ARCHIVED BLOG POSTS
2016
Pensacola, Pace and Gulf Breeze Homes for sale: Main Street to My Street 32503, 32504, 32514, Some renovation blunders can hamper valueExample: A luxury master suite can add to a home's value, but not if owners combined two bedrooms to create it since "number of bedrooms" is a search variable. R...
01/24/2016
Pensacola Home Source 32503, 32504, 32514, Banks accelerated Fla. home repossessions in Nov.Fla. ranked No. 1 in total completed foreclosures - twice as many as No. 2 Texas. But scheduled auctions dropped 58% year-to-year as crisis cleanup continues. Read more. ...
01/23/2016
Pensacola Home Source 32503, 32504, 32514, FHA: Loan limits won't change in 2016The conforming range for buyers seeking a Federal Housing Administration (FHA) loan remains the same in 2016, but selected metros will see an increase. Read more. ...
01/22/2016
Pensacola, Pace and Gulf Breeze Homes for sale: Main Street to My Street 32503, 32504, 32514, 7% of first-time homebuyers 55 or olderLast year, NAR calculated the median age of first-time homebuyers at 31, though almost one in 14 are 55-to-74. After age 75, however, it's less than 1%. Read mor...
01/22/2016
Pensacola Home Source 32503, 32504, 32514, Study: Buying beats renting in most Fla. metrosFAU-FIU's 3Q survey finds buying still preferable, but rising home prices continue to erode its advantage. Miami may be dicey and Texas cities could have a bubble. Read more. ...
01/21/2016
Pensacola Home Source 32503, 32504, 32514, Study: More than half of U.S. renters older than 40In a fundamental shift for housing, the average renter is getting older. Experts attribute it to the after-effects of the housing crash and an aging population. Read more. ...
01/20/2016
Pensacola, Pace and Gulf Breeze Homes for sale: Main Street to My Street 32503, 32504, 32514, Average rate on 30-year mortgage slipsThe momentary FRM increase above 4% didn't last long, and the Fed's recent interest rate hike doesn't seem to have hurt homebuyers so far. Read more. Helpful Links...
01/20/2016
Pensacola Home Source 32503, 32504, 32514, How will higher interest rates affect housing?In less than a week, the Fed will probably increase interest rates for the first time in 9 years. Experts say it might ding buyer demand, but it's not a big deal. Read more. ...
01/19/2016
Pensacola, Pace and Gulf Breeze Homes for sale: Main Street to My Street 32503, 32504, 32514, All condo owners must help pay for new roofReal estate Q&A: A condo board is contemplating a loan for a new roof, leading a unit owner to ask how a large loan could affect residents. Read more. Helpfu...
01/18/2016
Pensacola Home Source 32503, 32504, 32514, Average rate on 30-year mortgages rises to 3.95%FRMs edged higher this week amid expectations that the Federal Reserve would soon raise its key short-term interest rate. It follows three weeks of declines. Read more. ...
01/18/2016
Rainmaker
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