Jacksonville Beaches Real Estate

Homeowners tell all – bigger isn’t always better : Homeowners aren’t satisfied with the size of their home, as bigger isn’t always better. Trulia’s new survey shows that the larger the homebuyer’s current home, the more likely they are to want to downsize. However, this varies widely between generations.

Case-Shiller: Home prices set 30-month high in December : Home prices rose to their 30-month high in December and at their fastest pace in over 2.5 years, according to the latest Case-Shiller results. The Indices’ chairman explains why rates are rising so rapidly and if the speed of increase is a reason for alarm.

New home sales are up, but pace disappoints : New home sales increased in December, but industry experts are not impressed. Given the unusually high temperatures throughout the winter and the high demand for housing, experts expected new home sales to come out with much stronger numbers.

NAR: Existing-home sales jump in January

Follow the link for detailed information. Mortgage Rates Slightly Lower After Fed Minutes

Average 30-year mortgage rates slip again to 4.17%

Foreclosures, seriously delinquent mortgages fall to lowest level since 2007 : The number of homes in some stage of foreclosure and the number of seriously delinquent mortgages are now at levels not seen since late 2007, according to a new report from CoreLogic. What's behind the drop? Read on to find out.

Lack of inventory hindering housing recovery : While the housing market continues to make steady gains, the lack of inventory keeps it from a full recovery. And to make it more difficult, the lack of construction workers isn't helping either.

Mortgage interest rates fall to lowest level in nearly three years : Mortgage interest rates continued their downward trend in the last week, falling again to the lowest level of the year and the lowest level in nearly three years, Freddie Mac’s latest Primary Mortgage Market Survey showed.

Mortgage lending boom? Equifax reports massive increase in home credit : Contrary to some fears that the Consumer Financial Protection Bureau’s new disclosure rule would severely dampen mortgage lending in 2015, a new report from Equifax shows that exactly the opposite took place, as mortgage lending grew by a drastic margin in 2015.

Mortgage rates well below end-of-2015 level for spring home-buying season : Despite increasing for the second week in a row, mortgage rates are still well below levels seen at the end of last year. This is only the second increase this year, making mortgage rates very attractive for the upcoming spring home-buying season.

Hint: FL is on the list. Maybe you should consider refinancing? Top 10 states where you should consider refinancing to save money : Thinking about whether you should refinance or not? If all-time-low interest rates aren't enough to motivate you, here's a list of the top 10 states to save money by refinancing. And if you live in one of the hottest housing markets in America, the answer will likely be a resounding yes.

Fannie Mae: Consumers think it’s easier than ever to get a mortgage : Consumer optimism about the economy is falling right in line with the upcoming spring home-buying season, as new Fannie Mae survey results show how strongly people now feel about housing.

What’s next for Jacksonville?--Visit Jacksonville

Pending home sales to lag until inventory crisis ends : The year isn’t starting off too hot, with inventory shortages and rising home prices once again impeding any potential housing growth. If something doesn’t change in new and existing homes for sale, the path to homeownership will remain an uphill climb.

NAR: Inventory shortages push homeownership further out of reach : A lack of housing inventory continues to stifle the housing market, making it difficult for potential homeowners to get on the property ladder. And according to the latest quarterly report from the National Association of Realtors, the problem is not going to subside anytime soon, impacting more than first-time homebuyers.

Monday Morning Cup of Coffee: Risky home lending really on the comeback? : Mortgages received plenty of attention this weekend, and not just during Super Bowl commercial breaks, with reports offering divided views of the markets, according to the various media platforms that published the copy. Despite the click-bait headlines, it's not time to panic.

MBA: Mortgages applications reverse trend, drop : After three weeks of steady increases, mortgage applications posted a drop, falling 2.6% from one week earlier. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances dropped to its lowest level since October 2015.

CoreLogic: Home prices maintain pace, increase 6.3% : Home prices maintained recent trends in CoreLogic’s latest report, with home prices rising at a 5% to 6% annual rate for more than a year now. However, when broken down to local-market level, the results can start to vary.

Six New Year's Resolutions for Prospective Homebuyers - Freddie Mac