Tagged : buying a home

Found 2 blog entries tagged as "buying a home".

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Why Sell This Summer?

 Here are 5 reasons to list your home or condo for sale this summer:

Strong Demand

The most current Buyer Traffic Report from NAR (National Association of Realtors) reports that demand from buyers for properties for sale remains very strong. These buyers are actively looking, and are ready to purchase. In many situations, multiple buyers are viewing and bidding on the same property. Take Advantage of the buyer activity currently in the Fort Lauderdale real estate market.

Less Competition

Inventory for homes and condos has declined year-over-year during the last 35 months and is still short of the six month supply needed for a balanced housing market. In other words, there are not enough properties currently for

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Real Estate Mortgage Rates for 2014

Fort Lauderdale HomeMortgages are going to cost more in the upcoming year, than they did in 2013.  During the last six years or so the mortgage rates were steadily decreasing until the home lending market hit an all-time low in late 2012, with 30-year fixed mortgages tapering off at about 3.38%.

Rates remained in the 3's throughout the first two quarters of 2013 before we finally started seeing some 4%'s popping up around June and it appears that 4's are here to stay.

The Mortgage Bankers Association is predicting mortgage rates to increase to 5% throughout 2014, and increase to 5.5% by the end of 2015.  Mortgage rates increasing should not be a shock to anyone considering buying a home.  We knew all along historically low interest

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