A recent report by by the National Association of Realtors and American Public Transportation Association shows that homes and business within a half mile of transportation options sell for a higher price. Residential properties had 4% to 24% higher median sale prices between 2012 and 2016; commercial properties saw median sales prices per square foot[…]
Here in Florida, we’re land of the condominiums. Good news today for financing a condo. New FHA mortgage rules go into effect on Oct. 15, 2019 making it easier to buy a condo – especially first time buyers. The new rules specifically: Allow single-unit approval process. Extend condo project recertification from 2 to 3 years.[…]
The need for a home office is a trend that continues to grow. According to the U.S. Bureau of Labor Statistics, at least 24% of employed people in the U.S. worked from home at lease part of the time last year. In a survey of 23,000 home shoppers by John Burns Real Estate Consulting, 30%[…]
Orlando’s housing market in August saw an increase of 9% in year-over-year median price to $250,000. Inventory has gone down 2% over that same period of time.