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    Realtor.com: Housing Market Turned Around in May

    By Kerry SmithBased on realtor.com data, a drop in listings turned around in May as median prices hit an all-time high of $330,000. In the 50 largest metros, inventory was down 21.9% – but less in four Fla. cities, where it ranged from 8.6% (Orlando metro) to 19.3% (Tampa metro). SANTA CLARA, Calif. – The […]

    Hurricane Season Collides with Coronavirus on Monday

    By Jim Turner Fla.’s disaster managers modified hurricane plans for evacuations, shelters and relief crews. More people, for example, may be encouraged to stay home during the storm. TALLAHASSEE, Fla. – With the six-month Atlantic hurricane season starting Monday, emergency-management officials have changed how Florida will respond to storms as they grapple with the coronavirus […]

    New-Home Sales Post Surprising Gain in April

    A 0.6% increase in new-home sales isn’t much, but it suggests that a healthy number of potential buyers is still ready to move forward on their plan to buy a home. BALTIMORE (AP) – U.S. new home sales ticked up 0.6% in April, a surprising gain amid the coronavirus outbreak that hints at the relative […]

    U.S. Long-Term Mortgage Rates Ease; 30-Year at 3.24%

    It’s the 4th straight week that the 30-year home loan stayed below 3.30%; the average rate on the 15-year fixed-rate mortgage slipped to 2.70%. WASHINGTON (AP) – Long-term U.S. mortgage rates eased this week in a housing market battered by the shutdown spurred by the coronavirus pandemic. Rates hovered near all-time lows as the benchmark […]

    Fla.’s Home Sales and Median Prices Show Gains at End of 201

    Fla. Realtors data: Single-family sales up 5.9%, median price up 3.7% year-over-year while condo median price up 3.8% over 2018’s end. Condo sales eased slightly, down 0.8%, compared to a year ago. A growing economy and strong jobs outlook bode well for 2020. ORLANDO, Fla. – Florida’s housing market wrapped up 2019 with more sales, higher […]

    Reasons Why Orlando is An Ideal Place for Seniors

    Looking to move to Orlando, Florida for retirement? You’re making a great choice for your quality of life. Famously pleasant weather, endless entertainment possibilities, and a large population of active seniors are just a few of the reasons retirees make their way down to the Sunshine State in their later years. Orlando should be your […]

    House hunters have an edge this spring

    NEW YORK – March 11, 2019 – If you’re hunting for a house this spring, say goodbye to frenzied bidding wars. And if you’re selling, get ready for good, old-fashioned negotiations. While real estate brokers aren’t declaring a buyer’s market just yet, demand has definitely cooled since last summer and the upper hand sellers once […]

    Buyers delight: Digital mortgages have arrived

    NEW YORK – Jan. 25, 2019 – If you’re a move-up buyer looking to purchase your second home, you might be pleasantly surprised by changes in one aspect of your experience: You now can apply for your mortgage completely online, rather than having to deal with all the onerous paperwork of yesteryear. In recent years, […]

    Fed chief: We’ll be ‘patient’ hiking interest rate

    WASHINGTON – Jan. 8, 2019 – Despite the latest jobs report indicating the U.S. economy remains on solid footing, Federal Reserve Chairman Jerome H. Powell gave anxious financial markets some additional reassurance on Friday. Powell said the Fed would be “patient” to see how the economy develops before policymakers raised interest rates further. News Friday […]

    Study: Fla. top state for in-migration from other states

    CHARLOTTE, N.C. – Nov. 5, 2018 – LendingTree’s latest State Migration Study discovered that 12.1 percent of homebuyers across the country plan to change states and most plan to head south – and the largest number prefer Florida. It’s the top destination for residents of 15 out of 50 U.S. states, most of which are […]

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