A top reason buyers aren’t buying? Fear of rejection (4/22/2014)
Survey: 46% of potential buyers think they won’t qualify for a mortgage, so they don’t try; and 43% incorrectly believe it’s harder now than it was a year ago.
Buyers can irk sellers: Here’s how (4/15/2014)
It’s a negotiation and some disagreement is inevitable. However, sellers have a few key complaints that go beyond sale conditions and terms.
Fannie Mae extends 3.5% closing cost incentive (3/28/2014)
Owner-occupant buyers have 20 days after a listing to make an offer. The 3.5% can be used toward closing costs or pay points to lower their mortgage rate.
Realtor.com: Top 10 markets for first-time buyers (3/27/2014)
Home listing site puts Fla. cities on its list of places with “favorable conditions” for first-timers: Tampa/St. Petersburg/Clearwater, Orlando and Jacksonville.
6 signs a neighborhood is about to take off (3/21/2014)
If a neighborhood’s value goes up, each home’s value goes up. But it’s not always easy to identify up-and-coming areas in the early stages of their rebound.
What do buyers want in a lender? Simplicity (3/12/2014)
Survey: Two out of three U.S. buyers had a positive mortgage loan experience, but only 56% of Fla. buyers gave the process a similarly positive rating.
Student debt holds buyers back – but it shouldn’t (2/27/2014)
Two out of three college graduates don’t think they qualify for a mortgage, but student debt doesn’t ding credit scores as much as credit cards or auto loans.
Fannie Mae announces a ‘sale’ on REO homes (2/13/2014)
Buyers who submit an initial offer by March 31 and close by May 31 can get up to 3.5% back for closing costs or to pay points that lower their interest rate.
5 must-haves of millennial buyers (2/13/2014)
Many must-haves cross generational lines, such as a great kitchen; others, such as signal strength for mobile devices, are important enough to note in listings.
Men and women fall in love with a home differently (2/11/2014)
Men can have weekly crushes and tend to focus on the garage, while women fall in love less often and tend to swoon over updated appliances and fixtures.
A short-seller hoping to own again? Do this first (2/10/2014)
A buyer should check their credit report early so they have time to correct mistakes. In some cases, lenders have recorded a short sale as a foreclosure.
Divorcing couples present unique sales challenge (2/6/2014)
When a home sale and the end of marriage go hand-in-hand, Realtors must be sensitive and understand the situation’s unique financial and legal complexities.
Target's security problems could impact home sales (2/5/2014)
Retailers' recent data breaches could hurt home sales if buyers find themselves with damaged credit and lower scores. Also: How secure is your agency's data?
NAR: Exterior replacement projects most valuable (1/20/2014)
A new steel front door remains the top improvement, returning 96.6% of the cost when a home is sold, but 8 of the top 10 were exterior projects.
Real estate: Should you rent or buy in 2014? (12/4/2013)
While home prices have risen, interest rates remain historically low, even if up a bit year-to-year. The cost of renting, however, continues to rise.
Foreclosed owners get second chance sooner (12/3/2013)
Ex-owners who went through a foreclosure or short sale could qualify for a new home loan in less than a year under one FHA program.
Somebody please tell homebuyers rates are still low (11/21/2013)
D.R. Horton exec says 2% drop in sales resulted from mortgage rate increases since Jan. But buyers forget that current rates are an amazing bargain historically.
Men and women view homeownership differently (11/18/2013)
Survey: 39% of men say they alone deal with finance issues, but 42% of women say they alone manage appointments and 34% say they’re the neighborhood researchers.
Fla. modifies informal wetland determination fee (11/14/2013)
Development by a property owner can be difficult if the parcel contains a wetland. Fla. offers an informal survey, but it modified the fees charged on Oct. 1.