ARCHIVED BLOG POSTS
2011
More than 50% of supermarket purchases are "impulse buys". You may not have known that, but the supermarkets do. And they've built their stores accordingly. A fool and his grocery cart are soon filled to the brim. In this 6-minute video from NBC's The Today Show, you'll learn how supermarkets...
02/28/2011
Buying a new home is literally a team sport since there are so many tasks, important timelines, documents and responsibilities that all need special care and attention. Besides working with a professional team that you trust, it's important that the individual players have the ability to effectiv...
02/28/2011
Not all housing reports are sunny, it seems. In its monthly New Home Sales release, the U.S. Department of Commerce showed a 13 percent drop-off in annualized new construction sales between the months of December and January. It's the biggest one-month drop in New Home Sales since May 2010. In ...
02/25/2011
Home resales rose another 2.7 percent last month, according to the National Association of REALTORS® monthly Existing Home Sales report. An "existing home" is a home that's been previously occupied and is not considered new construction. The number of existing homes sold on a rolling 12-month b...
02/24/2011
Mortgage rates are up 0.875% since mid-November, causing home buyer purchasing power across Longwood to fall more than 10 percent since. Persistent concerns over inflation are a major reason why and this week's Consumer Price Index did little to quell fears. CPI rose for the third straight mont...
02/24/2011
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Want to help keep your home safe from burglars while on vacation? One smart way is to refrain from announcing your plans on various social networks such as Facebook. There's other common-sense tips, too, as shared in this 4-minute video from NBC's The Today Show. Drawing from a series of int...
02/24/2011
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During periods of economic growth, when home values are typically just going up, most homeowners do not question appraisals much. And in times of turmoil when property values are declining, home sellers and even listing agents quite often question and pick apart appraisals. However, the actual ap...
02/20/2011
The Federal Reserve released its January 25-26, 2011 meeting minutes Wednesday afternoon. Florida mortgage rates have been in flux since. Fed Minutes are comprehensive recaps of Federal Open Market Committee meetings; a detailed look at the debates and discussions that shape our nation's monetary...
02/18/2011
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Annualized Single-Family Housing Starts dropped 1 percent in January to 413,000 units nationwide, it's lowest reading almost 2 years. A "Housing Start" is defined as a home on which construction has started. Now, if you had only seen the Housing Starts story in the headlines today, you wouldn'...
02/17/2011
Homebuilder confidence in the market for newly-built, single family homes appears stable as the spring buying season gets underway in Orlando. The confidence reading is recorded and reported monthly by the National Association of Homebuilders. For the 4th straight month, the group's Housing Mark...
02/16/2011
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Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner
Chris Brown 407.367.2974