ARCHIVED BLOG POSTS

2011 

  In today's Orlando homes, front-loading washing machines are a popular choices as compared to traditional, top-loading machines for 3 main reasons: They wash more clothes per cycle, lowering household energy costs They're environmentally-friendly, using less water per cycle They're gentler on c...
07/28/2011
  A strong spring season helped home values recover, says the government. According to the Federal Home Finance Agency's Home Price Index, home prices rose a seasonally-adjusted 0.4 percent from April to May. It's the HPI's second straight increase, and puts the monthly index at its highest point...
07/28/2011
  Home resales slipped for the 3rd straight month, according to data from the National Association of REALTORS®. The Existing Home Sales posted a 1 percent drop from May as the number of homes sold fell to a seasonally-adjusted, annualized 4.77 million units. It's the monthly report's lowest read...
07/27/2011
  Builders are busy once again. According to the Census Bureau, Single-Family Housing Starts rose to 453,000 on a seasonally-adjusted, annualized basis in June -- a 9 percent spike from the month prior and the highest reading in 3 seasons. A "Housing Start" is defined as a home breaking ground on...
07/22/2011
  Homebuilder confidence is bouncing back. One month after an unceremonious dip highlighted by poor sales figures and dim prospects for the future, the National Association of Homebuilder's Housing Market Index rebounded two points to 15 in July. The monthly Housing Market Index is scored on a 1-...
07/22/2011
 According to the National Association of REALTORS®, there are more than 3.7 million homes for sale this month. If your home is among them, are you doing what it takes to stand apart from the crowd? This 4-minute piece from NBC's The Today Show pulls no punches. It's titled "5 Mistakes Sellers Ca...
07/21/2011
Understanding the definition of Loan-to-Value (LTV), and how it impacts a mortgage approval, will help you determine what type of loan amount and program you may qualify for. Since the LTV Ratio is a major component of getting approved for a new mortgage, it's a good idea to learn the simple math...
07/18/2011
  The American Consumer will not be deterred. Despite worsening jobless figures and an increase in the Cost of Living, Retail Sales are climbing. In June, for the 12th straight month, retail receipts rose, excluding cars and auto parts. Analysts expected no change from May. Instead, receipts topp...
07/18/2011
For the 9th straight month last month, foreclosure activity slowed. According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings dropped 29 percent nationwide on an annual basis in June. The phrase "foreclosure filing" is a catch-all term, comprising default notices, sche...
07/15/2011
  The interest rate differential between fixed-rate and adjustable-rate mortgages continues to widen and has now reached historic levels. There's never been a better time to lock an ARM. According to Freddie Mac's weekly Primary Mortgage Market Survey, homeowners in Orlando who lock their mortgag...
07/14/2011
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Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner

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