Real Estate News

Real Estate News in the Central Florida Area and Around the Country.

Found 576 blog entries about Real Estate News.

As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement.

Homes for Sale in Davenport FL

According to the National Association of Exclusive Buyers Agents (NAEBA), there are 7 factors that you should consider when choosing your retirement home.1

1. Affordability

“It may be easy enough to afford your home today but think long-term about your monthly costs. Account for property taxes, insurance, HOA fees, utilities – all the things that will be due whether or not you have

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Every homeowner wants to make sure that they maximize their financial reward when selling their home, but how do you guarantee that you receive the maximum value for your house?

Here are two ways to ensure that you get the highest price possible.

1. Price it a Little Low

This may seem counterintuitive, but let’s take a look at this concept for a moment. Many homeowners think that pricing their homes a little OVER market value will leave them with room for negotiation when, in actuality, it just dramatically lessens the demand for their houses (see chart below).

Selling Your Home? Here’s 2 Ways to Get the Best Price! | Keeping Current Matters

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price their house so that demand for the home is maximized. By doing so, the seller will not be

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According to FloridaRentals.com, Davenport is one of the top 10 vacation spots in the state for off season rental homes. The list is compiled based on the number of searches on the website.  Courtesy of Mike Ferguson - The Lakeland Ledger

DAVENPORT — The growth in Davenport has been well-documented, but it’s not just new residents accounting for it.

According to FloridaRentals.com, Davenport is one of the top 10 vacation spots in the state for offseason rental homes. The list is compiled based on the number of searches on the website.

Vacation Homes in Davenport FL

“What it means for those areas is that a rental property is a good investment because they can likely be rented 52 weeks a year, and further, businesses supporting tourism in the areas will

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A vacation home can add tremendously to your family’s quality of life. This is especially true when you make your choice carefully and thoughtfully. Here are ten tips to consider when buying a vacation home. 


1. Ease of Access

Most people only get two or three weeks of vacation time each year. If your vacation days are limited, you might like to take advantage of three-day weekends to visit your vacation home. However, you won’t be able to do that unless you can get to your vacation home fairly easily. Consider how long it takes you to get there as well as the travel expenses you’ll incur. Also bear in mind how easy or difficult it might be for your friends and extended family to travel to visit you in your vacation home. 

2. Home Owners’

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first time homeowner

A new home comes with a host of new responsibilities. Here are a few to get you started.

You’ve found the perfect home, passed inspection, closed and hired the movers. In a few short days, you will embark on the joys (and rollercoaster) otherwise known as homeownership. From the moment you turn your key in the lock of your new dwelling, there will be a new set of points to ponder. Some are expected while others might come out of nowhere and take you by surprise. Here are some things or a new homeowner to keep in mind for the near-and short-term after closing.

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6 things to know as a first-time homeowner

  1. 1. Neighborly exchanges aren’t always the easiest, but it is always worth giving a

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Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors.

Homes for Sale in Davenport FL

Sam Khater, Freddie Mac’s Chief Economist, had this to say:

“Healthy consumer spending and higher commodity prices spooked bond markets and led to higher mortgage rates over the past week.

Not only are buyers facing higher borrowing costs, gas prices are currently at four-year highs just as we enter the important peak home sales season.”

But what do gas prices have to do with interest rates?

Investopedia explains the relationship like this:

“The price

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When you're trying to make your offer as attractive as possible, skipping the inspection may seem like a good idea. Here's why it's not.

Homes for Sale in Clermont FL

If you’re buying a home in a competitive market and your offers keep getting beat out, you may be tempted to resort to desperate measures. In addition to offering more than the asking price or a quick closing, some buyers agree to waive inspections.

This is never a good idea. The home may look OK to the naked eye, but it’s what’s beyond the surface, or items that you can’t identify as problematic, that cause the biggest issues.

For example, the typical buyer won’t be able to spot asbestos, nor will they see evidence of termite infestation or a leak inside the HVAC system.

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You may be just a loan away from your dream home. You just need to learn how to get a mortgage first.

There’s a little more to getting a mortgage than waltzing into your favorite bank and asking for one. After all, your financial life will be much of what helps lenders decide to offer you a loan, not your personality. And unless you have enough cash to buy a whole house, you’re going to need a home loan. Knowing how to get a mortgage long before you attempt to will help your odds of success.

Homes for Sale in Davenport FL

What Is a Mortgage?

A mortgage is a loan from a bank or mortgage lender to help finance the purchase of a home without paying the entire value of the property up front. Given the high costs of buying a home, almost every

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