Orlando traditionally experiences its biggest home-buying rush in the spring, but this year buyers are challenged by the double whammy of double-digit home price increases and a depleted inventory. The median price of existing homes sold in Orlando during the … Continue reading →

1. Don’t buy if you can’t stay put. 2. Start by shoring up your credit. 3. Aim for a home you can really afford. 4. If you can’t put down the usual 20%, you may still qualify for a loan. … Continue reading →

RealtyTrac recently named Orlando as the No. 1 market in the U.S. for flipping homes. Spring is in full bloom and it would appear love is in the air for investors hoping to make a killing in the Orlando real … Continue reading →

The average U.S. rate on the 15-year fixed mortgage fell to a new record low last week, and the rate on the 30-year fixed loan declined. Cheaper mortgages have encouraged more home-buying and refinancing. Mortgage buyer Freddie Mac said Thursday … Continue reading →

The Federal Housing Finance Agency (FHFA) has announced the extension of the Home Affordable Refinance Program (HARP) by TWO YEARS, to December 31, 2015. The program was set to expire December 31, 2013. HARP has proven to be an important … Continue reading →

Source: Orlando Realtor Magazine http://www.orlandorealtors.org/

The midpoint price for a house in the core market, mainly Orange and Seminole counties, was $140,000 in March — up 5.2% from a month earlier and 21.7% from a year earlier, according to the report released Monday by the … Continue reading →

In most parts of the country, you have finally regained the upper hand. To get your best price, though, you need to finesse your timing, list competitively and match your marketing strategy to local conditions. Visit the link below for … Continue reading →

It’s no surprise that owning a home automatically opts you into a new realm of  tax advantages. In fact, in a recent survey of people who bought homes in 2012,  79 percent said the mortgage interest and property tax deductions … Continue reading →

Since markets are moving fast, experts recommend sellers have their loan  pre-approved and down payment ready before starting their search.  “The  market is changing,” says Cara Ameer, broker associate and Realtor based in Ponte Vedra Beach, Fla. “Inventory is low … Continue reading →