ARCHIVED BLOG POSTS
2020
TODAY'S TOP STORIESWave of ‘Build for Rent’ Communities Coming to S. Fla.An uptick in new-home developments is targeting investors who plan to rent-out homes rather than first-time or move-up buyers who plan to live there. Read more Pensacola's Need To Know?Realtor.com: Fla. Less Impacted by Sell...
09/29/2020
Why Now is the Time to List your Pensacola, Pace and Gulf Breeze Home These are wild times whether selling or buying in the Pensacola Market. We have had the busiest year since 2004 despite the pendemic. Pensacola, Pace and Gulf Breeze have seen higher demand that even the usually HOT Market. P...
09/28/2020
TOP STORIES: NAR: Pending Home Sales Rise 5.9% in July In 2020, summer is the new spring, at least for real estate sales. Pent-up demand caused a nationwide boost in pending sales month-to-month and year-to-year. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows and closin...
09/27/2020
TOP STORIES: Long-Term Mortgage Rates Fall – 30-Year at 2.91%Rates flirted with the 3% mark last week only to drop down to 2.91% this week – almost to their all-time record low of 2.88% hit only a few weeks ago. Read morePensacola's Real Estate Q&A? What is Title Insurance, Escrows and closings e...
09/26/2020
TOP STORIES: 2 Out of 3 Buyers Will Blow Their Budget for a Dream HomeSurvey: 64% of buyers said they’d go over budget for their dream home, but record-low mortgage rates may be creating a false sense of security in bidding wars. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Esc...
09/25/2020
TOP STORIES: Active and Former Meth Houses Pose Health Risks“Former meth house” is a rare but serious problem in the real estate world. Toxic residue can be a health risk for up to five years after the meth lab moves out. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows and...
09/25/2020
TOP STORIES: FHA Mortgage Delinquencies Reach a Record The share of late FHA loans rose to almost 16% in 2Q, up from 9.7% the previous quarter – the highest level since at least 1979. For conventional loans, the rate is 6.7%. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows...
09/24/2020
TOP STORIES: S&P CoreLogic Case-Shiller: Home Prices Rise 3.5% in June June’s year-over-year price increase showed continued strength in the housing market, though the rate of increase has slowed recently. In May, it was 3.6%. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escr...
09/23/2020
TOP STORIES: U.S. Consumer Confidence Falters as Pandemic Drags OnOutlooks over present conditions “decreased sharply,” though Americans’ attitudes about the future also took a step back. The Conference Board says that consumers’ worries “will likely cause spending to cool in the months ahead.” R...
09/23/2020
TOP STORIES: New Home Sales Surge 13.9% – Far More Than ThoughtThe increase in July follows strong numbers in May and June. But while experts predicted another increase, the level of that increase surpassed most expectations. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows...
09/22/2020
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