Home Prices Rise Slowly A recent study by Standard & Poor’s and its research partners have determined that home prices across the nation are rising at a moderate rate. This is good news as real estate markets show recovery but have not returned to panic speculation. This, coupled with strong consumer confidence suggests a good time to buy a home. According to economic … Keep reading... about Home Prices in SW Florida
Sun Blog
To Build or Buy an Existing Home
There are many reasons to build a new home but there are just as many reasons to consider an existing home. A person considering a move should carefully weigh the costs and challenges whether to build or buy an existing home. In Florida, the average time to complete new home construction is seven months. However, that number is somewhat misleading. Seven months is the … Keep reading... about To Build or Buy an Existing Home
Build Credit History
The Federal Reserve has released data credit card use. The data indicates that many Americans under the age of 35 are reluctant to own or use a credit card. Such reluctance could hinder the ability to document credit history. Credit history is an important factor in the ability to qualify for a mortgage. The use of credit cards has helped young people develop a credit … Keep reading... about Build Credit History
Job Creation in Florida Increases
According to Economic Commentary by Florida TaxWatch, Florida is now one of the nations fastest growing job markets. Job Creation in Florida Increases and recovery from the recession is in full swing. In the last year Florida has added over 240,000 new jobs (non-farm). In the first 6 months of 2016, 113,000 new jobs were added. Unemployment has dropped to 4.7%. Business and … Keep reading... about Job Creation in Florida Increases
Fannie Mae and Freddie Mac Mortgages
Check out these interesting programs for moderate income buyers. If you can't come up with a big downpayment, don't dispair. There are now mortgages for you! If you are a young person or family who is renting a home or condo but wish to buy, you have options. Fannie Mae offers mortgages through a program called HomeReady. Freddy Mac has a program called Home Possible … Keep reading... about Fannie Mae and Freddie Mac Mortgages