Browsing Posts In: National Real Estate News

Rainy Day Funds

June 28, 2018

Last year, Hurricane Irma barreled through Southwest Florida, causing millions of dollars in damages just in our area. Most people have insurance to cover this damage, but some of the repair work will still need to be covered by money out of pocket. This is commonly called a “rainy day fund” (very literal after a hurricane with lots of flood damage). But, many […]

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The Importance of Home Inspection Checklists

January 2, 2018

Home inspection checklists include a detailed list of features throughout a home and act as a guide for home inspectors to look for any defects or other necessary repairs. Though checklists used may not be exact replicas across all regional areas or even from one inspector to another throughout the nation, the lists are lengthy and typically include many if not all of […]

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Home Building On the Rise

December 28, 2017

New home building across the United States showed significant growth, equaling a one-year high for October of this year, which industry experts are directly attributing to recovery from damage caused by hurricanes in recent months. New home construction rose by a substantial 13.7 percent to a seasonally adjusted annual rate of 1.29 million units, according to the Commerce Department. That marks the highest […]

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Report Says Residential Housing Prices More Affordable Today

December 19, 2017

The latest Mortgage Monitor Report by Black Knight Inc., a mortgage data and performance information provider, home prices are actually more in reach now than they were in the late 1990s. Interest rates have decreased 40 basis points over the last six months, but the majority of the possible savings is counterbalanced by the fast and increasing rate of home price appreciation across […]

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November 28, 2017

A slight drop in mortgage loan rates is credited for an increased number of mortgage applications, after the number of applications had seen decreases over the prior month. The second week of October saw a 3.6 percent increase in total mortgage application volume, according to the Mortgage Bankers Association. Applications to refinance a home loan increased by 3 percent, though the overall volume […]

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