Recent Real Estate News - Wholesale Florida Properties

November 8, 2021

Is There a Lien on My House? How to Do a Property Lien Search by Address

Is there a lien on my property?” If this is something you’re wondering about, then you’ll definitely want to find out, pronto. You might think you already know about any liens on a property you...

November 4, 2021

Pending home sales fell unexpectedly in September, likely due to higher mortgage rates

Pending home sales fell an unexpected 2.3% in September compared with August, according to the National Association of Realtors. Pending home sales, which are a measure of signed contracts to buy existing homes, fell an...

November 1, 2021

Weekly mortgage demand drops over 6% after interest rates move even higher

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) increased to 3.23% from 3.18% for loans with a 20% down payment. Climbing mortgage interest rates caused another drop...

October 28, 2021

Bidding wars are starting to cool off

Bidding-war rate in markets Redfin operates in nearly on par with September 2020 levels For the fifth consecutive month the number of bidding wars on home sales declined, according to a new report from brokerage...

October 25, 2021

The Death of the Starter Home: Where Have All the Small Houses Gone?

Being a first-time homebuyer these days can feel a bit like a hungry dog begging for scraps. And no one is rushing in with filet mignon anytime soon. At the heart of the problem: the...

October 21, 2021

Mortgage originations will drop 33% in 2022 as interest rates rise, according to industry forecast

The average rate on the popular 30-year fixed loan will rise to 4%, according to the Mortgage Bankers Association’s forecast. Rising interest rates will result in a sharp drop in refinance demand in 2022, meaning...

October 18, 2021

Housing affordability improves for second straight month

For the second month in a row, national housing affordability improved in August, according to the latest National Association of Realtors housing affordability index report. This improvement came as monthly mortgage payments fell by 1.1%...

October 14, 2021

With Profits Flopping, These Are the Best (and Worst) Places for Home Flippers

With seemingly endless news coverage of this unprecedented, white-hot housing market and oodles of pandemic-induced free time to stream HGTV or Discovery+, it may seem like a no-brainer to get in on the home-flipping game...

October 11, 2021

Housing Market Update: Asking Prices Up 12% to All-Time High

Despite optimism from people listing their homes for sale, pending sales and new listings followed expected seasonal slowdowns. Mortgage rates are starting to creep up, which could let some steam out of the market. Asking...

October 7, 2021

Working Toward a More Affordable Housing Market

Here’s how the U.S. can take steps forward in this uphill battle. The COVID-19 crisis has made it clear that access to affordable homes is essential for individual and public health. In the U.S., there...