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Fla.’s Housing Market: Median Price, New Listings Rise in July Florida Realtors’ data: Median prices for single-family existing homes rose 20.3% year-over-year to $355,000; up 20.5% to $253,000 for condos/townhomes. Chief Economist O’Connor says July data shows signs Fla.’s housing market is heading on a steady path toward normalcy.

How Much “Housing Wealth” Can You Build in a Decade? Earlier this month, the National Association of Realtors (NAR) released a special study that estimates median home price appreciation over the last 30 years based on the length of homeownership.

Entry-Level Homeowners Are in the Driver’s Seat One thing helping homeowners right now is price appreciation, especially in the entry-level market.

The #1 Misconception in the Homebuying Process After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate.

It’s a Better Time to Buy Than 10 Years Ago While low mortgage rates are improving buyers' purchasing power, the cheaper borrowing costs are drawing more house hunting competition.

Interest Rates Over Time [INFOGRAPHIC] Some Highlights: With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time. According to Freddie Mac, mortgage interest rates are currently hovering near a five-decade low. The impact your interest rate has ...

The Many Benefits of Aging in a Community There’s comfort in being around people who share common interests, goals, and challenges. That comfort in a community doesn’t wane with age – it actually deepens.

How Trusted Professionals Make Homebuying Easier to Understand In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy.

5 Home Improvements that May Not Pay Off when You Sell Many homeowners get a spark in their eye and a fire in their gut watching home-improvement television, but not every upgrade pays off when it comes time to sell.

Reasons to Fall in Love with Homeownership [INFOGRAPHIC] Some Highlights: There are many benefits to love about homeownership, and they’re not all financial. Being a part of a neighborhood, driving academic achievement, and improving mental health are just a few of these advantages. Reach out to a local real estate professional today to determine if you...

The Overlooked Financial Advantages of Homeownership Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can steer you in the direction of greater stability, savings, and predictability.

How the Housing Market Benefits with Uncertainty in the World It’s hard to listen to today’s news without hearing about the uncertainty surrounding global markets, the spread of the coronavirus, and tensions in the Middle East, just to name a few. These concerns have caused some to question their investment plans going forward.

How Pricing Your Home Right Makes a Big Difference Even though there’s a big buyer demand for homes in today’s low inventory market, it doesn’t mean you should price your home as high as the sky when you’re ready to sell.

The #1 Reason to List Your House Right Now The success of the U.S. residential real estate market, like any other market, is determined by supply and demand.

Dad’s Last Wish organized by Mechelle K. Egli Mechelle K. Egli Dad’s Last Wish Dad wanted to make sure our family had a Forever Home- a roof over our heads so we didn’t have to worry and could focus on ou

Great News for Renters Who Want to Buy a Home Rents in the United States have been skyrocketing since 2012. This has caused many renters to face a tremendous burden when juggling their housing expenses and the desire to save for a down payment at the same time. The recent stabilization of rental prices provides a great opportunity for renters t...

Does “Aging in Place” Make the Most Sense? A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.” There is no doubt ...

10 Upgrades Owners Think Are Necessary Before Selling Because many buyers seek move-in-ready properties, sellers are tackling remodeling projects they believe will speed a sale.

Real Estate Directly Responsible for 16% of Fla.’s Economy Myth: In Fla.’s economy, citrus is second to tourism. Fact: Real estate sales and leasing are far-and-away Fla.’s No. 1 industry. It makes up 16% of the state’s economy ($173B per year), according to an analysis of North American Industry Classification System (NAICS) data.

5 Reasons Homeowners Throw Better Parties During the Big Game [INFOGRAPHIC] Some Highlights: There’s more room to entertain a large crowd. The kitchen is big enough to whip up endless appetizers – yum! You don’t have to worry about complaints to your landlord when the cheering kicks in!

Strength of the Economy Is Surprising the Experts We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street Journal (WSJ) for the Economic Forecasting Survey predicted we ...

Where Have All the Houses Disappeared To? If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. Accor...

Should I Sell My House This Year? If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in th...

First-Time Buyers Are Searching for Existing Homes This Year In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase a home grew from 58% in Q4 2018 to 6...

2020 Homebuying Checklist Some Highlights: If you’re thinking of buying a home, plan ahead and stay on the right track, starting with pre-approval. Being proactive about the homebuying process will help set you up for success in each step. Make sure to work with a trusted real estate professional along the way, to help gui...

The #1 Reason It Is Difficult to Find Your Dream Home The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. In certain markets, affordability is becoming more challenging because there is a....

How Buyers Can Win By Downsizing in 2020 Home values have been increasing for 92 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home.

The 2 Surprising Things Homebuyers Really Want In a market where current inventory is low, it’s normal to think buyers might be willing to give up a few desirable features in their home search in order to make finding a house a little easier. Don’t be fooled, though – there’s still an interest in the market for some key upgrades. Here’...

Make the Dream of Homeownership a Reality in 2020 In 1963, Martin Luther King, Jr. led and inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, ...

Housing Inventory Vanishing: What Is the Impact on You? The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest available housing inventory in t...