alone.

Total home sales in April were up nearly 8% over last …

View More
Posted in General Posts
June 20, 2016

Mortgage Rates Will Likely Remain Low, but Who Knows Where They Will Go?

As reported by http://www.realtor.com on 6/11/16 by Jonathan Smoke

It’s here! Forgive our excitement, but we’re finally entering the thrilling, peak months of the home-buying season, which is probably our favorite time of the year. But there’s something a bit different this time around. Oddly enough, while prices continue …

View More
Posted in General Posts
June 15, 2016

Just Closed | Errol Estate | 1684 Vick Road, Apopka, FL 32712

Just Closed | Errol Estate | 1684 Vick Road, Apopka, FL 32712

The entire Central Florida real estate market is still incredibly active and Buyer demand is fierce for all homes that are in move-in condition and priced competitively.

Yesterday Rock Springs Realty was able to close on …

View More
Posted in General Posts
June 15, 2016

2016 Housing Market Trends & Forecasts

As reported by Inman News on 2/2/16 by Daren Blomquist

As we ring in a New Year, Housing News Report asked six prominent economists to forecast what 2016 will bring for the U.S. housing market. For housing, 2015 was a strong year, with home sales high and home prices …

View More
Posted in General Posts
June 15, 2016

40% of Baby Boomers are Potential Homebuyers

As posted on http://www.floridarealtors.org/ on 6/14/16 sourced by Freddie Mac (http://www.freddiemac.com/

About 60 percent of homeowners age 55 or older would prefer to age in place if they have complete control over their living arrangements. That said, nearly 40 percent indicate they would prefer to move at …

View More
Posted in General Posts
June 15, 2016

There is No Conspiracy and 6 Other Things Your Home Insurance Agent Wishes You Knew

As published by the National Association of Realtors http://www.realtor.com/ on 06/14/2016

Everybody has to have home insurance—but understanding the obtuse legalese buried in your policy? We’re not wizards.

Insurance agents and brokers (generally, an agent works for a specific company; a broker is independent) exist to help you comprehend …

View More
Posted in General Posts
June 15, 2016

FHA Wants to Strengthen Reverse Mortgages

As reported on http://www.floridarealtor.org/ on 6/7/16

The Federal Housing Administration (FHA) (http://www.fha.com/) proposed a new rule to strengthen its Home Equity Conversion Mortgage (HECM) Program – the official name for reverse mortgages.

In addition to formalizing some improvements announced earlier, FHA says its new proposed rule …

View More
Posted in General Posts
June 15, 2016

A New Lease on Life, Understanding Lease Purchase Agreements

As reported on http://www.orlandorealtors.org/ on 5/25/16 by Andrew M. Fisher

Lease-purchase can be an idea solution under certain circumstances, but is strays from the path of a normal buyer-seller transaction. So seller wants to sell and buyer wants to buy, but buyer needs more time to secure financing. Listing …

View More
Posted in General Posts
June 15, 2016

Here's How Student Debt May Delay Homeownership For More Than 5 Years

This information was reported on the real estate website of Realtor.com on 6/13/16 by Clare Trapasso. 

Does student loan debt make it harder for most college grads to become homeowners? Here’s a shocker: Yeah, it sure does. Big time.

Those often-immense monthly bills are causing 71% of borrowers …

View More
Posted in General Posts