A lot of buyers are pressing pause on their plans these days, holding out hope that mortgage rates will come down – maybe even back to the historic-low 3% from a few years ago. But here’s the thing: those rates were never meant to last. They were a short-term response to a very specific moment in ti

If you’re a first-time homebuyer, you might feel like the odds are stacked against you in today’s market. But there are resources and programs out there that can help – if you know where to look. And one thing that can make homeownership easier to achieve? An FHA home loan. They’re designed to hel

In today's dynamic real estate market, co-owning a home has emerged as a strategic solution for families and investors alike. Whether it's pooling resources to afford a dream home or investing in a property that serves multiple generations, co-ownership offers flexibility and financial benefits. Th

Summer Selling: Why Now Is the Perfect Time to List Your Home (And What Buyers Should Know in This Fast-Moving Market) Thinking of selling your home this summer? You’re not alone—and you’re right on time. Summer is consistently one of the best seasons to sell a home in South Florida, thanks to long

Dreaming of a new home but feeling priced out? You’re not alone! According to a recent survey by Bankrate, 78% of aspiring homebuyers cite affordability issues as their primary deterrent.1   According to data from the U.S. Census Bureau, home prices have risen around 32% since the pandemic, and ele

Having a strong credit score is essential in 2025. Beside securing favorable rates on loans, credit cards, and mortgages even many Florida communities require a strong FICO score now. Below are some expert tips for boosting your credit score. If you'd like an analysis of your credit r

Key Takeaways for U.S. Real Estate Market InsightsIn the third quarter of 2024, average U.S. home prices grew by 4.3% compared to the same period last year, according to the most recent Federal Housing Finance Agency (FHFA) House Price Index (HPI). This represents continued growth, though at a more

In September 2024, mortgage applications for new home purchases increased by 10.8% compared to the same month last year, reflecting the ongoing appeal of newly built homes despite fluctuations in market conditions. The Mortgage Bankers Association’s (MBA) Builder Application Survey (BAS) shows that

  When preparing to buy a home, checking your credit report is a key step to ensuring smooth financing. Reviewing your report at least once a year helps keep your credit profile accurate and boosts your chances of qualifying for a mortgage with favorable terms. Understanding Your Credit

Florida Condo Associations Face New Reporting Requirements by December 31, 2024 As the December 31, 2024, deadline approaches, many Florida condo associations are required to complete two key inspection reports that could significantly impact condo buyers, sellers, and current owners. These reports

Starting October 1, 2024, Florida will implement a new flood disclosure requirement for residential real estate transactions. According to Florida Statute 689.302, sellers must now provide a flood disclosure to potential buyers at or before the time a sales contract is signed.   The fl

  Florida's property insurance market is showing promising signs of improvement, thanks to recent reforms and initiatives aimed at reducing costs and expanding coverage for homeowners. For first-time homebuyers and homeowners in Broward County, this news is especially relevant as it impacts both

Purchasing your first home is a significant milestone, but it can also feel overwhelming. By taking the right steps and working with professionals, you can approach the process with confidence. Here's a deeper look at essential tips for first-time homebuyers in Broward County. 1. Estab

Are you a dedicated member of our community workforce in Florida? Dreaming of owning a home? The Florida Hometown Heroes Housing Program is returning on July 1st, 2024 to turn your dreams into reality by making homeownership more affordable than ever for eligible community heroes like you!

A growing share of home buyers and sellers sat on the sidelines last year as the pace of home sales continued its downward trajectory.1 In fact, since the Federal Reserve began its series of interest rate hikes in 2022, the combination of higher borrowing costs and record-high home prices has fos

To avoid buyer's remorse, be sure to consider your future self when shopping for a home.   Most new homebuyers don't regret becoming homeowners. In fact, according to a survey by LendingTree, 80% of recent buyers who successfully overcame a challenging housing market say they're glad they found th

If the thought of investing your money into brick and mortar—or perhaps some stylishly-painted siding—excites you, join the club.   Investing in real estate has long been one of Americans' favorite ways to grow their wealth. In fact, over 70% of single-family rental properties are currently owned b