It’s amazing to me, but, right here in Palm Beach County, there are over 129,587 residents who are currently renting but can afford to purchase a home. They are qualified to buy a home, so why wouldn’t they? Some people think that the housing market isn’t stable, but home prices in Palm Beach County are […]
It’s amazing to me, but, right here in Broward County, there are over 184,274 residents who are currently renting but can afford to purchase a home. They are qualified to buy a home, so why wouldn’t they? Some people think that the housing market isn’t stable, but home prices in Broward County are forecasted to […]
The numbers are in for Initial Jobless Claims … and, as anticipated, they aren’t pretty. Initial Jobless Claims showed that 6.6 million individuals filed for unemployment benefits for the first-time in the latest week. This was much higher than most estimates and almost double the previous report. And these numbers will continue to climb, as […]
The Bureau of Labor Statistics (BLS) reported that there were 701,000 job losses in the month of March, which was much worse than expectations of approximately 150,000 losses. There are two reports within the Jobs Report, the Business Survey, where the headline job number comes from and the Household Survey, where the Unemployment Rate comes […]
Should you wait for rates to drop before refinancing? That’s a question that we hear quite often. Rates have been trending lower and there’s a lot of speculation that the Fed will cut rates further. It’s important to remember that the Fed does not control mortgage rates, they control the Fed Funds Rate…and the two […]
There’s lots of talk right now about a recession coming in the next couple of years. What would it mean for you and your mortgage and real estate needs? Historically, interest rates have declined pretty dramatically, giving us a great opportunity to refinance. So as a strategy, if we’re taking out a mortgage today, we […]
Covid-19 has caused a virtual economic shutdown to stop its spread and preserve health. We will defeat this virus and our economy will begin to recover as finding opportunity during these challenging times appears on the horizon. The economic slowdown will likely cause home values to take a modest dip over the short term. But […]
In Review: Week of April 6th, 2020. The COVID-19 pandemic continues to wreak havoc on the labor sector. The latest Initial Jobless Claims filing was another whopping number, coming in just shy of the record filings set in the previous week. Inflation news also made headlines, as the wholesale-measuring Producer Price Index and the more […]
With many schools now officially closed for the remainder of the spring and stay at home orders in effect throughout much of the country, it is understandable if kids are feeling a bit antsy. If you’re looking for some fun, online activities to do with your kids, here are two free resources for cooking together. […]
Everyone’s concerned about the Coronavirus, its impact on the economy, and on housing. But before the Coronavirus took hold, housing was very strong, with both new construction data and existing home sales at 13-year highs. We expect the strength to resume when things get better, and they will get better! Sure, there might be a […]
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Unlock the Secrets of Florida Mortgages. We’re excited to take your mortgage knowledge to the next level! With the ever-evolving landscape of real estate and financing, understanding Florida mortgages can be a daunting task.
That’s where Melinda comes in! With her expertise and passion, she’ll guide you through the ins and outs, ensuring you’re well-equipped to make informed decisions.
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