1 in 10 Orlando Homes Sell to Investment Firms
Big investment firms largely ignored single-family housing until 2007, and competition between investors and homesteaders is a fundamental market change.
Big investment firms largely ignored single-family housing until 2007, and competition between investors and homesteaders is a fundamental market change.
Zero-down, interest-only adjustable-rate mortgages (ARMs) played a role in the last recession, but today’s options are safe if buyers understand the pros and cons.
More Americans dream of moving to Fla. than other states, according to Coldwell Banker, and a high percentage of Fla. residents won’t search for a home elsewhere.
The Fed is willing to push interest rates higher, but it’s not just a supply-cost worry. If consumers expect more inflation, it can become a self-fulfilling prophecy.
Recession fears pushed the 30-year, fixed-rate mortgage down from last week’s 5.7%, though they remain higher than the 2.9% recorded last year at this time.
Why should someone move to Fla.? Because it’s officially fun, according to a WalletHub study that looked at entertainment, recreation and nightlife.