Home Ownership Key Lock

FHA Mortgage Insurance Premium Reduction= Gone

HUD suspends it indefinitely   The Federal Housing Administration-insured (FHA) two weeks ago stated that they were in the process of cutting mortgage insurance premiums on FHA loans. This insurance is added onto loans to help offset…

Florida Legislative Climate Set To Change?

Decisions made in Tallahassee can affect South Florida Market   All eyes are fixated to the northern realms of the state. What seems to be a million miles away can dramatically affect life here in southern Florida. The 2017 legislature…

No Signs Of Stopping

U.S. home sales are hitting new highs by breaking through to a 10-year record. It appears buyers are not concerned with higher prices or the slight uptick in mortgage rates. This would seem to be a healthy sign that home buyers have confidence…

They Are Not The Same Thing. Know The Difference

  All of Florida’s Realtor contracts have space for the escrow agent’s information for a reason. This information allows the buyer to know where to send the deposit that is due upon entering into the contract.   Then,…

Residents Of The Tilting Tower To Fit Big Bill

Looking around at all the cracks in the garage of San Francisco’s Millennium Tower one would be flabbergasted at the extent of the rifts and the array of stress gauges attached.   Back in May of 2016, these problems started to arise…

Going, Going, Gone

What was once the desire of the high-end luxury home might be becoming a thing of the past.   There are those eternal staples of true luxury homes that will never fade away. A breathtaking ocean view, lush greens of a PGA Tour golf…

From Condo To Commercial

As skyrocketing prices soar above the condo high-rises that dominate the Miami skyline, investors money has receded to more oxygen-rich segments. Though condo sales are slacking, funds continue to pour into the Miami real estate market.   Commercial…

Major Crash Averted?

President-elect, Donald Trump has not officially been sworn into office, but Republicans in Congress are wasting no time in passing legislation that seems to foreshadow his political agenda. Dodd-Frank was put into action by the Democrats…

First Time Home Buyers Are Being Targeted

For many years, it has seemed that new home builders were ignoring first time home buyers to focus on the most lucrative demographics in the middle to high-end home market. The housing market had made it apparent that in this post-recession…

President Obama Eases FHA Concerns

  H.R. 3700 is now law. The Housing Opportunity Through Modernization Act was activated by the signature of President Obama back in July 2016. The National Association of Realtors (NAR) has lauded this bill as a significant step in creating…