ARCHIVED BLOG POSTS
2021
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4 Things Every Renter Needs To Consider As a renter, you’re constantly faced with the same dilemma: keep renting for another year or purchase a home? Your answer depends on your current situation and future plans, but there are a number of benefits to homeownership every renter needs to conside...
11/28/2021
More New Homes Are Being Built with 4-Plus Bedrooms NAHB: Since COVID-19, more Americans want bigger homes: Share of single-family homes starting with 4 or more bedrooms rose from 42.6% in 2019 to 45.2% in 2020. Read moreBottom LineFor your NEXT Move Call or Text Charles Stallions NOW 850-476-44...
11/27/2021
Condo Q&A: Do Big Budget Hikes Require Residents’ Votes? The answer isn’t yes or no. It depends. There is a Florida statue that deals with annual budget meetings for condos, but there are specific provisions that must be met. Read moreBottom LineFor your NEXT Move Call or Text Charles Stallions ...
11/26/2021
Investor Invasion: Profit-Minded Home Buyers Flock to S. Fla. Redfin: Home purchases by investors in Miami and Fort Lauderdale jumped over 90% in 2Q 2021 compared to 2Q 2020; the 2020 numbers were impacted by COVID-19. Read moreBottom LineFor your NEXT Move Call or Text Charles Stallions NOW 850...
11/26/2021
Rent History Will Help More Buyers Qualify for a Loan 17% of buyers who couldn’t qualify for a mortgage should have better luck now that Fannie Mae includes rent history in its lending decisions. Lenders consider a history of on-time rent payments a strong predictor for whether borrowers will ma...
11/25/2021
Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded m...
11/24/2021
Study: Credit Scores Rebound Quickly After Home Purchase Nationwide credit scores fall about 20 points in the months following a home purchase, but they bounce back fully in less than one year. In four Fla. cities included in a LendingTree study, the full credit-score rebound ranged from 332 day...
11/24/2021
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Mortgage Rates Respond to Fed, Average Rises Above 3% After weeks of little movement in the 2.88% range, the average 30-year, fixed-rate mortgage rose to 3.01% this week. Economist cites “many factors” pushing the increase. Read moreBottom LineFor your NEXT Move Call or Text Charles Stallions NO...
11/23/2021
There’s a lot of talks lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The Number of Homes for Sale Usually Peaks in the Fal...
11/22/2021
The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the market...
11/22/2021
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