Real Estate Blog

GREENSBORO, N.C. – July 11, 2017 – The risk of home price declines remains low, but affordability is increasingly a concern in cities across the U.S., according to the Summer 2017 edition of The Housing and Mortgage Market Review (HaMMR) published by Arch Mortgage Insurance Company.

Arch has an interactive U.S. map comparing the states by risk posted on its website.

Price declines are less of a concern that affordability, according to the report. Strong housing market fundamentals suggest that the average risk of U.S. home price declines over the next two years remains unusually low at only 4 percent. The Arch MI Risk Index statistical model is based on nine housing market health indicators, including unemployment and delinquency rates and if home

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SANTA CLARA, Calif. – March 23, 2017 – Realtor.com®, a leading online real estate destination operated by News Corp subsidiary Move, Inc., has announced its top cities for millennials. At the top of the list: Salt Lake City, followed by Miami and Orlando, Fla., as No. 2 and No. 3, respectively.

Rounding out the rest of the top 10, in rank order are Seattle, Houston, Los Angeles, Buffalo, Albany, San Francisco and San Jose, Calif.

"High job growth in markets such as Orlando, Seattle and Miami, and the power of affordability in places like Albany and Buffalo are making these markets magnets for millennials." said Javier Vivas, manager of economic research for realtor.com. "But what really stands out is that all these markets already have large

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Granite is falling out of favor with homeowners. The engineered stone of quartz instead is displacing the long-reigning granite as the top-choice for kitchen countertops.

"About 75 percent of our clients are opting for quartz over granite," says Bill Millholland, executive vice president of the design-build firm Case. "More people want a contemporary aesthetic in the kitchen, and the clean look of quartz goes with that. Granite goes better with traditional décor."

Quartz is harder and less porous than granite. It offers homeowners greater color consistency, is stain-resistant, and doesn't require extra sealing during regular maintenance like granite and marble do.

Kitchen designer Jennifer Gilmer of Chevy Chase, Md., says the majority

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January 9, 2017 at 1:57PM by Experience Kissimmee

The new year is here and it's time for new adventures. Whether your wild side leads you off-road or on top of the waves, Kissimmee offers unrivaled entertainment options for those seeking unforgettable experiences. Below, we've compiled the latest destination information to inspire your next trip ... and the ultimate selfie.Attractions:

ATTRACTIONS

Roller coaster enthusiasts, take note! A wooden roller coaster is expected to open summer 2017 at Fun Spot America's Kissimmee theme park. The coaster will be the only wooden coaster in the Southeast United States to include a barrel roll. The track will be 2,256 feet long, 82 feet high with a top speed of 48.5 mph, featuring 11 instances of air

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For the second consecutive week mortgage rates moved lower, and are currently the lowest since May 2013.

"The 10-year Treasury yield continued its free fall this week as global risks and expectations for the Fed's June meeting drove investors to the safety of government bonds,” says Sean Becketti, Freddie Mac’s chief economist. “The 30-year mortgage rate responded by falling 6 basis points for the second straight week to 3.54 percent -- yet another low for 2016. Wednesday's Fed decision to once again stand pat on rates, as well as growing anticipation of the U.K.'s upcoming European Union referendum will make it difficult for Treasury yields and -- more importantly -- mortgage rates to substantially rise in the upcoming weeks."

Freddie Mac

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TALLAHASSEE, Fla. – April 15, 2016 – Florida has a new "school choice" law (CS/CS/HB 7029) that allows state students to attend any school they wish subject to a set of rules.

While it's too early to predict the impact on the state's housing market, 50 percent of buyers with children younger than 18 considered the quality of local schools an important consideration, according to the National Association of Realtors® 2015 buyer and sellers report. The law goes into effect July 1, 2016.

"While the new school choice law has a potential impact on buyer demand in certain neighborhoods, it's important for buyers to understand that 'school choice' isn't a sure thing," says Margy Grant, Florida Realtors vice president and general counsel. "There

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First-time home buyer programs are open to those who have owned a home before.

 

 

 

 

 

 

 

 

 

 

 

 

There are many loan programs and grants that cater to first-time home buyers, especially on the state and local levels. While a person who has never owned a home before certainly counts as a first-time home buyer, those who have owned a home before can also qualify as first-time home buyers under certain circumstances.

 

Significance

Federal Housing Administration (FHA) loans help many first-time home buyers, particularly when combined with down payment assistance programs sponsored by state agencies. These state programs give first-time buyers low-cost loans or

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In San Francisco, home buyers need to earn $147,996 a year to afford the city's median home price of $781,600, according to mortgage website HSH.com. Out of 27 major metros analyzed by the site, San Francisco requires the highest salary in order to pay for the mortgage principal, interest, taxes, and insurance payments on a median-priced home.

By comparison, home buyers in Detroit only need to earn $36,915 annually to afford the median home price of $148,667 there.

Home buyers who want to live out West will need to earn the most to afford a home, the survey found. Data from the National Association of REALTORS® shows the following median home prices in 2015 across the four major geographic areas in the U.S.:

  • Northeast: $262,500
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We are happy to announce the sale of our listing 991 Hermosa Way, in the beautiful community of Lago Buendia, Kissimmee.

We would also like to congratulate first time home buyers Joseph and Layza, ready to start a new life in their home, We wish you the best!

Thinking about selling your home? We make sure your home is marketed to its highest potential. Click here to get an estimate on how much your home is worth!

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Over the past several years first-time home buyers may have shied away from entering the housing market due to stagnant wages and debt, but times have changed.

According to TD Bank’s First-Time Home Buyer Pulse, one in five consumers is actively looking to buy his or her first home, and 46% of millennials will be looking in the next one to two years.

If you’re a first-time buyer, the mere thought of securing a mortgage may be overwhelming. For most people, a home is the largest purchase they’ll make, and very few can take on this purchase without a loan. Here are some helpful tips and best practices for first-time buyers:

Save for the down payment

Most mortgage lenders require a cash down payment of 5%, 10%, or 20% of the sale price. Buyers

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