homebuyers: Freddie Mac 3% down payment mortgage, qualifying, PMI updates - 02/23/15 12:28 AM
Earlier this year the president reduced private mortgage insurance rates. FHA loans were more attainable for first time home buyers. Home owners that wanted to refinance and reduce their monthly payments could also participate in the reduction. Now Freddie Mac is about to roll out a new appealing option for home buyers: 3% down payment mortgages coming in March! Contributing to continued Real Estate recovery and stability, the guidelines of qualifying for this type of loan will not be as loose as the guidelines from the adjustable rate mortgage disaster in 2007-2008.


Donald Layton, CEO of Freddie Mac, assured … (1 comments)

homebuyers: First quarter new home sales skyrocket for many national home builders - 02/13/15 01:49 AM

 
Early 2015 quarterly reports reflect heavy increase in real estate activity, especially new homes. D.R. Horton is a nationally recognized home builder and has developments throughout the United States. They have been the largest home builder in the U.S. 13 years in a row. On Wednesday, D.R. Horton reported a dramatic increase in new home sales highlighted by “sales orders increased 40% in value to $2.1 billion” from the first quarter of 2014 to the first quarter of 2015.
These numbers are significant considering that first quarter home sales are usually lack luster. What does this tell us? With … (0 comments)

homebuyers: January Home Sale Data is forecasting a strong 2015! - 02/02/15 12:20 AM

Back in 2008/2009 after the Real Estate market crashed, economic and Real Estate experts were repeatedly forecasting a 6-7 year recovery period. They all highlighted 2015 as the year we would see resurrection in the housing market. Well that prediction seems to be coming to fruition now! We are seeing many positive reports and trends from late 2014 to early 2015.
 
We are starting to see the rebound all around Florida, but extra activity in Tampa Bay. The excitement/enthusiasm is building here and our team here at SI Real Estate is noticing.
Normally home sales in January are expected … (0 comments)

homebuyers: Where are the Millennial Homebuyers? - 02/14/14 05:43 AM
Millennials refer to those born between 1980 and 2000, and they make up the second largest segment of homebuyers according to a study on generational housing trends conducted by the National Association of Realtors.  So where have they gone? The weight of student loans has significantly affected the rate at which Millennials are making home purchases, with many college graduates struggling to keep up with the hefty payments after graduation. The tough job market and current economic conditions are also contributing factors to Millennials renting homes rather than purchasing.
 
The good news, however, is that consumer confidence about the potential … (2 comments)

homebuyers: The New Standard for Real Estate Listing Videos - 01/29/14 04:28 AM

Real estate listing videos have gained tremendous popularity over the last several years, acting as an invaluable asset for real estate agents. Whether by using a personal YouTube channel or featuring videos on a company website, these videos have allowed for increased interest from homebuyers across the nation. Not only do the videos increase the number of quality buyer leads for a listing, but they also act as a specialized marketing tool for increasing overall awareness of an agent or agency.
 
Many listing videos tend to follow a predictable pattern of home images with classical music and a monotonous … (12 comments)

homebuyers: Real Estate Tips: Get to Know Generation Y - 08/04/11 05:55 AM
Back in April, we posted a blog titled, “Younger Generation Predicted to Turn Real Estate Market Around”. We focused primarily on the young families and adults that made up Generation X (32-45 year olds). New research is also putting a lot of emphasis on Generation Y (15-32 year olds). The statistics suggest they will be a strong driving force for the next ten years!
Why is this group different from their older peers? The group is about equal to the baby boomer generation, about 77.4 million individuals. By sheer size alone, they are a significant percentage of the buying market. … (0 comments)

 
Nibal Elsaadi (SI Real Estate Tampa)

Nibal Elsaadi

Tampa, FL

More about me…

SI Real Estate Tampa

Address: 1046 W. Busch Blvd., Suite 100, Tampa, FL , 33612

Office: (813) 631-5144

Mobile: (813) 215-4523



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