Fla.’s Millennials Are Moving Back to the Burbs
David Cobb, regional director for Metrostudy, says millennials are the “No. 1 new-home purchasers” in Jacksonville, Orlando and Tampa. Millennials are expected to form 2 million households annually for the … Continue reading
Investors Find Pet-Friendly Properties More Profitable
Today, American households are more likely to include pets than children under the age of 18, according to the U.S. Census Bureau’s American Housing Survey. The share of households with … Continue reading
Fla.’s Attraction: Is It the Sunshine or Tax Advantages?
The Sunshine State can offer more than just sunshine for prospective homebuyers. While the climate has always been a big draw for new residents, another element has led many in … Continue reading
Fifth Third will provide low-income borrowers with $7,500 in down payment assistance
Fifth Third Bank is making it easier for low-income borrowers to buy a home. Last year, Fifth Third rolled out a new mortgage lending program that provides as much as … Continue reading
Average FICO score reaches record high, Experian says
The average U.S. FICO score hit a record high of 703 in 2019, driven by Americans in their 30s, as a strong labor market helped people to pay their bills … Continue reading
The best time to sell a house is quickly approaching
Although homebuying season seemed to have arrived early this year, Zillow says that homes listed in May generally sell for more than other times during the year. In fact, the … Continue reading
What’s the Fastest Way to Improve a Credit Score?
Buyers may be able to boost their credit scores by 15-20 points in only a few months by paying bills on time and lowering their credit card balance. The higher … Continue reading
What Do Homeowners Fear Most? Unexpected Major Repairs
A survey of 1,500 Americans found that only 18% “don’t have any housing worries.” 1 in 3 worry about major unexpected repairs; 17% fear home prices will go down. Homeowners … Continue reading
Don’t Let Sellers Leave Tax Breaks on the Table
Remind sellers to ask their financial advisers about tax deductions they’re eligible for in a home sale. One of the big ones they may qualify for: selling costs. As long … Continue reading
Fla. House Moves Forward on Vacation Rental Bill
For the first time, online platforms such as Airbnb would have to collect and remit taxes on vacation rental properties, ensure that only properly licensed rentals are advertised and provide … Continue reading