A large number of FHA mortgage delinquencies have placed Orlando (9) and Tampa (10) in the top ten cities in the nation. This could become a serious situation as COVID-19 unemployment benefits expire and unemployment remains high. Nationally, in September over 3.5 million FHA mortgages were enrolled in a forbearance plan. Ed Curry has earnedContinue reading “Delinquencies Place Two FL Cities in Top 10”
Lower mortgage rates have increased the purchasing power of buyers by an average of more than $33,000 from one year ago. That is almost a 7% increase from last year. Increased home prices, however, are negating that increase in purchasing power. Home prices have seen average increases nationally of over 8%. Please contact Ed CurryContinue reading “Buyer Purchasing Power Up $33,000+”
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