December 2019: Florida Housing Report: Single-family-home sales up 24% and condo/townhouse sales up almost 18%, year over year, but inventory continued to tighten into 2020.
2021 Contract Updates : A detailed look at the 2021 changes to the Florida Realtors/Florida Bar Residential Contract for Sale and Purchase, the “AS IS” version and 10 Riders.
It has been quite some time since I have posted to this blog. I have been in Florida Real Estate for 23+ years and I don't believe I have ever seen a more challenging time.to be a Realtor. With Insurance rates being through the roof, Interest rates 7%+ and Inventory being over priced and relatively light it has been extremely tough. There are many of us that have done no where near the business we have done in years past. This is why I have modeled my brokerage to help us get through this market environment. Charging NO FEES and offering higher Commissions than most Brokerages we are here to help. Want to learn more just shoot us an email to AdvantageRealtyFL@outlook.com and I'll send you an information packet.
Probably the most misunderstood concept about applying for a Mortgage is that by applying to multiple Institutions negatively affects your credit score. That is totally a misnomer. Shopping around is necessary to achieve the best possible rates for what most likely will be the biggest purchase of your lives and applying to multiple lenders is beneficial. One of my favorite "Go To" sites is BankRate.com. I find their information and articles to be very helpful in today's Real Estate market. Below is an article I copied from today's page view from BankRate.com: How do I get the best mortgage rate? To get the best mortgage rate , shop around with multiple lenders. Ideally, you want a rate that’s at least equal to, or better yet below, the current average rate for the loan product you’re interested in. Comparing rates from three, four or more lenders helps ensure you’re getting competitive offers on a new mortgage or a refinance. Inquire with large banks, credit un...
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