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The rental market is growing, as many Americans are unable to afford to purchase a home, has just lost a home to foreclosure or just plain doesn't want one. Currently, nearly 38 million households are renters.The number of homeowners across the nation is at the lowest point seen in over a decade. On [Read More]

The average rate on a 30-year fixed rate mortgage dropped to the lowest point of 2011 this week, according to mortgage giant Freddie Mac.Dropping to 4.61% from 4.63% the week before, these low rates still are not enough to help jumpstart the struggling real estate market. High unemployment, continua [Read More]

The existing home sales in Florida rose in April, according to housing data that was released by Florida Realtors. Increasing by 2% in an annual comparison, the existing home sales in Florida have shown a steady increase for five consecutive months.According to Patricia Fitzgerald, Florida Realtors [Read More]

Construction of new homes dropped again in April, with 10.6% fewer new homes than in March, according to the Commerce Department, which marks a 25% decline in an annual comparison.The real estate market is struggling due to high employment, tight lending standards and continually dropping home price [Read More]

Although the mortgage rates are hitting not only the lows for the year, but possibly the decades, it's just not enough incentive for potential home buyers and refinancers. The lack of confidence in the economy, including the job market, is keeping people from making that big purchase.Mortgage giant, [Read More]

In an annual comparison, less homeowners across the nation had their homes repossessed in April, according to the foreclosure listing firm, RealtyTrac, Inc.Lenders repossessed 69,532 homes last month, which shows a 5% decline from March and a 25% decline from April of last year. The declines are not [Read More]

After home sales in Tampa Bay hit a record in March, they fell drastically in April, which marks the spring buying season when sales are typically at their best.The drop in the sales of foreclosed homes was also felt in the four surrounding counties of Hernando, Hillsborough, Pinellas and Pasco, in [Read More]

A recent survey showed that 87% of first-time homebuyers would much prefer to purchase a home that is ready to move-in. Sprucing up your home before you put it on the market could pay off in the long run.Curb appeal: Most buyers will drive by to look at home before they make contact with an agent or [Read More]

The Census Bureau reported that the US homeownership rate fell from 67.1% to 66.4% the first quarter in an annual comparison. This rate is lowest that has been seen in over a decade. The midwest saw the highest rate, followed by the south, the Northeast and the west. According to reports, Americans [Read More]

Taking a a vacation in the Keys of Florida during the summer months is quite common. Many folks rent property for a weekend, a couple of weeks or even a month to partake in the crystal clear waters, white sandy beaches and just plain fun in the sun! However, many vacationers are finding themselves i [Read More]