Hometown Heroes has extended the program from the State of Florida which supports full time workers in Florida in buying a home. The Florida Housing Finance Corporation (Florida Housing) has announced the reopening of the Hometown Heroes down payment assistance program, thanks to an infusion of an additional $36 million. This initiative provides financial support […]
Home Prices Increase in over 82% of US Markets
In the third quarter of 2023, over 80% of metropolitan markets (182 out of 221) experienced increases in home prices, as reported by the National Association of Realtors® (NAR). This occurred during a period when the 30-year fixed mortgage rate fluctuated between 6.81% and 7.31%. According to the latest quarterly report, double-digit price growth was […]
Florida Hometown Heroes Program
The Florida Hometown Heroes Program is still available to help first time home buyers get into a home. There are some builders in North Central Florida who work with lenders using Hometown Heroes as an option. The thing to know is that not every lender is participating in this program. We have a list of […]
Buying A Home Is Stressful Says New Study
A recent Qualtrics study commissioned by Redfin indicates that U.S. homebuyers find the process of purchasing a home to be more anxiety-inducing than dating. Redfin’s Chief Economist, Daryl Fairweather, commented on the findings, stating, “While getting ghosted by a date can be stressful, buying a home in today’s market introduces a unique set of anxieties. Rising housing […]
Could Fall 2023 Be a Good Time To Buy?
Over the past year, US home prices have experienced an increase due to elevated mortgage rates. Nevertheless, Zillow suggests that now is a good time to buy a home, provided you have the financial means. Zillow’s assessment is grounded in their analysis indicating a greater number of sellers are becoming more flexible with their asking […]
10 Things to Know About Buying a Condo
If you’re considering buying a condominium in Gainesville, Florida, there are several key aspects to keep in mind. Here’s are 10 things to know about buying a condo: Should you rent or should you buy? – Renting will cost a minimum of $450 to rent a room up to $2000 or more for a full […]
Understanding Home Inspections
As a buyer, a understanding home inspections is a crucial step in the homebuying process. It helps you understand the condition of the property you are considering purchasing and identify any potential issues or repairs that may need to be addressed. Here’s what you need to know about a home inspection: 1. Purpose: The primary […]