Homeowner

How To Become a Homeowner

Becoming a homeowner is a major step to take towards financial freedom that’s why it should be carefully planned, starting with setting a budget that best suits your price range. By the time the search for the right home is initiated it is important to take into consideration how will the funding of the new…

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When Is it a good time to invest in real estate

When Is It a good Time to Start Investing in Real Estate

Financial Ressources When is comes to investing in the real estate the first step before Seeking knowledge to find out whether the market is hot or not, any real estate investor should first make sure there are reliable financing resources in hand such as: Loans, mortgages or simply being capital ready. Knowledge of The Real…

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Selling

Home Sellers Are Feeling More Optimistic

As home prices rise by double-digit margins year over year, homeowners are increasingly viewing selling favorably. Consumers reported a significantly more positive view of homeselling conditions month over month in January, jumping 16 percentage points on net, according to Fannie Mae’s Home Purchase Sentiment Index, based on a survey of 1,000 consumers. “Overall, the index’s…

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Homeowners Are on a Home Improvement Spending Spree

As homeowners spend more time at home, they’re tackling household projects. The top reason for the increase in home improvement spending last year was to make a home better fit “lifestyle needs,” according to “The State of Home Spending: 2020,” a report produced by HomeAdvisor. Eighty-five percent of Americans surveyed reported spending more time at…

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Expert: Covid-19 made it vital to resolve the widening disparity between income and housing costs

Central Florida has a well-documented and dire shortage of housing affordable to working families earning at or below the area median income. New data from the National Low Income Housing Coalition’s “Out of Reach” report highlights the widening disparity between income and housing costs. Florida continues to rise in the coalition’s rankings — and not…

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Orlando Home Prices Continue Upward Trend in May, Even as Closings Dive

The Orlando Regional Realtor Association is now reporting that Central Florida median home prices sold in May 2020 increased nearly 7% compared to May of last year, while transactions dropped 44% during the second consecutive month to illustrate the impact of COVID-19 on Orlando’s housing market. Inventory experienced a year-over-year decline of 11%. “Despite year-over-year…

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