We’re at an all-time housing inventory low. This “macro” shortage is almost the same size as the oversupply was in 2007. Florida is number three in a list of the top five states with the largest housing supply deficits. This shortage has put pressure on buyers and prices. There are a number of reasons why:[…]
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.[…]
[slideshow_deploy id=’1482′] Charming, cute, and move-in ready! 3/2, 1,401 sq ft, for $159,900. Wonderful opportunity to buy a newer home just outside the Historic District in Sanford. Corner lot, 2-car garage, stainless appliances. Click here to see the full listing on the MLS.
Have you ever wondered just what the difference is between a Conventional, FHA, USDA and VA loan? We broke down the information for each one, and what you’d expect to pay for a $200,000 loan with a 30 year fixed interest rate. # 1 – Conventional Loan Conventional loans are the easiest to remember because[…]