The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.
The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.
For today’s home buyer in Florida, December’s Existing Home Sales figures may be construed as a “buy signal.”
The Pending Home Sales Index surged 10 percent in October as low mortgage rates and low home prices spurred buyers into action. The market looks different today, however.
It’s encouraging that first-time and investment property buyers were both outnumbered by “move-up” buyers in October; buyers that have sold their respective homes in favor of larger ones.
Florida mortgage borrowers looking to buy homes in Florida can look forward to a continuation of a “buyer’s market.”