To find out what today's INTEREST RATES are here in Central Florida >>>>> CLICK HERE To find out about the State of Orlando's Real Estate Market, check our YouTube playlist >>>>> CLICK HERE CALL US for a personal Referral to one of my expert Mortgage Broker Partners who can answer All your Mortgage Questions…at no cost or Obligation! We want to help! These are rates directly from these entity's published information and have no bearing on the rates or fees you … (0 comments)
remax town and country: Purchasing a Home May Be Difficult in This Market. Home Buyers in Central Florida Could Care Less!
- 04/15/24 10:02 AM
Although the majority of prospective Orlando area buyers (55%) are aware of the current challenging market, most of them (54%) still intend to stick to their current objectives or expedite the Central Florida real estate process! According to Bank of America's 2023 Homebuyer Insights Report, many enthusiastic local homebuyers in Central Florida, particularly those in their 40s and younger, are moving forward with their plans to purchase homes even though they think the market is biased in favor of sellers. Over half of those who were considering buying a home in the Orlando region who responded to … (0 comments)
remax town and country: This is the Minimum Annual Income Requirement in Central Florida to Be Middle Class!
- 04/08/24 11:07 AM
Oliver Rust, head of product at independent inflation data aggregator Truflation, claims that the middle class is capturing a smaller amount of income than it did in the 1960s, 1970s, and 1980s. In an interview with Consumer Affairs, Rust stated that the percentage of the middle class in the United States has decreased from approximately 60% to nearly 40% in the two decades since the mid-2000s. Conversely, there has been a sharp rise at the very top and very bottom of the economic spectrum. The last few years have seen a sharp … (0 comments)
remax town and country: The states of Florida and Central Florida For the Total Value of Real Estate, Avoid New York Only to California for the second time now!
- 04/01/24 02:09 PM
Study: When it came to home values, Florida and Central Florida surpassed the entire State of New York to rank NUMBER TWO nationally, currently only behind the State of California. Among the "top 20 most valuable metros" are Miami (ranked No. 5) and Tampa (ranked No. 18). A Zillow analysis shows that the value of the U.S. housing market boosted by above $2.6 trillion during the last year, predominantly due to rising home rates and the new construction’s value. Based on the data analyzed for the report, Florida has led the way in this value gain. … (0 comments)
remax town and country: Central Florida and ORLANDO designated as Florida's hurricane-safe area!
- 03/25/24 12:30 PM
In Florida, where is the safest location to dodge hurricanes? Depending on who you ask, people are undoubtedly inquiring and searching online. And with good cause. According to NOAA, there are over seven hurricanes that hit the US on average every four years, and roughly three significant storms that make landfall every five years. Florida is the epicenter of 40% of all US hurricanes. Sixty percent of significant hurricanes make landfall in Texas or Florida. Any hurricane with maximum sustained winds of at least 111 mph that is Category 3 or above is considered a major storm. … (0 comments)
CALL US for a personal Referral to one of my expert Mortgage Broker Partners who can answer All your Mortgage Questions…at no cost or Obligation! We want to help! … (2 comments)
remax town and country: The region of Central Florida and Orlando is consistently ranked as one of the best places to relocate in the entire country.
- 03/11/24 12:16 PM
The Science is in …it demonstrates that our very own Central Florida and the Orlando-area region is among the nation's most sought-after places to live! The United States of America is considered the best country to live in. As a result, our Metropolitan Area of Orlando is considered to be among the most desirable locations to relocate to on the entire planet! However, Chicago produced more buyers for Cape Coral, ranked seventh. Recently, Florida and Central Florida have remained among the most popular states to move to despite most people … (0 comments)
remax town and country: Orlando is among the Top 5 Metro Areas in the Nation to Move to!
- 03/04/24 12:21 PM
Five of the Top Seven National Spots Are Held by Florida! More purchasers are seeking to move to a different state. All the top spots, from No. 3 to No. 7, are occupied by Florida, and our very own Central Florida is ranked as the nation's #5 Most Desired Place to Live!
A quarter of American homebuyers (25.4%) wish to relocate to a different metro region to escape the politics and high home prices in their current neighborhood. It was less than 20% before the pandemic and 23% a year ago. Moreover, five Florida metro regions are included in the top ten travel … (2 comments)
remax town and country: Unlock Your Orlando Dreams: Why Now is the Perfect Time to Buy or Sell Your Home?
- 02/26/24 11:08 AM
Market Pulse Inventory for February was recorded at 8,217, up 4.8% from January when inventory was recorded at 7,838. The median home price for February was recorded at $360,000, down from $367,250 in January. This is the third month in a row that the median price fell. The median price has dropped $17,000 since October 2023. February’s interest rate was recorded at 6.5%, down slightly from 6.6% in January. This is the third month in a row that rates have fallen. Overall sales fell 13.3% from January to February. There were 1,719 sales in February, down from 1,982 sales in January. This is the eighth … (0 comments)
CURRENT INTEREST RATES BEING REPORTED ACROSS THE NATION: Mortgage News Daily: 30 Year 6.72% 15 Year 6.00% Mortgage Bankers Association: 30 Year 6.81% 15 Year 6.41% Freddie Mac Reports: 30 Year 6.66% 15 Year 5.87% To find out what today's INTEREST RATES are here in Central Florida >>>>> CLICK HERE To find out about the State of Orlando's Real Estate Market, check our Youtube playlist >>>>> CLICK HERE
CALL US for a personal Referral to one of my expert Mortgage Broker Partners who can answer All your Mortgage Questions…at no cost or Obligation! We … (1 comments)
remax town and country: Here are The Most and Least Expensive Places to Rent in Central Florida!
- 02/12/24 11:30 AM
It is a good idea to consider the cost of renting a one-bedroom home if you believe purchasing and owning a property in Central Florida and the Orlando area is costly. It hurts! In a region in central Florida, the cost of rent and mortgages is going up, and there aren't a lot of indications that prices will start to go down shortly. Research from Zumper indicates that the median monthly rent for a one-bedroom flat in the Orlando metropolitan area was $1,680 in the previous month. In the same survey, the cities in the Orlando metropolitan area with the lowest and highest … (1 comments)
remax town and country: The region of Central Florida and Orlando is consistently ranked as one of the best places to relocate in the entire country.
- 02/06/24 03:37 AM
Science is in... In addition, it demonstrates that our very own Central Florida and the Orlando area are among the most desirable places to live in the nation! The United States of America is considered the best country to live in. As a result, our Metropolitan Area of Orlando is considered to be among the most desirable locations to relocate to on the entire planet! However, Chicago produced more buyers for Cape Coral, ranked seventh. Recently, Florida and Central Florida have remained among the most popular states to move to, even though most people migrating here are moving from New York. According to … (3 comments)
remax town and country: Central Florida (CFL) This city is quite close to the top of the list of the best cities for hybrid businesses!
- 01/29/24 01:24 PM
According to the findings of a study that examined the number of hybrid occupations, bandwidth, housing, and other factors, At the very top of the list, Central Florida, along with Tampa (No. 3) and Orlando (No. 15), are the areas that offer the most freedom to their employees. Central Florida towns were determined to be among the top 20 in research conducted by CommercialSearch, a part of the Yardi suite of commercial listing platforms. Central Florida cities included Tampa, ranked third, and Orlando, ranked fifteenth. According to the study's findings, there are various flexible work arrangements to choose from, such as working from … (0 comments)
Recap of the Market Trends in 2023 In 2023, the typical home price went up to a record high of $370,500, showing a small increase of 1.5% from 2022 when it was $365,000. The total number of home sales in 2023 dropped significantly by 20.1%, reaching 30,499 sales, compared to 38,162 sales in 2022. Specifically, sales of single-family homes decreased by 19.6% in 2023 to 22,530, down from 28,022 in 2022. Condo sales also went down by 22.5% in 2023, totaling 4,007 sales, compared to 5,168 in … (0 comments)
Here’s the Orlando & Central Florida Real Estate Market and Interest Rate Update from Top Orlando Realtor Scott Garrison...
CURRENT INTEREST RATES BEING REPORTED ACROSS THE NATION: Bankrate.com reports: 30 Year 6.72% 15 year 6.00% Mortgage Bankers Association: 30 Year 6.81% 15 Years 5.87% Freddie Mac Reports: 30 Year 6.66% 15 Year 5.87%
To find out what today's INTEREST RATES are here in Central Florida >>>>> CLICK HERE To find out about the State of Orlando's Real Estate Market, check our Youtube playlist >>>>> CLICK HERE CALL US for a personal Referral to one of my expert Mortgage Broker Partners who can answer All your Mortgage Questions…at no cost or … (5 comments)
The highest rate in a decade—1 in 3 buyers use cash. In Florida, just one metro area—Fort Lauderdale—saw a decline in cash purchases from year to year. In Tampa, the percentage of cash sales was 38.2%, while in West Palm Beach, it was 49%. Because of its climate, economics, and general standard of living, Central Florida is considered one of the most sought-after locations to live in the United States. Yes, given that the … (2 comments)
At this point, it is widely recognized that real estate prices in Central Florida are skyrocketing, skyrocketing, skyrocketing...after all, the Orlando area is one of the most sought-after places to relocate to in the United States of America, and indeed in the entire planet. Purchasing a home in Orlando becomes increasingly challenging as a result of this... Nevertheless, the fact of the matter is that prices in this region of Central Florida will never, ever truly decrease. With interest rates … (1 comments)
remax town and country: Orlando Has Been Recognized as the Best Food City in The USA
- 01/02/24 09:12 AM
In terms of the top six positions in the country, Orlando, Miami, and Tampa are in the lead. Because of its climate, economics, and overall quality of life, Central Florida is often considered one of the most desirable regions in the United States of America to reside in. This is a fact that is almost universally acknowledged. Indeed, given that the United States of America is among the most sought-after locations in the entire globe to relocate to... Our very own Orlando Area is undoubtedly one of the most sought-after places to live anywhere in the world! At this exact moment, there … (1 comments)
remax town and country: Will There Be Further Increases in Mortgage Rates?
- 12/26/23 04:23 PM
Will There Be Further Increases in Mortgage Rates? The Answer Is Probably Not. The interest rate on a 30-year mortgage has come closer to the range of 7%, although most industry analysts still anticipate unsteady rates in the high 6% area. The fluctuation of mortgage rates, coupled with the continued appreciation of property values in South Florida, has created a challenging environment for buyers and sellers in the real estate market. According to a poll conducted each week by the Mortgage Bankers Association, mortgage rates have hit 6.9% this week, the highest level recorded since November last year. The group also mentioned that … (4 comments)
A limited inventory of homes for sale compels purchasers to focus more on the inside than the outside, and the 203(k) programme from HUD makes it possible for them to finance the expenses of home improvements as part of their first mortgage. Amina Thompson-Wright and Dannelle Wright, her husband, looked for a house to buy in the Southwest Philadelphia neighbourhood where they had been renting for the previous ten years. Their search took more than four months. However, the sellers continued to decline their bids. Therefore, they altered their plan of … (2 comments)
CURRENT INTEREST RATES BEING REPORTED ACROSS THE NATION:
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