Category: Home Buying

Buying a home is a big investment. In fact, it is likely the single biggest investment for most Americans in their lifetimes. Therefore, it’s important to make sure that you’re getting what you pay for. A home inspection is a critical step in the home buying process, and it can help you identify any major… Continue reading What To Expect With A Home Inspection As A Buyer

If you have ever purchased a property, then you likely have had a lien search conducted prior to closing. If you are a first-time home buyer, then it is important to have a good understanding of what liens on a house are. For starters, what is a lien? A lien is a legal claim against… Continue reading What Is A Lien On A House?

If you have been keeping up with real estate news for the past few years, then you likely have seen a common theme. The inventory of homes for sale has been tight while home prices have been rising. In fact, this lone statement could easily apply to just about any month over the past several… Continue reading Florida’s Median Home Prices

For many home buyers, mortgage rates above 6% are making it more challenging to become a home owner. With this said, there are many low-rate FHA mortgages that now finance and refinance homes loans in the 3% range and sometimes lower. First of all, what is an FHA mortgage? An FHA loan is a mortgage… Continue reading Can I Assume An FHA Mortgage?

When you are buying or selling a home, it’s important to understand the difference between the market value and the assessed value. For buyers, this is particularly important when trying to determine what the property taxes on your new home may be. For a helpful video on determining the property taxes on a home you… Continue reading What Is The Difference Between Market Value And Assessed Value?

In an effort to tame out-of-control inflation, The Federal Reserve (Fed) has been focused on steadily increasing the key short-term interest rate for the past 10 consecutive cycles. With this said, on June 15, 2023, the Fed announced that it would be pausing its series of interest rate hikes. This marks the first time in… Continue reading The Federal Reserve Pauses Key Interest Rate Hike

Recently, Fortune Well released their 50 Best Places To Live For Families. This analysis evaluated nearly 1,900 cities, towns, suburbs, exurbs, villages and townships that had approximately 20,000 residents across all 50 states in the U.S. Rather than simply taking the 50 best cities across the country, this report took only one city from each… Continue reading Best City For Families In Florida

According to data from ATTOM Data Solutions, there were 1.25 million mortgage originations secured by residential properties (1 to 4 units) in the first quarter of 2023. As compared to Q4 2022, this figure was down by 19% and also marked the eighth quarterly decrease in a row. When compared to the year prior, the… Continue reading Mortgage Originations Hit A 2-Decade Low

If you have recently searched for a home, it is quite likely that you may have come across a property that is listed as “coming soon”. Of course, the listing statuses that you most likely will see are “active”, “pending”, “contingent”, or “closed”. However, you may come across a listing that is coming soon. Below… Continue reading What Does Coming Soon Mean In Real Estate?