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s-ht_monica-grand_Frnt1
July 17, 2017
Homes in Greater Orlando are selling at a record pace For a sense of just how strong the housing market is in the Orlando area today, consider that, according to the Orlando Regional Realtor Association, in May, 30 percent of home sales landed a contract within a week of getting listed. That’s a remarkable figure; one that indicates Orlando’s housing market is getting stronger – and hotter.  Clearly, the number of prospective buyers who are house hunting in the region is on the rise…
jacksonville-skyline-night
June 30, 2017
As large cities like San Francisco, Los Angeles, Boston and New York have become extremely expensive, a growing trend in the real estate market today has been the migration of home buyers to medium-sized cities. A growing number of young people, families and Millennials are shunning the high cost of these metropolitan giants and instead relocating to smaller cities where there’s lots to do and they are considerably more affordable.
Stone Creek Fannie Mae lending
June 22, 2017
As the home buying season kicks into high gear, there’s good news for people looking to buy a home for the first time. Fannie Mae and Freddie Mac, the government-sponsored mortgage associations, are introducing new rules -- and changing others -- in order to make it easier for first time home buyers to get into the housing market. These changes push new homes for sale in Orlando. Many of these changes were made with students and millennials in mind. The team at AV Homes specialize i…
Stone Creek Millennials
June 22, 2017
Top Trends in Real Estate in 2017: Millennials and Boomers lead the way As the summer home buying season kicks off with Memorial Day Weekend, several reports from leaders in the real estate industry indicate the U.S. housing market should remain very strong this summer – and it will be Millennials and Baby Boomers leading the way. Realtor.com had its economic data team come up with the top housing trends for the rest of 2017, and their data suggests Millennials will make up a significant…
Mortgage rates
June 22, 2017
Last December, when real estate experts began issuing their predictions for where the nation’s housing market was headed in 2017, there was a clear sense that mortgage rates could become a factor. After years of historically low interest rates, there was a feeling that mortgage rates could become more volatile this year, and start to rise. So has that prediction come true? First, take a look back at 2016. By the end of the year, mortgage rates had increased by .25 percent. That migh…