ARCHIVED BLOG POSTS

2013 

The housing market seems to have eased a bit in December after 3 consecutive months of growth. December’s Pending Home Sales Index slipped 4 percent from the month prior, according to the National Association of REALTORS®. The index measures the number of homes under contract to sell nationwide, ...
05/01/2013
“Clutter” can be a huge factor that could result to your home not being sold at all. Clutter, in its strictest sense, is defined as anything untidy; or in a disorderly state. In real estate, the term is broadened to include unnecessary furniture pieces; unwieldy artwork or collections; stacks of ...
05/01/2013
As we enter the New Year, New Home Sales slowed down but the market for newly-built homes stay strong. For home buyers in Florida and nationwide, December’s New Home Sales report is yet one more signal that the housing market recovery may be underway. The number of new homes sold in December 2011...
05/01/2013
According to the S&P Case Shiller Home Price Indices released April 30 for February’s data, housing markets keep improving. The Indices consist of a 10-City Composite Index and a 20-City Composite Index with housing markets for each city reported based on a three-month rolling average of home pri...
05/01/2013
Almost 1.5 million properties were currently in the foreclosure process or being held by banks as Real Estate Owned, as shown in the latest Foreclosure Inventory Analysis. This was up 9 percent from the first quarter of 2012, but down significantly from the apex of foreclosure activity — 2.2 mill...
05/01/2013
A home would be appraised for two main reasons. First could be because the owner is looking to sell the home and wants to get an idea of what price to ask for, or second, the owner is trying to refinance and needs a home appraisal as part of refinancing requirements.  Along with looking at the pr...
05/01/2013
In the previous week, mortgage rates dropped and are again near record lows. The average rate for a 15-year fixed rate mortgage did achieve a record low of 2.61 percent as compared to 3.1 percent one year ago, according to Freddie Mac. The average rate for a 30-year fixed rate mortgage dropped to...
05/01/2013
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Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner

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