Blogs
Happy April Fool’s Day
Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!
Florida Moves to Eliminate Property Taxes
HJR 203 would let voters end some city and county home property taxes; school taxes stay. If Senate approves, it goes on the statewide ballot in November 2026; phase-out starts January 1, 2027. Example: $350,000 home at 0.8%-1% pays $2,800-$3,500 yearly; city/county share could be removed. Local governments might offset lost revenue via ↑sales taxes, […]What Can Influence Mortgage Loan Approval?
Mortgage approval can depend on several factors, and lenders often look at things like employment history and income stability. In many cases, changing jobs during the loan process may add extra documentation or review. Down payment and closing costs can also vary widely based on the loan, the property, and the transaction details. Understanding these […]Luxury homes now more attainable in key US metros
America's luxury housing market shows varied entry-level luxury thresholds, with the national average at $1.2 million, down 3.1% year-over-year. Sun Belt metros like San Antonio and Charlotte offer luxury homes under $1 million, while coastal and mountain resort areas have thresholds exceeding $3 million. Luxury pricing remains localized, with some markets seeing price declines as […]
Bill Aims to Ease Florida Down Payments
Proposal would help first-time buyers with down payments, by encouraging employers to provide at least $5,000 for costs. Participating companies would receive a corporate tax waiver in exchange for joining the employee assistance program. Study cites a statewide shortage of over 120,000 units, including 55,000 single-family homes and 66,000+ rentals. Major metropolitan areas are the […]
Is Orlando Homebuying More Manageable in 2026?
Economists predict improving conditions in 2026 as affordability gradually recovers. Median home prices range from $139K (bottom) to $1.5M (luxury), with a median income of $85,726.