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| Keller Williams® Realty of Highlands Realty 2359 US 27 South, Sebring, Florida 33870 Cat Murphy Realtor® 863-214-1622 Cell/Office 1-877-386-4343 Toll Free/Office 1.866.814.4836 Toll Free Fax E-Mail: RealEstateCat@Earthlink.net Web: www.RealEstateCatInfo.com |
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View All of Highlands County MLS Properties For Sale Then Contact Me For More Information |
| Copyright © 2000 Keller Williams® Realty. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. Questions and comments should be sent to RealEstateCat@Earthlink.net. Click here to view our Privacy Policy. |
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| Property Owners, Help is Here for You! Lets Talk!! Late on Mortgage Payments? Facing Pre Foreclosure Let Me Help You .... Learn more Call Cat Murphy, 863.214.1622 |
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REAL ESTATE NEWS AND INFORMATION:
If it isn't one thing, it's another. Historically low mortgage rates have been one of the
few strengths in today's housing market, but inflation fears may be nudging rates
higher.
Read the full story:
http://www.floridarealtors.org/NewsAndEvents/n1-063008.cfm
PROPERTY INSURANCE
Congress plans to address insurance regulatory issues in July before departing on
an extended summer vacation, and industry officials are hopeful that lawmakers
will finish work on legislation reauthorizing and reforming the National Flood
Insurance Program.
Read the full story:
http://www.floridarealtors.org/NewsAndEvents/n2-063008.cfm
PORTABILITY
How many Floridians understand property tax portability? "Most of the buyers I have
dealt with - I've been educating them," says Realtor Steve Fruit in Highlands County.
"A few seem to be conversant about Save Our Homes, but it's amazing how many
don't know about it."
Read the full story:
http://www.floridarealtors.org/NewsAndEvents/n3-063008.cfm
| Keller Williams® Realty of Highlands Realty 2359 US 27 South, Sebring, Florida 33870 Cat Murphy Realtor® 863-214-1622 Cell/Office 1-877-386-4343 Toll Free/Office 1.866.814.4836 Toll Free Fax E-Mail: RealEstateCat@Earthlink.net Web: www.RealEstateCatInfo.com |
National Market Update
The National Association of REALTORS® (NAR) report sales
gains in several areas across the country compared to the
same time a year ago, and are predicting greater demand in
the months ahead. Although national sales for pre-existing
homes declined 1 percent in April, a recent change in
mortgage practices makes it easier for buyers to obtain
conventional financing.
According to NAR President Richard Gaylord, Freddie Mac
and Fannie Mae will enable buyers to acquire affordable
financing, "with down payments of only 5 percent on most
mortgages, with 100 percent financing available on some loan
products." Gaylord predicts an upturn in sales this summer.
NAR economists believe the changes will heat up the market
as buyers have greater financing options available. Lawrence
Yun, chief NAR economist, offered even more good news to
those in higher priced markets, saying, "a recent notable
drop in interest rates on conforming jumbo loans will help
consumers in high-cost markets like California and New York."
Freddie Mac reported the national average 30-year,
conventional, fixed-rate mortgage dropped to 5.92 percent in
April compared to 5.97 percent in March; the rate was 6.18
percent in April 2007. Nationally, total housing inventory at the
end of April rose 10.5 percent to 4.55 million existing homes
available for sale.
house is worth, and rather than fight the lender and try to
negotiate a better deal, they just move out and mail the keys
in; and lenders don't put up a fuss. "I can't get you to pay if
you've got no skin in the game," says one lender.
The National Association of REALTORS® (NAR) report sales
gains in several areas across the country compared to the
same time a year ago, and are predicting greater demand in
the months ahead. Although national sales for pre-existing
homes declined 1 percent in April, a recent change in
mortgage practices makes it easier for buyers to obtain
conventional financing.
According to NAR President Richard Gaylord, Freddie Mac
and Fannie Mae will enable buyers to acquire affordable
financing, "with down payments of only 5 percent on most
mortgages, with 100 percent financing available on some loan
products." Gaylord predicts an upturn in sales this summer.
NAR economists believe the changes will heat up the market
as buyers have greater financing options available. Lawrence
Yun, chief NAR economist, offered even more good news to
those in higher priced markets, saying, "a recent notable
drop in interest rates on conforming jumbo loans will help
consumers in high-cost markets like California and New York."
Freddie Mac reported the national average 30-year,
conventional, fixed-rate mortgage dropped to 5.92 percent in
April compared to 5.97 percent in March; the rate was 6.18
percent in April 2007. Nationally, total housing inventory at the
end of April rose 10.5 percent to 4.55 million existing homes
available for sale.
house is worth, and rather than fight the lender and try to
negotiate a better deal, they just move out and mail the keys
in; and lenders don't put up a fuss. "I can't get you to pay if
you've got no skin in the game," says one lender.
Read the full story:
http://www.floridarealtors.org/NewsAndEvents/n5-031108.cfm
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- What to do about your loan in the year ahead.
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- Too many people worry that they will have to pay Uncle Sam when
they sell their homes. But since the rules changed in 1997, it has been
one of the best tax breaks around.
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