Category: INDUSTRY NEWS

FHFA: U.S. 2Q Prices Up 17.7% – But Over 26% in Fla.

Of 100 metros tracked by government-backed mortgages, 8 Fla. cities hold top-11 spots, with Sarasota-Bradenton (up 36.5%) and Cape Coral-Fort Myers (36.0%) at the top. By Kerry Smith WASHINGTON – It’s hard to underestimate the strength of Florida’s current home price increases in the second quarter of 2022 based on the Federal Housing Finance Agency […]

Real Estate Investing: 8 Things to Avoid

Real estate often make a great investment but investors expect a return on that investment. Seemingly attractive investments can sometimes have problems. By Stephen Kurtzahn NEW YORK – In the early part of the 20th Century, American humorist Will Rogers was quoted as saying, “Buy land. They ain’t making any more of the stuff.” Real […]

Average Weekly Mortgage Rates Soar Past 4.5% | Debbie Dawson, REALTOR®

Mortgage rates soar – At 4.67%, this week’s average rate for a 30-year, fixed-rate mortgage is up from last week’s 4.42% and notably higher than 3.18% one year ago. March 30, 2022 — WASHINGTON (AP) – Average long-term U.S. mortgage rates rose again this week as the key 30-year loan rate vaulted over 4.5% and […]

Housing Bubble – Things to Know About Todays Market | Debbie Dawson, REALTOR®

With home prices skyrocketing, there’s been a lot of speculation lately. Are we in a housing bubble? Will the housing market crash? Will home values come plummeting to the ground again? Here are 5 things to know about todays market. Fortunately, those concerns are largely unfounded. Most economists agree that today’s market is nothing like […]