ARCHIVED BLOG POSTS
2015
Pensacola Home Source 32503, 32504, 32514, Avg. downpayments rise with tighter inventory LendingTree: Downpayments for conventional 30-year FRMs rose slightly in 3Q to 17.63%, up from 17.34% quarter-to-quarter and 16.29% year-to-year. Read more. Helpful Links Sign up for our Monthly Newslette...
12/31/2015
Pensacola Home Source 32503, 32504, 32514, U.S. home prices jumpStandard & Poor's/Case-Shiller index increased 5.5% over a year ago, the biggest annual gain in 13 months, due to buyer demand and a lack of homes for sale. Read more.Helpful Links Sign up for our Monthly Newsletter Local Happening...
12/30/2015
Pensacola Home Source 32503, 32504, 32514, Few renters think saving for downpayment is a priorityFreddie Mac survey: Only 39% of U.S. renters think so, while 59% prioritize saving money for an emergency, and 51% save for retirement. Read more. Helpful Links Sign up for our Monthly Newsletter Lo...
12/30/2015
Pensacola Housing Market 32503, 32504, 32514, Most mortgage loan limits stay the same in 2016 The ceiling for conventional loans will remain at $417K for most U.S. metros, though a few that already have higher limits (none in Fla.) will see an increase. Read more. Helpful Links Sign up for o...
12/29/2015
Pensacola Housing Market 32503, 32504, 32514, Construction spending up to highest level in 8 years The U.S. spent 1% more on new construction in Oct. than it did the month before, fueled largely by solid gains in home building and federal projects. Read more. Helpful Links Sign up for our Mon...
12/28/2015
Pensacola Housing Market 32503, 32504, 32514, Impact fees could make housing more affordable Impact fees on new development generally go to build roads and infrastructure, but a S. Fla. impact fee proposal would earmark some money for affordable housing. Read more. Helpful Links Sign up for o...
12/28/2015
Pensacola Housing Market 32503, 32504, 32514, NAR Call for Action update: Homebuyers won't pay for roads. The call asked Realtors to email Congress and protest the use of buyer fees to fund transportation projects. It worked. The bill now taps other revenue sources. Read more. Helpful Links S...
12/27/2015
Pensacola Housing Market 32503, 32504, 32514, Cities hunt owners lying about homestead exemption. A private company tracks down homeowners who claim an exemption fraudulently for a 30% cut of the profits. Duval County is the latest to consider their service. Read more. Helpful Links Sign up...
12/26/2015
Pensacola Housing Market 32503, 32504, 32514, Quicken rolls out DIY mortgage applications. Quicken Loans announced a new move for the mortgage business: The self-service mortgage application. Some reports say it's "as easy as ordering a pizza." Read more. Helpful Links Sign up for our Monthly...
12/25/2015
Pensacola Housing Market 32503, 32504, 32514, More and more young adults refuse to leave the nest. Pundits predicted that young adults would become renters or owners post-recession, but the trend continues as an increasing percentage stay with Mom and Dad. Read more.Helpful Links Sign up for our...
12/24/2015