Renters Prefer Smaller Metro Areas

Similar to home buyers, renters now prefer smaller metro markets. The advantage of more open space and lower costs are the driving forces. COVID-19 changed people’s ability to work from home. Larger metro areas like San Francisco and San Jose saw double-digit rent decreases. Conversely, some smaller Metro areas saw double-digit increases in rents. PleaseContinue reading “Renters Prefer Smaller Metro Areas”

Noisy Homes Sell for Less

Homes within a 2-mile radius of an airport sell for over 13% less than homes in the same zip code. Sellers near a railroad saw values decrease by over 12%. Busy highways reduced sale prices by over 11%. Data per realtor.com® Please contact Ed Curry at 941-799-9440 if you are thinking of selling or purchasing a home.

5 Common Home Buying Mistakes

(1) Not getting a mortgage pre-approval.  This is step one period. (2) Shopping for a home you cannot afford.  Know your budget and don’t go over it.  (3) Using a shady mortgage lender.  Incompetent lenders will blow up your home purchase.  (4) Submitting a lowball offer.  Many home sellers will not even respond. (5) BuyingContinue reading “5 Common Home Buying Mistakes”

The Move is On!

Florida gained 241,256 new residents from July 2019 to July 2020 according to the U.S. Census Bureau.  Florida was second in the nation in population growth behind only Texas.  COVID-19 and higher home prices in other Northern urban areas may be partly responsible for the population growth according to experts.  Please contact Ed Curry atContinue reading “The Move is On!”

14K Appreciation for FL Homeowners

The average Florida homeowner gained approximately $14,000 in home appreciation year over year during the 3rd quarter of 2020.  The surge in appreciation was the largest since 2014 when we were exiting the great recession.  Washington State saw the largest increase nationally increased equity at $35,800.  Please contact Ed Curry at 941-799-9440 if you areContinue reading “14K Appreciation for FL Homeowners”

Help Those Who Need It Most

Over 30,000 FPL customers and homeowners are months behind on their utility bills because of COVID-19.  On October 1, FPL starting disconnecting service to delinquent customers.  Please forward the information below to anyone you know who may need help with paying their utility bills. FPL customers anywhere in FL can visit FPL.com/Help or call 800-226-3545.Continue reading “Help Those Who Need It Most”

$309 Average Monthly Savings

There are approximately 1.4 million Florida homeowners who would benefit from refinancing their homes because of lower mortgage rates according to a national research. firm.  These homeowners are high quality refinancing candidates because they have at least 20% equity in their homes and a credit score over 720.  Florida is second in the nation inContinue reading “$309 Average Monthly Savings”

Will Mortgage Rates Rise After Election?

This year mortgage rates reached an all time low for home buyers.  After the 2016 election rates jumped from 3.74% to 4.24%. Many economists agree that mortgage rates will hover around 3%.  The Federal Reserve has been keeping the Federal Funds Rate near zero which indirectly helps mortgage rates stay low.  Additionally, there is stillContinue reading “Will Mortgage Rates Rise After Election?”

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