Despite the adversities caused by the collapse of the housing market, most Americans still nurture the dream to buy a home, according to a national survey conducted by Fannie Mae in August…
Category: Market Trends
Sales of Tampa Luxury Homes Pushed Up by Improving Conditions
Sales of Tampa luxury homes have been improving since October as prices become more appealing to buyers. In October, a total of 192 million-dollar homes in the Tampa Bay area were sold,…
Who Have Been Buying Homes in the U.S. These Past Months?
It is a common knowledge that the real estate industry in today’s world has been booming to a scale that they are now investing the profited income in constructing and selling new…
Tampa Surpassed Miami and Orlando in Brookings Recovery Ranking
The city of Tampa has been showing its strength in recovering from the recession. In a study of the economies of 150 cities worldwide before, during and after the so-called Great Recession,…
Rise in Pending Sales of Existing Homes Gives Hope
There was a surge in the number of buyers who signed contracts to purchase existing homes in the U.S. in October compared to the previous month. This has given hope to a…
Home Price Drops in Tampa Favorable to Buyers
Although the home price drops in Tampa are hurting home sellers, real estate professionals and the overall housing market, these price decreases are helping the market in another way – making Tampa…
Comparing Sales of New and Existing Homes in October
When comparing existing home sales and new home sales announced for the same month, remember that these figures may be representing data during different months. Counting of New and Existing Home Sales…
Vacation Homes – Dreams Fulfilled During the Downturn
A large number of people who’ve dreamed of buying a vacation home near the beach, beside a lake, in the mountains, or in the center of a resort city have fulfilled their…
Higher Jumbo Loan Limits Extended to 2011
Prospective buyers of higher-priced homes in high-coast areas can still depend on Fannie Mae and Freddie Mac loans after the Federal Housing Finance Administration extended the granting of higher conforming loan limits…
Biggest Lenders Require Higher FICO Scores for FHA Loans
The country’s two biggest mortgage lenders have raised their standards for Federal Housing Administration loans. Weeks after the FHA increased its minimum FICO score requirement for its low down payment loans to…