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Don’t Be Surprised by Closing Costs

Don't Be Surprised by Closing Costs According to a survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage. After surveying 1,000 first-time and repeat homebuyers, the results revealed that 17% of homebuyers were surprised that closing costs were required at all, while another 35% were stunned by how much higher the fees were...

Panama City Beach Condo Sales

 Panama City Beach Condo Sales NEW YORK – Oct. 20, 2017 – Home shoppers without children are a growing segment of the housing market, and they tend to want smaller houses than previous generations. In the latest numbers released by the CDC, the fertility rate among women 15 to 44 years old hit its lowest level since data collection began 108 years ago. And as more couples delay having kids or opt to...

Four Reasons to Buy a Home this Fall

Four Reasons to Buy a Home this Fall Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.0% over the next year. The bottom in home prices has come and...

The Rental Trap

The Rental Trap There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped A recent article by ConsumerAffairs addressed the continuous rise in rents, stating: “The cost of putting a roof over your head continues to go up. Not only are home prices still...

What to do when Disaster Hits

What to do when Disaster Hits NEW YORK – Sept. 6, 2017 – Hurricane Harvey has damaged or destroyed hundreds of thousands of homes and put countless families into a financial tailspin. If you're affected by a natural disaster, what does it mean for your mortgage? Here are frequently asked questions and answers. What should I do first? Get in touch with the following entities: The Federal Emergency...

Tourism in Panama City Beach

Tourism in Panama City Beach Tourism in Panama City has climbed over the last year, with May marking the fourth consecutive month of double-digit growth for the city. Visit Panama City Beach and the Bay County Tourist Development Council announced that tourism numbers were up 14 percent in May as compared to the same month in 2016. In addition, overall numbers have increased by 14.8 percent for the...

Homeownership Beats Renting

Homeownership Beats Renting LOS ANGELES – July 27, 2017 – Arizona, Nevada and Washington, D.C. are among the 11 states where it's more affordable to rent than it is to buy a home. But owning a home still beats renting in Florida, according to a study by website GOBankingRates. GoBankingRates surveyed all 50 states and the District of Columbia, and identified which states are best for buying a home and...

Millennial Homeowner? Now is the time to sell!

Millennial Homeowner? Now is the time to sell! Contrary to what many believe, Millennials are not the ‘renter’ generation. Millennials purchased a larger percentage (34%) of homes in the U.S. than any other age group in 2017 and the most recent Census Bureau report shows that the homeownership rate among Millennials is finally on the rise. Many Millennials took advantage of post housing crash...

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