More Americans say it’s a good time to sell

WASHINGTON – Jan. 17, 2016 – An improving financial picture prompted more consumers to say it’s a good time to sell a home, according to Fannie Mae’s latest Home Purchase Sentiment Index, which capped off its strongest year so far. The share of consumers who said their income was significantly higher than it was 12…

Read More

Are You Ready For Hurricane Season? 55 Random Facts About Hurricanes (part 1)

Check out these amazing facts!! 55 Random Facts About Hurricanes https://facts.randomhistory.com/hurricane-facts.html 1. A single hurricane stirs up millions of miles of air and can dump more than 2.4 trillion gallons (9 trillion liters) of rain a day. 2. Hurricane-generated waves frequently toss tons of fish onto beaches. The eyes of many of the fish have popped…

Read More

Homebuyers need to act now

CHICAGO – Feb. 4, 2015 – Homebuyers need to move fast if they want to spend less, according to Jonathan Smoke, chief economist at realtor.com. “Delayed purchases will only result in higher monthly mortgage payments as prices and rates rise,” Smoke writes. Realtor.com forecasts that affordability may decline as much as 10 percent over the…

Read More

New Owner Doesn’t Meet Condo’s Age Restrictions

FORT LAUDERDALE, Fla. – Aug. 28, 2014 – Question: I live in a 55-and-over condominium. A neighboring property recently was sold at a foreclosure auction to a young couple who moved in with their small children. This goes against the rules of our community. Is there anything we can do? – Anonymous Answer: No. When the…

Read More

Fed agency eases rules for inherited homes

WASHINGTON – July 17, 2014 – The Consumer Financial Protection Bureau (CFPB) recently has clarified a rule that could have jeopardized heirs of mortgaged homes. An interpretive rule issued July 8 says that when a borrower dies, the name of the borrower’s heir generally may be added to the mortgage without triggering the CFPB’s Ability-to-Repay…

Read More

UCF releases four-year Fla. economic forecast

ORLANDO, Fla. – July 23, 2014 – Between now and 2017, the University of Central Florida projects an annual economic expansion in the state of 3.7 percent and payroll job creation of 2.6 percent. The projection comes form its quarterly report, the July 2014 Florida Forecast. Report highlights As of May 2014, 41.7 percent of…

Read More

Robust Market Continues Into Summer

Contacts: Pat Pitocchi, NABOR President & Media Relations Committee Chairman, (239) 261-2214,         Marcia Albert, NABOR Director of Marketing, (239) 597-1666 Naples, Fla. (May 23, 2014) – The Naples area real estate market continues to show signs of growth as summer approaches with noteworthy performance in April as reflected in a report released…

Read More

Survey: More owners think it’s a good time to sell

WASHINGTON – May 8, 2014 – Americans’ outlook toward the housing market continued to improve in April – and perhaps foreshadow an increase in housing activity in the coming months – according to results from Fannie Mae’s April 2014 National Housing Survey. The share of respondents who believe it’s a good time to sell a…

Read More

Fla.’s housing market shows strength in 1Q 2014

ORLANDO, Fla. – May 12, 2014 – Florida’s housing market reported higher median prices, more new listings, fewer days on the market and a slight uptick in inventory during the first quarter of 2014, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 50,251 in 1Q 2014,…

Read More

70% of Boomers Expect Next Home to be Their Last

MADISON, N.J. – March 25, 2014 – According to a survey conducted on behalf of Better Homes and Gardens Real Estate, baby boomers (ages 49-67) are generally optimistic about living an independent, active lifestyle outside planned retirement communities. The survey found that 57 percent of boomers plan to move out of their current home, and…

Read More