ARCHIVED BLOG POSTS
2017
Send to a Friend Follow Me On: Mortgage Market Guide: Report Card in for 2016 Housing, GDP In This Issue Last Week in Review: Housing gets an “A” for effort, while GDP did not meet expectations. Forecast for the Week: Jobs and the Fed will dominate a heavy week of data. View: How...
01/30/2017
Sales at Highest Pace in 10 Years! [INFOGRAPHIC]Highlights: 45 million existing homes were sold in 2016! This is the highest mark set since 2006. Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999. The median price of homes sold i...
01/28/2017
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Thinking of Selling? Why Now is the TimeIt is common knowledge that a large number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year.The ot...
01/26/2017
Buying a Home is More Affordable Than Renting in 66% of US CountiesAccording to ATTOM Data Solutions’ 2017 Rental Affordability Report, buying a home is more affordable than renting in 354 of the 540 U.S. counties they analyzed.The report found that “making monthly house payments on a median-pric...
01/25/2017
5-Question Real Estate Quiz for West Palm Beach HomeownersOne reason why West Palm Beach real estate commentators like to offer quizzes is to make readers feel good about how much they know. Being that West Palm Beach homeowners probably do more than an average amount of reading about West Palm B...
01/25/2017
How Low Interest Rates Increase Your Purchasing Power According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.09%, which is still very low in comparison to recent history! The interest rate you secure when buying a home...
01/24/2017
Send to a Friend Follow Me On: Mortgage Market Guide: Housing Starts Surge, Inflation Is Up In This Issue Last Week in Review: Housing Starts surged and consumer inflation stepped up. Forecast for the Week: The final read on economic growth in 2016 will captivate audiences. View: ...
01/24/2017
Tips for Preparing Your House For Sale [INFOGRAPHIC]Highlights: When listing your house for sale your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens! Your real estate agent will have a list of specific sugges...
01/20/2017
What Would a Millennial Baby Boom Mean for Housing?Recently released data from the National Center for Health Statistics revealed that 1.3 million Millennial women gave birth for the first time in 2015. There are now over 16 million women in this generation who have become mothers.“All told, Mill...
01/19/2017
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Why Pre-Approval Should Be Your First StepIn many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about...
01/19/2017
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Christian Penner
Mortgage Broker Owner - 561-316-6800 | 561-373-098