Slow home price appreciation active for quite some time now, combined with lower mortgage rates are surely bringing the housing market out of the overheating market, while housing sales fell by 1,2%, touching the lowest performance in the last three years. According to seekingalpha analyst Charles Hugh Smith, unless the Fed is going to start buying millions of homes outright, prices are going to...
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It is a well known fact that Vacation property management companies do best with their own speciality which is day to day management of vacation homes. Here are some issues many Buyer's Agents have run into when showing homes to their buyers when listed by vacation home management companies who as an extra sideline also offer real estate services. 1.SCHEDULING CONFLICTS Property Managers office...
U.S. long-term mortgage rates fell this week to a 12-month low, an enticement for prospective homebuyers in the upcoming season. Mortgage buyer Freddie Mac says the average rate on the benchmark 30-year, fixed-rate mortgage declined to 4.37 percent from 4.41 percent last week. The key 30-year home borrowing rate averaged 4.38 percent a year ago. The average rate this week for 15-year, fixed-rate...
Always good for our villa owner clients to be aware of these scams going on and to be vigilant. Please see article below:- Barclays is warning holidaymakers to be on the look out for villa scams that could result in them losing thousands of pounds. New research from the bank has found that more than one in three (37%) people who reported villa scams lost between...
A decade after the summer of ’07, when Orlando real estate began a years-long crash, median home prices have not returned to their high but continued to rise incrementally, a new report shows. Midpoint prices for houses that sold during June in the core Orlando market were $222,500 — about $30,000 less than when the housing market overheated 10 years ago, according to new data from Orlando...